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October 20, 2014

EUR/GBP Awaits the Bullish Reversal

The bearish wave that started by the mid of the last week is finding support around 0.7906, the 50% Fibonacci level and the trend line. The price already broke out the support around 0.7923, the 50 SMA. The price is expected to start the second bullish wave around 50% fib level ahead of 0.7850, [Read more...]

Precious Metals: 2008 to 2014 –Volatility Continues

Gone are the days when the precious metals were used as safe-haven investment amid global slowdown that began in 2008. A wide range of factors were responsible for the record rallies in precious metals. Store of Value In 2008, major economies were hit by one of the worst recessions in the [Read more...]