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November 26, 2013

NZD/USD Technical & Fundamental Outlook

NZD/USD has been continuing its bullish trend since Friday after finding a major support around 0.8125-0.8130 region which is 50% fibo level of last major move from 0.7719 to 0.8524. The pair has already surged more than 100 pips since Friday when this bullish trend was triggered. Price action, ...

Asian Session and Breakouts Detection

Forex could be compared to a chess game. You are playing against the market. Who wants to be the winner? I believe that not a single trader is interested in returning money to the market. Allow yourself a bit of patience and wait for the price volatility to take the first move. It is ...