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  1. Oil price to test 36.07 support level by U.S. commercial crude oil inventories increased by 10.4M barrels from the previous week

    by , 03-02-2016 at 06:59 PM
    2016-03-02 15:30 GMT | [USD - Crude Oil Inventories]


    [USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

    ==========

    "U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 10.4 million barrels from the previous ...
  2. Quick Technical Overview - S&P 500: intra-day correction; 1,890 is important

    by , 03-01-2016 at 06:28 PM
    H1 price is located to be above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) in the bullish area of the chart: the secondary correction was started by the price for trying to break 1,928 support level to below for the secondary correction to be continuing.

    • If the price will break 1,962 resistance level so we may see the bullish trend to be continuing.
    • If price will break 1,890 support so the reversal of the intra-day price movement from the primary bullish to the primary
    ...
  3. GOLD (XAU/USD) Long-Term Technical Analysis: watch for psy resistance level to be broken for bullish reversal

    by , 03-01-2016 at 10:02 AM
    Weekly price is located between 100 period SMA (100-SMA) and 200 period SMA (200-SMA) for the primary bearish market condition: price is on secondary bear market rally since the middle of January this year with 100-SMA to be broken to above for the bearish ranging market condition to be started on the border between the primary bearish and the primary bullish trend on the chart.

    The price is ranging within the following support/resistance levels:

    • 1,300.00 psy resistance
    ...
  4. GBP/USD Forecast: bearish breakdown

    by , 02-29-2016 at 12:12 PM
    GBP/USD: ranging within bullish levels. The pair is located to be below 100 period SMA (100-SMA) and below 200 period SMA (200-SMA) for the primary bearish market condition for the ranging within the following key levels:

    • 1.4600 psy resistance level, and
    • 1.3800 psy support level.

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    The price is trying to break 1.3877 key support from above to below on close daily bar for the bearish trend to be continuing with 1.3800 psy support ...
  5. USDJPY Technical Analysis 2016, 28.02 - 06.03: ranging bearish within bearish support and bullish reversal resistance levels

    by , 02-28-2016 at 08:30 PM
    Daily price was on bearish breakdown since the beginning of February this year: the price broke key support levels on the way to downtrend to be bounced from 110.97 support for the ranging market condition to be started.

    The price is ranging within the following key support/resistance lines:

    • 115.96 key resistance line located near and below Ichimoku cloud on the border between the secondary bear market rally and the primary bullish market condition, and
    • 110.97
    ...
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