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The fx pair is in a uptrend and we are after or in the end of a longer correction from which the bulls just begin to come back to the game. Because the longer TFs support and because the todays correction is seem to end LONG position should be taken with the TP of R2. In another case if the correction is may continue than the bulls waited to come back at least above S2 level. And from that point if S2 supports LONG can be taken with the TP of R2 again.
Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.
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Export Credit Guarantee Corporation (ECGC) has deposited a dividend cheque of Rs. 65.00 Cr. in government’s treasury, the commerce ministry said in a tweet.
Commerce Minister Nirmala Sitharaman had a meeting with senior officials to consider the action on strengthening of EXIM Bank and Export Credit Guarantee Corporation.
Export Credit Guarantee Corporation, under the administrative control of commerce ministry, is an export promotion group, exploring to develop the competitiveness of the Indian exporters by providing them with credit insurance covers. ECGC maintains its premium rates at the optimal level.
Read More @ mcrworld.com/ecgc-deposits-dividend-cheque/
Downward momentum is confirmed in USDCAD on a Weekly and Daily time frame. A rally up to previous resistance level and subsequent failure to break through it gives signal to go short if market breaks lower than the bearish candle shown with the red arrow. Stop Loss a few pips higher than the high at the bearish candle, 1.3103 TP first target 1.30765, but ultimately 1.30669
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Discover the dynamic world of trading with the S&P 500 index. It provides an array of opportunities for budding and seasoned traders to profit from market fluctuations. You'll witness how this diversified portfolio of 500 large companies listed on stock exchanges in the United States, p
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The fx pair is in a bigger correction in D TF. In longer distance it has much more percentage to move upward. For now seems to have much more proof than against. The smaller players (H8) are also over a base building and the market at just in the point to break out upward. The only question how far they will go. On H2 some kind of correction is happening. On smaller TF-s it may will be viewable that when it will turn to upward again. This means after the current correction on H2 the new way is UP.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
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The fx pair seems to be in the finish of the correction. After the yesterday move the market chosen a less expected scenario and begin to form one last downswing. Care needed around S1 level because a base building also can happen before the market will head upward again. Until the end of the correction SHORT position can be taken with the TP of S1 for minimum. If S1 will fall than TP will be between S1-S2.
Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #forexsignals #investing #traders #fxtraders #trading #fx
Prism Cement Ltd, an India-based building materials company, whose shareholders have approved its proposal to raise up to Rs. 1250 cr, via Private Placement and the company has been allowed to do so.
Company’s Shareholders through a special resolution allowed the board for making offers to subscribe to secure or unsecured NCDs (non-convertible debentures), the company said in a regulatory filing.
The proposal was accepted in the annual general meeting of the company held earlier this week. Prism Cement Ltd reported a net profit of Rs. 15.65 crore for the quarter ended June 2016 against a net loss of Rs. 14.90 crore in last year.
Total standalone income of the company was slightly lower at Rs. 1,409.61 cr in April-June 2016, from Rs. 1,417.65 cr during the same quarter, last year.
Read More @ mcrworld.com/prism-cement-to-raise-up-to-rs-1250-cr/
EURUSD primary daily trend is down but pair is in short term uptrend on hourly charts. Intra-day high today was in the form of an upthrust so possible that this will hold prices for today. Alternatively short below 1.08527 looking potential run to 1.08073
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GBPUSD 522 POINTS
As analysed the GBPUSD decline was correctly anticipated. The 9.12.2009 is ...
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AUD/USD is in a downtrend, and it is probably going to re-test or exceed its latest low at 0.7095. Technical indicators are confirming the move, so I recommend a short trade, with about 1:3 R:R potential if a trade works and a position is closed at the re-test of the low around S1 price level.
Downward momentum is confirmed in ERUGBP on a Weekly and Daily time. Market has drifted up and bounced off yesterday’s daily highs providing some resistance today. Selling on the breakout of the day’s lows, 0.73523. Stop above the day’s highs, 0.73718 Targeting 1:2 risk:reward which nicely coincides with expected support at yesterday’s lows, 0.73066.
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