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  1. EURUSD Forex Forecast – Ranging Near 200 SMA reversal area

    by , 01-07-2016 at 11:21 AM
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    • "EURUSD has been trending lower on the short-term time frames, with a potential retracement opportunity presenting itself on the 4-hour chart. Price previously broke below support around 1.0850-1.0900 before dipping close to the 1.0700 handle then pulling back.
    • Using the Fibonacci retracement tool on the latest swing high and low shows that the 50-61.8% levels line up with the broken support zone. This might hold as resistance since it is also close
    ...
  2. Letv To Invest CNY1.9 Billion In TCL - Letv Zhixin Electronic Technology (Tianjin) Co., Ltd is a subsidiary of Letv, which is listed on China's growth enterprise market

    by , 01-07-2016 at 11:05 AM


    TCL Multimedia has reached a subscription agreement with Letv's subsidiary Letv Zhixin, under which Letv will invest HKD2.267 billion, which is about CNY1.875 billion, to subscribe to an approximate 20% stake in TCL Multimedia via Letv Zhixin's newly-established wholly-owned subsidiary in Hong Kong.

    With this deal, Letv will gain 348.85 million TCL Multimedia's new shares at the price ...
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  3. Trading The News: Euro-Zone Retail Sales

    by , 01-07-2016 at 07:59 AM
    - Euro-Zone Retail Sales to Expand for First Time Since July.
    - Will Signs of a Stronger Recovery Encourage the ECB to Adopt an Improved Outlook?

    Trading the News: Euro-Zone Retail Sales

    A rebound in Euro-Zone Retail Sales may generate a near-term rebound in EUR/USD as signs of a stronger recovery raises the European Central Bank’s (ECB) scope to retain its current policy throughout 2016.

    What’s Expected

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  4. Pagodas in Bagan by Nattapon Sritrairat

    by , 01-07-2016 at 05:30 AM
    Pagodas in Bagan by Nattapon Sritrairat

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  5. Quick Technical Overview - S&P 500: daily ranging bearish; weekly correction to be started; intra-day bearish reversal

    by , 01-07-2016 at 01:20 AM
    Daily price is located near SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) ranging with waiting for direction for the possible breakout or breakdown. The key support/resistance reversal levels are the following:

    • 2103.93 key resistance level located above 100-SMA/200-SMA in the bullish area of the daily chart, and
    • 1988.96 key support level located below 100-SMA/200-SMA in the beginning of the bearish area.

    RSI indicator is estimating the bearish ...