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GBPUSD still showing downtrend .The current price is around the zone as it was last week. As i expected, the best price to entry short is at the retracement zone. Key Trading Plan: i) wait for retracement price to short ii) stop loss is around 1.24271 iii) take profit is at 1.22433 Author: S.I.D. Safiq

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AUDUSD has reached a strong resistance level and bullish momentum seems has lost its steam. Key Trading Plan: i) LONG if the price breaks the resistance level of 0.70719 with the target Take Profit at 0.72017. ii) SHORT with the target Take Profit 1 at 0.66825 and Take Profit 2 at 0.64808.

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Nasdaq close higher as expected last week. The bullish continuation seems likely given this new "SAFE HAVEN" high liquidity in the current economy. US Tech 100 companies continue to outperform brick and mortar business amidst the current crisis. The advent of 2nd wave of pandemic covid 19 is unlikely to affect NASDAQ in the short run. Key Trading Plan: i) LONG...

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The chart clearly shows a change of trend. Moving average 50 is above mid Bollinger band shows that the price is strongly going downtrend. Key Trading Plan: i) wait for price retracement to short Author: S.I.D. Safiq

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Hello traders! As expected, high impact news on Thursday really affected this pair. The price of this pair has reached support zone. Thus, these are my expectations: a) If the price breaks 131.72, there will be a strong momentum and it will try to reach a new support around 129.513. b) retracement is likely to happen. the price will try to reach 132.866...

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EURUSD expected to Long on either 2 Fibonacci points Long - 1st Entry - 1.116 2nd Entry - 1.099 SL - 1.085 TP 1.1700 Risk Reward Ratio - 1:2

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Fundamental - Dollar index expected to fall due to the fundamental analysis of the social & economic status in the US. as of 21st June, COVID 19 death toll in the US Reaches 110,000 people. This definitely will affect US economy in the coming month, making the greenback weakened. Technical - Dollar Index is now on 38.2 retracement point on Fibonacci...

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The market looks stuck in a range, gold needs to get above the $1,760 level. If it does, we can have a good rally. Wouldn’t be surprised if we see higher end of the range due to economical tensions thanks to COVID aftermath and tensions between the U.S. and China … Eventually, we should be heading to $1,800 or even higher. Key Trading Plan: i) LONG if the price...

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EU states back spending up to $2.7 billion upfront on COVID-19 vaccines however,EU officials said the bloc would not buy vaccines produced exclusively in the United States, which includes PFIZER, fearing that would delay supplies to Europe. Hence, I expect the share price will dip further. Key Trading Plan: i) SHORT when it reaches the pull back price at 34.98...

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Microsoft's software and services are closely tied to enterprise environments, and computing capabilities have never been more in demand. The shift to working from home has been a major boon for two key components of Microsoft's business. Key Trading Plan: i) LONG when it reaches the pull back 1 at 186.75 or pull back 2 at 178.85 with the target Take Profit...

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App Store revenue is booming as people stay at home. Analyst expects increased App Store downloads and in-app purchases to bring in an extra $500 million in revenue for Apple's third fiscal quarter. And if that revenue is driven mostly by subscriptions, as has been increasingly the case for Apple, it could mean a permanent step up in revenue for the high-margin...

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Despite the ongoing 737 Max issues and a decimated customer base, Boeing (BA) has already rallied back to $200 from below $90. Sure, the stock has a 52-week high near $400, but the airline no longer has any new commercial passenger jet orders after seeing their backlog as constrained due to production limits. The key investor takeaway is that Boeing has rallied...

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Just a week after being crushed by the best U.S. jobs report in three months, the gold rally is back and alive, as fears about a second coronavirus wave in the United States prop up the safe haven to get even lower as low as 1450. As the price is currently on distribution (sideways), any breakout will likely dictate the new trend for GOLD. Key Trading Plan: i)...

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As expected, NASDAQ is currently on pull back before rallying up again retesting the highest pivot point of 10144. Work Form Home policy has apparently given a significant positive impact of NASDAQ index as stocks like ADOBE has surged in terms of its revenue last week. I see nothing can stop these technologies bunch as it is immune to the recession as compared...

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The Australian Dollar has initially broken above the 0.70 level during the week but then was repelled (which is think it’s just a fake-out price movement), as we have not been able to break above the 0.71 handle which is my signal to start buying for a longer-term move. Until then, I have to assume that we are either going sideways or breaking down. Quite...

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Pound Sterling is expected to be more volatile in the coming weeks as the uncertainty hovering around Brexit and UK economic outlook. British pound has fallen more heavily as compared to Japanese Yen in the last few days. The fact that we are recovering on Friday suggests that we may be going back and forth in order to cause more consolidation. Remember, 80% of...

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Pound Sterling is expected to be more volatile in the coming weeks as the uncertainty hovering around Brexit and UK economic outlook. Brexit process are weighing heavily on the cable as the successive rounds of negotiations fail to deliver any significant progress as time runs out. With the transition period expiring on January 1, 2021, the odds of a no-deal...

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After 2-weeks long bullish trend, reversal trend is apparently imminent for EURUSD. After a strong dip with the US Dollar Index, the US Dollar currency apparently has rebounced upwards, which greatly affects all other USD correlated pairs currency. For EURUSD, we expect further dip as low as at Take Profit 2 level before rallies back up again. Author: S.I.D. Aizu