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Tag archive for ‘resistance level’
The selloff in GBP/USD is in its sixth week and charts do not provide any clue of a correction. The next hurdle to the downside is the key 1.6460 support.
By ProfitEase.com On Monday, August 25th, 2014

GBP/USD – Weekly Technical Analysis (25.08.2014-29.08.2014)

The selloff in GBP/USD is already in its sixth week, and the charts do not provide any clue of a correction. The slide from 1.7190 has taken place with negligible corrective upswings after which the bears have More...

The two main methods used independently for building successful market strategies are technical analysis and fundamental analysis.
By ProfitEase.com On Tuesday, August 19th, 2014

A brief review of fundamental and technical analysis

The careful and thorough forex market analysis is a challenging but very rewarding task. It is exactly the analysis which draws the dividing line between sophisticated trading and gambling. The two main methods More...


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