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Brent crude to hold above $50, Gold facing resistance at $1170, FTSE: Look at the Fibonacci...

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Mike Van Dulken, Head of Research for Accendo Markets, takes a look at USD/JPY, AUD/USD, the equity indices – DAX, FTSE, Dow Jones, and further shares the technical outlook for Gold and oil price. USD/JPY: Dulken believes that the cross is seeing support at 118.50 and remains range-bound, while the markets remain in hope for further stimulus by the Bank of Japan. AUD/USD: The cross had an upside break and is looking to test that support. Dulken expects the cross to hold this support and sees

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