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Silver tests the support again – Analysis - 06-03-2018

Economies.com
2018-03-06 04:45 UTC

Silver price continues to fluctuate at the bullish trend line that appears on the chart, getting positive signals through stochastic, to keep the expected bullish trend valid as it is without any change, waiting to breach 16.65 level to ease the mission of heading towards our next target at 17.43.

 

We should note that breaking 16.35 will stop the expected rise and push the price to visit 15.49 level before any new attempt to rise.

 

Expected trading range for today is between 16.30 support and 16.75 resistance.

 

Expected trend for today: Bullish

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Gold gets a positive signal – Analysis - 06-03-2018

Economies.com
2018-03-06 04:45 UTC

Gold price begins today’s trading positively after the decline that it witnessed on yesterday’s evening, as it kept its stability above 1316.48, noticing that stochastic provides clear positive signal to motivate the price to provide more positive trading in the upcoming sessions.

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USDCAD breaches the resistance – Analysis - 06-03-2018

Economies.com
2018-03-06 04:45 UTC

The USDCAD pair breached 1.2923 level clearly and settled above it, which pushes the price to extend the bullish wave on the short term and medium term basis, paving the way to head towards 1.3128 as a next main station.

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USDJPY retests – Analysis - 06-03-2018

Economies.com
2018-03-06 04:45 UTC

The USDJPY pair traded with clear positivity yesterday to retest the previously broken support line that turns into key resistance now at 106.35, accompanied by witnessing clear overbought signals through stochastic, while the EMA50 forms negative pressure against the intraday and short term trades.

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