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Forex market reviews

27 December 2017

Market sessions

Tomasz Wisniewski

Daily analytical report (27/12/17)

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Last Wednesday of the year brings us quite interesting trading setups. First one is Cable, GBPUSD, where the price is pushing higher. Buyers are supported by the long-term upwards trend line and the wedge formation. Actually, the upper line of the wedge has already been broken, so buy signal is behind the corner. To be safe traders can wait with their decision until the breakout of Friday's highs.
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26 December 2017

Videos

Tomasz Wisniewski

Daily Analytical Report. 26.12.2017

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The last week in 2017 we start with the continuation of the mid-term trends. First, we start with the EURUSD, which is using a fourth flag in a row to create another bullish upswing. The target for now is the line connecting recent crucial lower highs, which makes it a decent opportunity for swing traders.
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