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EUR/USD trend & position for April 21, 2014

EUR/USD strong uptrend on the weekly chart, but weak on the shorter term. Flat position.

Chart courtesy of investing.com

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AUD/USD : always bullish in the medium run

A top has been confirmed as the  support at  9330 has been broken. Nevertheless, , I am still on the bullish side and I would rather  buy in the zone   to try and reach 0,9500.


GBP/USD : were you luckier than I have been ?

Last wekk,  I was advising to buy the  GBP/USD and I had decided  to enter a long position in the zone 1,6650/00. The market though did not wish to go down so deep,  as we made a lowest at  1,6658 before rebounding swiftly after excellent unemployment figures. 24 more words


Binary Options

Binary options are a great way to invest money and reap rich rewards. In fact there are thousands upon thousands of people who started out not knowing a thing and going on to make a killing with binary options. 673 more words

The RSI indicator - In the Zone

The “Relative Strength Index”, or RSI, is one of the most commonly used indicators by technical analysts.

Unlike modern indicators, the RSI is a very simple indicator that can be used in several ways (some of them will be discussed later on in this article) to locate oversold and overbought territories that may hint for trend exhaustion and possible reversal zones. 36 more words