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yansen
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Everything posted by yansen
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XAUUSD is holding steady around $1650 this morning but off early highs in Asia of $1656.50 after a weaker than expected Chinese PMI
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My XAUUSD levels today: Support 1 1645 Resistance 1 1661 Support 2 1639 Resistance 2 1667 Will look for opportunity to sell at either resistance levels.
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EUR/USD potential 4hour double top forming? Buy orders clustered down at 1.3200/20., sell orders clustered 1.3300/25
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My XAU/USD levels today: Support 1 1655 Resistance 1 1668 Support 2 1651 Resistance 2 1672 Will look for opportunity to sell at either resistance levels.
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EUR/USD pressed into high range yesterday but my strategy is still bearish as long as resistance at 1.3305 is intact the focus remains on the downside. support at 1.3135 ahead of 1.3000, EUR/USD fundamentals: German PPI, Building Permits and Housing Starts in the US today. Also Fed Chairman Ben Bernanke delivers the first in four lectures at George Washington University.
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Gold momentum looking good for 1640.00 daily support after having cleared 1660.00 level. Obsidian, thank you very much for your comments on the XAUUSD. Will wait for 1630.00 to enter a short order.
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ECB Stats today: : €11.8B borrowed in overnight loan facility v €992M prior; €758.8B parked in deposit facility vs. €727.7B prior. EUR/USD fundamentals: Current Account (bln EUR), Italian Industrial Orders and Sales, Euro-Zone Construction Output and most importantly NY Fed Pres Dudley Speaks, so we will wait for comments on additional stimulus.
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XAUUSD possible support around 1645.00 ? What you guys think?
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ECB Stats today: : €1.8B borrowed in overnight loan facility v €14.7B prior; €686.4B parked in deposit facility vs. €816.0B prior. EUR/USD strategy remains the same look for weakness to sell on bounces. Lots of US data and EU Employment Rate announcement today. Rumors are that decent size EUR/USD Sell orders are parked at 1.3090/1.3100
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Fed sounded a bit hawkish on the FOMC and stayed far from hinting to a fresh QE, it may be positive for USD. Quote: “Information received since the Federal Open Market Committee met in January suggests that the economy has been expanding moderately. Labor market conditions have improved further; the unemployment rate has declined notably in recent months but remains elevated.”
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ECB Stats today: €14.7B borrowed in overnight loan facility vs €15.6B prior; €816.0B parked in deposit facility vs. €795.2B prior. EUR/USD strategy will be to look for weakness to sell on bounces. Major fundamentals will be The EU Feb CPI and Jan Industrial production.
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got some descent EUR and USD data out later, nothing concerning for me since im not exposed to either. Busy Calendar today…will see if I can squeeze in.
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3 choices in trading: give up, give in, or give it your all.” Losses happen, learn from them, and also appreciate & enjoy your winners.