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Date archive forDecember, 2014
The GBP/USD's upside seems limited below the 1.5584-1.5600 resistance area. Next target on the downside for the forex pair is the crucial 1.5430 support.
By ProfitEase.com On Monday, December 29th, 2014
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GBP/USD – Technical Analysis (29.12.2014)

The GBP/USD’s upside seems limited below the 1.5584-1.5600 resistance area. Next target on the downside for the forex pair is the crucial 1.5430 support.  More...

The picture for gold is positive above the key $1170 support. Bullion's next target is $1213, en route to the $1223 resistance.
By ProfitEase.com On Monday, December 29th, 2014
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Gold – Technical Analysis (29.12.2014)

The picture for gold is positive above the key $1170 support. Bullion’s next target is $1213, en route to the $1223 resistance.  More...

Next target for the EUR/USD is the major 1.2040 support. Initial resistance is expected at 1.2219, and the picture below it will remain negative.
By ProfitEase.com On Monday, December 29th, 2014
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EUR/USD – Technical Analysis (29.12.2014)

The outlook for the EUR/USD remains markedly bearish. Next target for the forex pair is the major 1.2040 support. Initial resistance is expected at 1.2219, and the picture below this technical level will remain More...

We expect the prevaling GBP/USD downtrend to renew in the near future as reversal signals appeared around 1.5750. Immediate support is offered by 1.5693.
By ProfitEase.com On Thursday, December 11th, 2014
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GBP/USD – Technical Analysis (11.12.2014)

The GBP/USD correction is losing steam as reversal signs appeared around the 1.5730-1.5750 resistance area. Although a repeated attempt is not to be excluded, we expect the prevaling downtrend to renew in the near More...

The USD/JPY correction will extend further. Next target is 117.20; a breach there will send the pair to the 115.40 support. Initial resistance is 119.14.
By ProfitEase.com On Thursday, December 11th, 2014
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USD/JPY – Technical Analysis (11.12.2014)

The possible pullback in the USD/JPY that we mentioned in our last technical analysis materialised. The correction has the potential to extend further given the drastic rise in the forex pair recently. Next target More...

Gold's rally is absolutely intact. Next target to the upside is the $1255 resistance, while initial support is offered by $1121.
By ProfitEase.com On Thursday, December 11th, 2014
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Gold – Technical Analysis (11.12.2014)

Gold’s rally is absolutely intact, and we expect the precious metal to hit fresh highs, at least in the short-term. Next target to the upside is the $1255 resistance. Initial support is offered by $1121.  More...

Next target for the EUR/USD is 1.2530. Success there will expose 1.26, which should put a cap to any further upside attempts. Initial support is 1.2350.
By ProfitEase.com On Thursday, December 11th, 2014
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EUR/USD – Technical Analysis (11.12.2014)

After touching more than a two-year low on Monday, the EUR/USD entered into a correction. Although the latter has some more room to unfold, we do not expect to witness sustained euro strength. Next target for the More...

The forex pair is currently targeting the major support at 1.5425. Initial resistance is 1.5725.
By ProfitEase.com On Tuesday, December 9th, 2014
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GBP/USD – Technical Analysis (09.12.2014)

The GBP/USD downtrend is set to continue. The forex pair is currently targeting the major support at 1.5425. Initial resistance is 1.5725, and the outlook below this level will remain markedly bearish.  More...

The outlook for gold remains positive above the key $1175-$1186 support area. Next target for the yellow metal is the $1240 resistance.
By ProfitEase.com On Tuesday, December 9th, 2014
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Gold – Technical Analysis (09.12.2014)

The outlook for gold remains positive above the key $1175-$1186 support area. Next target for the yellow metal is the $1240 resistance.  More...

Next target for the EUR/USD is the major 1.2040 support. The 1.2360 resistance is expected to limit any potential attempts on correction.
By ProfitEase.com On Tuesday, December 9th, 2014
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EUR/USD – Technical Analysis (09.12.2014)

The EUR/USD downtrend has yet to unfold. Next target to the downside is the major 1.2040 support. The 1.2360 resistance is expected to limit any potential attempts on correction.  More...

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