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Homebuilder Confidence Falls in April

edlivre Posted 18 Apr  in #Dukascopy #Forex Daily #Forex Contest #Forex Trading Strategy #Forex Risk #Forex News #Tradersblog
The NAHB/Wells Fargo Housing Market Index fell 3 points in April as all components declined on the month. Despite the dip, the index remains at a level consistent with continued gains in new home construction.
Despite Dip, Sentiment Remains Solid

After hitting a fresh cycle-high in March, the NAHB Housing Market Index (HMI) fell 3 points in April to 68. All three HMI components edged lower on the month. The current sales and expected sales measures each fell 3 points.
Despite the pull-back, con…
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Trade Idea- For USDSGD The Weekly Trading

mentorbd Posted 26 Set as Analysis on USD/SGD, Target: 1.4150, Date: 2 di Novembre, 12:00 GMT  in #Technical analysis #USD/SGD #Forex Daily #Forex System #Forex Trading #Usdsgd #Forex Trading Strategy
There’s a chart that stands out – USD/SGD. The pair is at five year highs (USD lows). There is a double top formation, respecting big figure resistance at 1.4300. The resistance point coincides with a Fibonacci Method 100% touch and reversion. Any one of these three factors might signal a sell trade – the combination of the three sets bells.
Selling at current levels, Stop loss with clear of 1.43255 , traders may consider a number of targets. The Fibonacci methods 61.8% reversion suggests a poin…
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EURCAD Breaks Resistance Target Upside trading

mentorbd Posted 12 Lug as Analysis on EUR/CAD, Target: 1.4212, Date: 1 di Settembre, 12:00 GMT  in #Technical analysis #Forex #Forecast #EUR/CAD #Forex System #Forex Trading Strategy
Here are two Chart as below as
Euro pair we have been tracking since late May is EURCAD. Although the inverse head and shoulder pattern has taken a few hits recently from the weekly gaps, the pattern (surprisingly) remains intact.
In fact the reversal pattern was confirmed by the rally on June 2nd, however with trend line resistance from 2015 just above we were waiting for a clearer breakout opportunity. Yesterday’s price action appears to have produced such an opportunity.
Although not nearly a…
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