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Markets

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Forex Trading Alert: Dark Clouds Over AUD/USD

Aug 08, 2014 at 08:05

The Australian dollar declined to a two-month low against its U.S. counterpart after official data showed that the number of employed people in Australia fell by 300 in the previous…

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Miners Next Move: Breakout or Breakdown?

Aug 08, 2014 at 07:49

We've been very bullish on the miners since January but became concerned recently with the poor technical action in the metals (specifically Gold). Last month the mining indices were very…

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GBP/JPY - Approaching a Strong Support Area

Aug 08, 2014 at 07:08

GBP/JPY continues to weaken after the break of the key support at 172.38, as can be seen by the break of the rising channel. However, prices are now close to…

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Can The Bulls Make A Stand Near Support?

Aug 07, 2014 at 17:37

U.S. investors have been unsettled by Russian troops, economic concerns in Europe, and a possible shift in the Fed's interest rate time table. If that was not enough, the term…

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GBPUSD and USDCAD Intraday: Elliott Wave Analysis

Aug 07, 2014 at 06:49

USDCAD has turned down yesterday from our highlighted resistance area; 1.0970-1.1000 that was our projected zone for a wave v) in (iii). A decline from that high was strong in…

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US Stock Market: Weekly Charts

Aug 07, 2014 at 06:29

With the help of some of NFTRH's standard weekly charts, we take a snapshot of the US stock market.

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Stock Trading Alert: Uncertainty Following Last Week's Move Down - Will Downward Correction Extend?

Aug 07, 2014 at 06:08

The broad stock market is in a consolidation following recent decline. We expect some more downside. Therefore, we continue to maintain our already profitable speculative short position (with stop-loss at…

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AUD/USD - Making New Lows

Aug 07, 2014 at 05:43

AUD/USD has broken the key support at 0.9319, validating a bearish reversal pattern with a downside risk at 0.9206. Today's new lows confirm this downside potential. An hourly resistance lies…

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Scenarios For A Vulnerable Stock Market

Aug 06, 2014 at 18:31

The U.S. stock market remains in a vulnerable position, especially given the possibility Russia could send troops across Ukraine's border.

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Who Is John Galt and What Stocks Would He Buy

Aug 06, 2014 at 15:08

Ayn Rand wrote an influential book, Atlas Shrugged , in the '50s that seems to resurface in popularity with each new wave of government intrusion on the lives of our…