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Ali B.

Live Webinar Speaker & Derivatives (Forex, Commodities, and Indices) Analyst with the broad range of skills for evaluating financial data. Expert in investment trends, technical analysis, fundamental analysis, market sentiments, and trading psychology.

GBP/USD Bounce off Support – Quick Buy Signal!

Key Resistance Levels: 1.4084, 1.4118, 1.4158 Key Support Levels: 1.4009, 1.3970, 1.3935 Daily Chart: The GBP/USD pair is trading strongly bullish at 1.4103 level after closing a shooting star candle at 1.4050 level. Closing of the candle above 1.4015 level is suggesting odds of bullish trend continuation in Sterling. Previously, the same trading level of 1.4015 was working as a …

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USD/JPY Sideways Channel in Focus – Buckle Up for Breakout!

Key Resistance Levels: 109.75, 110.02, 110.44 Key Support Levels: 108.89, 108.62, 108.19 Daily Chart: The USD/JPY is trading bullish at 109.550 level, maintaining a tight trading range of 109.829 – 109.400 level. The safe-haven currency pair USD/JPY is facing immediate resistance at 109.820 along with a support level of 109.400. The recent formation of series of Doji and Shooting Star …

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GBP/USD Sideways Range Intact- Brace to Trade Breakout!

Key Resistance Levels: 1.4171, 1.4200, 1.4234 Key Support Levels: 1.4107, 1.4074, 1.4044 Daily Chart: The GBP/USD pair is trading at 1.4136 level and it seems to close a Doji candle on the daily timeframe. As we can see, the Doji candle will be followed by a solid upward channel and if this happens, we may have a bearish correction in …

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EUR/GBP Enters Oversold Zone – Let’s Capture Fibo Retracement!

Key Resistance Levels: 0.8661, 0.8738, 0.8775 Key Support Levels: 0.8547, 0.8510, 0.8433 Daily Chart: The EUR/GBP pair has violated an ascending triangle pattern that was supporting the forex cross around 0.8625 level on the daily timeframe. For now, the same trading level of 0.8625 is likely to work as a resistance. Therefore, our initial target for a buy signal is …

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