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Author Topic: Rosen's Daily  (Read 19315 times)

Offline GTO

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Re: Rosen's Daily
« Reply #15 on: March 17, 2016, 01:14:51 PM »
Quote from: rosentray date=1458127172 link=msg=353386

Gold is currently consolidating around the $1,230 level. Below $1220 we might witness an attempt for $1,200. Above $1,238 we are headed towards first resistance at $1,255.


You r right ;)


GTO 8)

Online rosentray

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Re: Rosen's Daily
« Reply #16 on: March 17, 2016, 02:06:59 PM »
The EUR/USD rose to a new highs amid dovish tone by the FED. The pair is currently trading at 1.1330 with a high of 1.1342. First strong resistance is seen at 1.1410, while first strong support is seen at 1.1150.

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Re: Rosen's Daily
« Reply #17 on: March 17, 2016, 02:13:44 PM »
Gold rose to $1,270 as traders and investors are worried about the US economy. Currently Gold is trading at major resistance and a possible turn could be expected that would take prices down to $1.245.

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Re: Rosen's Daily
« Reply #18 on: March 18, 2016, 10:34:04 AM »
The EUR/USD is trading close to yesterday's levels around 1.13, currently at 1.1272. Main trend remains bearish with first resistance at 1.1410, which is where bulls are trying to go. On the other hand, first support level is 1.1140.

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Re: Rosen's Daily
« Reply #19 on: March 18, 2016, 10:34:55 AM »
The USD/CAD is trading at 1.30 thus marking a stable support zone. Below that we might witness a drop to 1.29. If bulls manage to keep prices up, then first target is 1.3070 and getting back into the trading channel.

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Re: Rosen's Daily
« Reply #20 on: March 21, 2016, 10:34:19 AM »
The EUR/USD is trading lower in todays session. The pair is currently at 1.1260. Price continues to be range bound as traders and investors wait for news to stir the market. First support remains 1.1070, first resistance 1.1410.

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Re: Rosen's Daily
« Reply #21 on: March 21, 2016, 10:34:40 AM »
Gold made a head and shoulders pattern on the H1 chart. Currently price is $1,1245 and Gold bears are ready to take it down to $,1225 and below. First resistance $1,255 has to be taken out in order for the precious metal to return to the short-term bullish channel.

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Re: Rosen's Daily
« Reply #22 on: March 22, 2016, 02:45:07 PM »
The EUR/USD reached 1.1188 due to the blasts at Brussels airport and metro. The euro is still feeling the impact of the event as Europe is trying to stand strong and continue normal everyday life. My prayers and support is with the people of Belgium.

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Re: Rosen's Daily
« Reply #23 on: March 22, 2016, 02:45:24 PM »
Gold was boosted by the events in Belgium and went up $16 to $1,260 from $1,244. It's now trading around $1,255 as traders and investors are trying to figure out how serious this attack actually is. Stay strong, Brussels!

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Re: Rosen's Daily
« Reply #24 on: March 23, 2016, 10:35:02 AM »
The EUR/USD is trading lower today going as low as 1.1180. Main trend remains bearish, a consolidation around this level might be expected due to lack of fresh news to stir the market.

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Re: Rosen's Daily
« Reply #25 on: March 23, 2016, 10:35:22 AM »
The GBP/USD declined sharply going from 1.4512 to 1.4160 in less than a week. Short-term a continuation of the downfall might be expected as bears were able to put the Sterling back into the descending trading channel.

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Re: Rosen's Daily
« Reply #26 on: March 24, 2016, 01:21:30 PM »
The EUR/USD is trading at support around the level of 1.1160. This is best seen on the daily chart. Price will either try to bounce off this level or break it and reach 1.1100. This week no major news are expected so we could see calm markets today and tomorrow.

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Re: Rosen's Daily
« Reply #27 on: March 24, 2016, 01:22:15 PM »
Gold pulled up slightly to go back above $1,220 recovering mildly from the losses yesterday. This morning the precious metal went to $1,212 and is currently trading at $1,221. We can expect price to go to $1,200 and then find the support to start climbing again.

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Re: Rosen's Daily
« Reply #28 on: March 25, 2016, 07:45:23 AM »
The EUR/USD is trading in consolidation due to lack of fresh news. With holiday time today, the low volatility is driving away market participants to something more beneficial. Bulls need to push prices above 1.1180 as bears will try to bring them down to 1.1080.

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Re: Rosen's Daily
« Reply #29 on: March 25, 2016, 07:49:05 AM »
GBP/USD is also consolidating as no major news are expected today. First support is seen at 1.4055 as bears must take this level down if they want to go below 1.40. On the other hand, bulls need to close above 1.4190 so that a bull trend could be established.

 

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