AUDUSD – Perfect Bearish Break?

Key Points Aussie Dollar moved lower and traded below a major support area against the US Dollar. There was a monster contracting triangle breached by sellers, opening the doors for more losses in the near term. In the US, the MBA Mortgage Applications released by the Mortgage Bankers Association posted an increase of 11.8%, compared

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GBPUSD – Is This A Real Break?

Key Points British Pound climbed higher recently against the US Dollar and broke an important bearish trend line on the hourly chart. GBPUSD is facing a major resistance around the 100 hourly simple moving average (SMA). UK Net Borrowing released by the National Statistics posted a reading of £8.628B, which was less than the forecast

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CHFJPY – Buying Dips Favored

Key Points Swiss Franc spiked higher against most major currencies including the Japanese Yen. CHFJPY pair traded higher and tested the 126.00 resistance zone where it found sellers. Swiss Trade Balance released by the Federal Customs Administration posted a trade surplus of 3,047M in September 2015, which was higher compared with the last reading. Technical

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Gold Remains Firm Near 3-Month High

Gold extended upside movement during the London session on Thursday, increasing the price of yellow metal to more than 1190.00 as bulls gain strength. The technical bias already remains bullish because of a Higher High and Higher Low in the ongoing wave on daily chart. Technical Analysis As of this writing, the precious metal is

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Welcome To Mentor Tips!

welcome

Hello family! I am so glad to finally have this site up and running and to have you all inside one hub! We no longer have to worry about disconnections or lag from third party software! We can finally trade together, grow together, make money together and achieve success together! I am ecstatic you are

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