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?It is not so important to be right, but how to make money when you are right.? ? Ivan Hoff I remember what happened at one interesting trading conference I attended about 5 months ago. It was an interesting conference indeed. At one stage, the moderator showed us a EURUSD chart (whose dominant tren...

Here?s the market outlook for the week: EURUSD Dominant bias: Bullish This pair rejected the recent southward pull on it, trended upwards and resulted in a confirmed bullish bias. From the support line at 1.3700, this market has moved upwards and it could test the resistance line at 1.3950. Testing ...

Here?s the market outlook for the week: EURUSD Dominant bias: Bearish The pair has remained bearish recently, going downwards slowly and steadily. There is a Bearish Confirmation Pattern in the chart, and with the continuation of the selling pressure, the price would easily test the support line at ...

Here?s the market outlook for the week: EURUSD Dominant bias: Bearish This is a bear market: the Euro weakness is clearly noticeable. With the Bearish Confirmation Pattern in the market, it is normally expected that the trend would continue going downwards, breaking the support line at 1.3700, and r...