Author Archives: Trade Advantage

AUDUSD Bullish Harami 4-Hour Chart

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Resistance: 1.0319 moderate/1.0358 strong/1.0384 moderate Support: 1.0293 minor/1.0255 minor We have a low level bullish reversal, Bullish Harami in AUDUSD charts. Market is generally bearish while the pattern is just under a moderate resistance at 1.0319. Consider buys on on a close above 1.0319 for a push to 1.0358 break of which suggests a reversal for 1.0384. Stops should be placed below the patterns low. Learn more about the chart patterns and how to recognize them in our Learning Center:

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AUDUSD Bullish Harami 4-Hour Chart

AUDUSD Bullish Harami 4-Hour Chart

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Resistance: 1.0319 moderate/1.0358 strong/1.0384 moderate Support: 1.0293 minor/1.0255 minor We have a low level bullish reversal, Bullish Harami in AUDUSD charts. Market is generally bearish while the pattern is just under a moderate resistance at 1.0319. Consider buys on on a close above 1.0319 for a push to 1.0358 break of which suggests a reversal for 1.0384. Stops should be placed below the patterns low. Learn more about the chart patterns and how to recognize them in our Learning Center:

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AUDUSD Bullish Harami 4-Hour Chart

EURUSD "Golden Cross" – and so what?

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Review: Yesterday the Riksbank offered a surprise as it did not lower its interest rate. However, it lowered its interest rate path and pointed out that the likelihood of an interest rate cut over the winter is strong. Hence central bank governor Stefan Ingves succeeded in finding backing for maintaining the rate unchanged. If the interest-rate committee had lowered the rate, Ingves would appear in a very bad light following his statements last week. The question was whether this meeting was a

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EURUSD "Golden Cross" – and so what?

The Bund opened sharply lower yesterday

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EUROSTOXX 50 (Dec 12) INTRADAY Review The Eurostoxx remained confined within a relatively tight range in yesterday’s session amidst mixed macroeconomic data and earnings reports. The index once again lacked in upside momentum throughout yesterday’s trade which prevented our neutral entry short at 2,515 from being reached. This morning the Eurostoxx is opening lower to reflect the effect of the downbeat earnings from Apple last night, with the downside also being driven by the lack of European

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The Bund opened sharply lower yesterday