SILVER Technical Analysis: Weekly Chart In the weekly charts, SILVER is trading in an upward channel. It is trading below MA (5) but above MA (20) and MA (50). The immediate support is 23.374 and the resistance level is at 25.954 SILVER is trading in an upward channel until...
GBPNZD Technical Analysis: Weekly Chart In the weekly charts, GBPNZD was trading in a up channel. It is trading below all SMA. The immediate support is 1.8842 & the resistance level is at 1.9097. GBPNZD was trading in the up channel before there is breakout downside. GBPNZD Technical Analysis:...
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Dax 30 Price Technical Analysis: Weekly Chart In the weekly charts, DAX 30 Â is trading in an upward channel. DAX 30 is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. DAX 30, will follow an uptrend in...
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EURNOK Technical Analysis: Weekly Chart In the weekly charts, EURNOK is trading in down channel. It is trading below all SMA. The immediate support is 9.4436 & the resistance level is at 9.6495. EURNOK is trading in the down channel until there is a trend reversal. EURNOK Technical Analysis:...
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EURNZD Technical Analysis: Weekly Chart In the weekly charts, EURNZD is trading in a down channel. It is trading above 20 and 50 days SMA & below 100 days SMA. The immediate support is 1.6905 & the resistance level is at 1.7121. EURNZD is trading in the down channel...
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WHAT IS A FOREX? Forex is the marketplace where various world currencies are traded. The forex market is the largest and is the easiest to liquidate within the world, with trillions of dollars changing hands a day. there’s no centralized location, rather the Forex market is a network of...
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INFLATION Inflation is a sustained increase in the amount of currency in circulation – which in turn increases the price of goods and services. With this in mind, inflation is one of the most important of all Forex fundamental indicators, as it demonstrates how healthy an economy is. It...
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