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Technical Analysis
SUNBIRD Daily Technical Analysis
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[QUOTE="SunBird, post: 62465, member: 30723"] [B]Daily Analysis 2014-05-05[/B] [B]EURUSD[/B] showed its strength last Friday. Following the release of the NFP, the pair tumbled to the past (20) EMA and quickly rose back. This week we may see new highs. [B]NZDUSD[/B] is trading at the 0.8660 resistance point and may fall down to the 0.86 support level. [B]GBPJPY[/B] is at 171.97, just above the 20 EMA, where it may find support. [B]CRUDE OIL[/B] is at a BUY point at 99.35, and may reach 100 today. It is getting support from the 200 EMA and its possible that the commodity found its bottom in this area. [B]GOLD[/B] is back above the 1300 mark. For the short term, we are expecting more movement sideways before any trend will reveal itself. [B]Economic Calendar[/B] 17:00 - ISM Non-Manufacturing PMI (USD) [/QUOTE]
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