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Markets / Other

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USD/JPY - Bearish Breakout

Dec 10, 2015 at 05:22

USD/JPY has declined and hourly support at 122.23 (16/11/2015 low) has been broken. Hourly resistance still lies at 123.76 (18/11/2015 high). Strong support can be found at 120.07 (28/10/2015 low).…

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Nikkei Short-Term Elliott Wave Analysis

Dec 09, 2015 at 20:43

Short term Elliott Wave cycle suggests rally to 20060 ended wave ((X)). From this level, Index has turned lower and reached 100% equal leg, therefore the cycle is mature. However,…

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Reversing the Damage of Global Austerity

Dec 09, 2015 at 20:34

A significant undercurrent of internal weakness is plaguing the NYSE broad market. This weakness is primarily visible in the dangerously high numbers of stocks making new 52-week lows. Lately that…

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Strippers Suffering From Low Oil Prices

Dec 09, 2015 at 20:32

With Prices Below $50, what is a stripper to do?

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EURUSD Final Bear Rally Leg Underway

Dec 09, 2015 at 16:58

Price recently traded down to support outlined in previous analysis before reversing and trading higher in impulsive style. While a turn back up was expected in order for the bear…

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Currency Markets Anticipating a Rate Hike Next Week

Dec 09, 2015 at 16:54

Watching the price action in the currency markets it is becoming clearer to me that the Forex crowd has now moved beyond any expected rate hike by the Fed next…

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USD Index: Corrective Retracement Within Uptrend

Dec 09, 2015 at 06:59

USD index has turned down last week, into a new correction that should be made by three waves. We are tracking wave (4) that is part of an ongoing motive…

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Cheney Calls Trump "Un-American"; Republican Establishment in Chaos; Congressman Asks Trump to Step Down; Reflections on Un-Americanism

Dec 09, 2015 at 06:58

The Republican establishment has finally had enough of Donald Trump.

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Gold and Silver Update

Dec 09, 2015 at 06:55

Since early December Bitcoin is on the move again currently attacking the $400 level. If the support zone around $375 can hold there is a high probability that we are…

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AUD/USD - Pushing Lower

Dec 09, 2015 at 06:06

AUD/USD keeps on weakening after the last week's spike. Hourly support lies at 0.7170 (30/11/2015 low) and hourly resistance is located at 0.7382 (12/10/2015 high). Support implied by the lower…

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