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Date archive forOctober, 2014
The protracted consolidation above 1.2600 signals that the correction is not over. We expect the EUR/USD to head to the 1.2740 resistance en route to 1.2838
By ProfitEase.com On Tuesday, October 28th, 2014
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EUR/USD – Technical Analysis (28.10.2014)

The EUR/USD slide was stopped at 1.2612 on Friday. The protracted consolidation above the 1.2600 support signals that the correction phase for the pair is not over yet. We expect the EUR/USD to head to the 1.2740 More...

Gold's second consequtive daily close below the $1240 resistance confirms the bearish outlook. Next target to the downside is $1221.70, followed by $1204.50
By ProfitEase.com On Sunday, October 26th, 2014
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Gold – Technical Analysis (27.10.2014)

Gold’s second consequtive daily close below the $1240 resistance confirms the bearish outlook for the precious metal. Next target to the downside is $1221.70, followed by the $1204.50 support.  More...

Next target for the forex pair is the resistance at 109.45. Crucial support on the downside is 106.80, so above that level the bias will remain bullish.
By ProfitEase.com On Sunday, October 26th, 2014
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USD/JPY – Technical Analysis (27.10.2014)

The strong bounce from 105.20 is absolutely intact indicating that the USD/JPY rapid slide from 110.06 was a mere correction, rather than a game changer. Next target for the forex pair is the resistance at 109.45. More...

The unsuccessful attempt on the 1.6000 support signals that the GBP/USD correction has not finished. The pair is expected to test the 1.6182 resistance.
By ProfitEase.com On Sunday, October 26th, 2014
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GBP/USD – Technical Analysis (27.10.2014)

The unsuccessful attempt on the 1.6000 support and the weekly close above 1.6060 signal that the GBP/USD correction phase has not finished yet. The pair is expected to make an upside move to the 1.6182 resistance. More...

The protracted consolidation above the 1.2600 support signals that the correction for EUR/USD is not over. We expect the pair to test the 1.2740 resistance.
By ProfitEase.com On Sunday, October 26th, 2014
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EUR/USD – Technical Analysis (27.10.2014)

The EUR/USD slide was stopped at 1.2612 on Friday. The protracted consolidation above the 1.2600 support signals that the correction phase for the pair is not over yet. We expect the EUR/USD to head to the 1.2740 More...

Yesterday's daily close below the $1240 support was bad news for gold bulls. We expect the precious metal to resume its long-term downtrend.
By ProfitEase.com On Friday, October 24th, 2014
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Gold – Technical Analysis (24.10.2014)

Yesterday’s daily close below the $1240 support was bad news for gold bulls. We expect the precious metal to resume its long-term downtrend. First target to the downside is $1221, followed by $1204. Immediate More...

The outlook for the USD/JPY is positive above 107.50. The pair is expected to continue its way to the 109.45, en route to the crucial resistance at 110.08.
By ProfitEase.com On Friday, October 24th, 2014
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USD/JPY – Technical Analysis (24.10.2014)

The outlook for the USD/JPY remains positive above the 107.50 support. The pair is expected to continue its way north to 109.45, en route to the crucial resistance at 110.08. Keep in mind that a break through 107.50 More...

At this stage, we favor a continuation of the GBP/USD downtrend, which will target 1.5950. Immediate support is offered by 1.6000.
By ProfitEase.com On Friday, October 24th, 2014
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GBP/USD – Technical Analysis (24.10.2014)

The GBP/USD upside correction lost steam at 1.6182 several days ago, and the bias turned back to negative. At this stage we favor a continuation of the downtrend, which will target 1.5950. Immediate support is More...

Next target for the EUR/USD is the 1.2500 support. Immediate resistance is offered by 1.2705.
By ProfitEase.com On Friday, October 24th, 2014
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EUR/USD – Technical Analysis (24.10.2014)

The break through 1.2705 a couple of days ago put an end the EUR/USD trading range between the 1.2840 resistance and the aforementioned support. Next target for the forex pair is 1.2500. Immediate resistance is More...

The USD/JPY slide was contained at the 106.23 support yesterday. The current outlook is positive for a rise to 107.48, en route to the 108.00 resistance.
By ProfitEase.com On Thursday, October 23rd, 2014
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USD/JPY – Technical Analysis (23.10.2014)

The USD/JPY slide was contained at the 106.23 support a couple of days ago. The current outlook is positive for a rise to 107.48, en route to the 108.00 resistance. Immediate support for the pair is offered by More...

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