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  • Squawk / 16 July 2016 at 8:55 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (July 18 - 22, 2016)

    Here’s the market outlook for the week:

    EURUSD
    Dominant bias: Neutral
    This market merely went flat throughout last week; neither closing above the resistance line at 1.1150 nor going below the support line 1.1000. Price went lower on July 15, but it is unlikely that the support line at 1.1000 would be breached, for price may not be able to close below the support line, even after it tests it. This week, the probability of price going north is higher than the probability of it going south. Therefore, the resistance lines at 1.1200 and 1.1250 could be tested this week.

    USDCHF
    Dominant bias: Bullish
    In spite of attacks from bears, USDCHF was able to avoid a significant decline last week. Price managed to go above the resistance level 0.9850, but it could not reach the subsequent resistance level at 0.9900 (which is a strong barrier to the bullish movement).

    Source: www.tallinex.com
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  • Squawk / 09 July 2016 at 9:56 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (July 11 - 15, 2016)

    Here’s the market outlook for the week:

    EURUSD
    Dominant bias: Bearish
    This pair moved sideways last week, with no major bearish or bullish movement, though the overall bias remains bearish. There are support lines at 1.0000, 1.0950 and 1.0900. The support line at 1.1000 is a formidable barrier, and should price go below it, the support lines below it could be tested. On the other hand, there are resistance lines at 1.1150, 1.1200 and 1.1250, which could also be tested when bulls become strong enough to effect any short-term rally. The outlook on the market is bearish for this month; whereas that does not rule out bullish attempts this week.

    USDCHF
    Dominant bias: Bullish
    USDCHF was able to move further upwards last week. Bulls achieved a feat when they pushed price above the support level at 0.9800 (which used to be an obstacle to them).

    Source: www.tallinex.com
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  • Squawk / 16 August 2015 at 8:31 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (August 17 - 21, 2015)

    EURUSD
    Dominant bias: Bullish
    This pair rose by 150 pips last week, rising from the support line at 1.0950 and reaching the resistance line at 1.1200. Price has really met a challenge at the resistance line at 1.1200, but it would need to go above the resistance line so that the bullish journey can continue. There are support lines at 1.1050 and 1.1000: the bullish outlook would make sense as long as the support lines are not breached to the downside.

    USDCHF
    Dominant bias: Bullish
    In recent times, both USDCHF and EURUSD are making bullish efforts. This is unusual because the pairs ought to go in separate ways (and they would soon do so). After testing the resistance level at 0.9900, USDCHF got corrected by 200 pips, testing the support level at 0.9700. However, this does not render the recent bullish bias invalid.

    Source: www.tallinex.com
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  • Squawk / 01 August 2015 at 21:41 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (August 3 - 7, 2015)

    EURUSD
    Dominant bias: Neutral
    This pair experienced a great deal of volatility last week. Price went up on Monday, and then dropped seriously from Tuesday to Thursday. On Friday, price spiked upwards and immediately following that, got corrected to the downside. The high volatility and short-term swings in the market have cancelled any directional bias on the market, not because of any equilibrium conditions, but because neither bulls nor bears are able to dominate protractedly in spite of the fact that momentum is currently high. This pair would be characterized by high momentum this month, and it would be difficult for it to rally protractedly as long as USD is strong.

    USDCHF
    Dominant bias: Bullish
    Despite the fact that bearish attempts caused the support levels at 0.9550 to be tested a few times last week, USDCHF was able to maintain its bullishness.

    Source: www.tallinex.com
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  • Article / 09 February 2015 at 11:05 GMT

    Week Ahead: Equities still gaining from liquidity flood

    Chief Executive / Prime Wealth Group
    United Kingdom
    Week Ahead: Equities still gaining from liquidity flood
    Equity markets continue to benefit from major inflows from savers and the ongoing trend for easy monetary policy in many countries. Just for how long this situation will persist remains a moot point but the standoff between Greece and the other Eurozone countries might well prove the trigger.
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  • Squawk / 26 October 2014 at 7:10 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (October 27 - 31, 2014)

    Here’s the market outlook for the week:

    EURUSD
    Dominant bias: Bearish
    This is a weak market, and the current shallow rally is another opportunity to go short. This week, there is a possibility that the price would go south, reaching the support lines at 1.2600 and 1.2550 respectively. The resistance lines at 1.2750 and 1.2800 ought to serve as hindrances to the bulls’ interests, for the bulls may want to push the price upwards.

    USDCHF
    Dominant bias: Bullish
    The USDCHF has some strength in it, as opposed to the EURUSD, and the current negligible bearish retracement may give the bulls a good chance to enter the market at a better price. This week, there is a possibility that the price would go north, reaching the resistance levels at 0.9600 and 0.9650 successively. The support levels at 0.9450 and 0.9400 should act as formidable barriers to the bears’ interests, for the bears may want to push the price downwards.
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  • Squawk / 18 April 2014 at 8:41 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (April 21 - 25, 2014)

    EURUSD
    Dominant bias: Bullish
    This market has been moving sideways for days without going in a directional move. However, the bullish bias is still valid because the price has been able to stay above the strong support line at 1.3800. Any movement below that support line could mean the end of the bullish bias. Really, the odds of the price moving upwards are very high when momentum returns to the market. For the bulls, there are targets at the resistance line of 1.3900 and 1.3950.

    USDCHF
    Dominant bias: Bearish
    Although the current situation on this pair can still be termed as being bearish, the situation is highly precarious. The bearish outlook is under a serious threat because the pair has been moving slowly, but steadily upwards recently.
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