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Market Technical Analysis – EUR/USD, EUR/JPY and Silver

By:
Tomasz Wiśniewski
Updated: Mar 7, 2017, 11:58 UTC

EUR/USD locked inside the sideways trend waiting for a breakout. Most probably we will have to wait till the ECB on Thursday.

Market Snapshot

Video Topics

  • EUR/USD locked inside the sideways trend waiting for a breakout. Most probably we will have to wait till the ECB on Thursday.
  • EUR/JPY in a slightly better sentiment with a price touching important resistance after a strong upswing. Wedge and iH&S support the buy signal.
  • Silver with a heavy pressure on the trendline. This creates a good opportunity for a short term sellers but the long-term sentiment remains positive. At least as long as we stay above the 38.2% Fibonacci.

About the Author

During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.

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