Posts Tagged ‘Downside’
GBPUSD: Fib Support Caps Downside
Author: Germina Lake
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NZDUSD: Downside Bias Favored Sub-0.83
Author: Germina Lake
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GBPJPY Downside Risks Remain Capped by the 10-Day SMA Ahead of the BoE Quarterly Inflation Report
Author: Germina Lake
The GBPJPY has worked its way into a descending channel ahead of the Bank of England quarterly inflation report.
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Downside Risks Remain for the GBPUSD as the Pair Struggles to Break Above the 200-day SMA
Author: Germina Lake
The British pound pared yesterday’s decline against the U.S. dollar, but now looks to find major resistance at the 200-day moving average. Failure to make a clear break above 1.5500 may lead to downside risks back towards 1.5370 over the next twenty four hours.
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Downside Targets and a Top in Gold
Author: Germina Lake
Downside Targets and a Top in Gold
A secondary top in stocks was indentified several weeks ago. It is now time to assess downside targets. I am measuring objectives with the S&P index. A simple head and shoulders measuring technique yields objectives of 885 and 862 .
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