Daily analysis of USD/JPY for July 31, 2017

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OverviewThe USD/JPY pair continues its decline strongly after confirming breaking 110.98 level, to approach from our main waited target at 110.15 now, noting that this level represents 76.4% Fibonacci correction level for the rise measured from 108.80 ...

Daily analysis of GBP/JPY for July 31, 2017

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OverviewThe GBP/JPY pair was forced to provide intraday sideways trading due to forming new support at 144.85, to block the waited negative release, while the stability of this support allows us to expect to form intraday bullish rebound to move toward...

Daily analysis of Gold for July 31, 2017

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OverviewGold price resumed its positive trading affected by the previously completed inverted head and shoulders' pattern, and the price gets continuous positive support by the EMA50, reinforcing the expectations of continuing the bullish trend on the...

Daily analysis of Silver for July 31, 2017

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OverviewSilver price keeps its stability above 16.56 level, while it faces solid resistance at 16.80 formed by the previously broken bullish trend as appears on the chart, which means that the price needs to breach this level to ease the mission of he...

GBP/USD analysis for July 31, 2017

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Recently, the GBP/USD has been trading downwards. The price tested the level of 1.3096. According to the 15M time frame, I found a successful breakout of the downward channel. There is also a hidden bullish divergence on the moving average which is ano...

Analysis of EUR/USD for July 31, 2017

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Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1723. According to the 15M time frame, I found that the price successfully tested the upward trendline (support). I also found a hidden bullish divergence on the mov...