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    Weekly analysis- Elliott waves for Forex correlation analysis - Consolidation in silver
    Gold weekly review:Weekly Review: During the previous trading week ending 21st Oct 2016, gold markets retraced to the upper side but is currently declining in an upward momentum. We expect the level $1268.91 to have marked the end of the corrective wave (b) and that the current downward rally is the unfolding of the impulsive wave (c) towards $1214 or even lower. Thus, we are only short but only u...
    Weekly analysis- Forex Fundamental Analysis - The paradoxes of the oil market!?
    XAU/USD:In the coming week you had better sell the precious metal for two reasons. Firstly, the US corporations that are accountable for the third quarter last week, pleased investors strong data that allows you to count on growth in the US stock market quotations. Capital inflows into risky instruments traditionally painful perceived by investors, who invest in safe assets, where gold has an impo...
    Elliott waves for Forex correlation analysis - We're long
    USDJPY - Down Wave Analysis: Yesterday, usdjpy retraced to the just broken resistance level $104.06 but could not go any lower. We expect this level, $104.06, to now act as a support to any aggression to the lower side, thus, as long as the pair trades above this resistance line, we expect a possible bullish price movements towards $106.19 or even higher. A breakout below 103.93 may invalidate...