Daily Report - 25 February 2015


End of Day Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY, GOLD
( Technical Analysis - STTS )

This end of day report is compiled from our trade setups. 
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► EUR/USD: Exciting! (NOT!) - Price still hovering above 1.1300 static support and contained below the 20 ema acting as dynamic resistance. We remain sidelined.
Technical Recommendation: Stand aside.
                                                         EURUSD - Daily

 
GBP/USD: as discussed yesterday, after the downside fake-out today we got the upside breakout we had predicted. Having gone Long in Aussie and Yen, we stayed out but we hope some of our readers have gone Long.
Technical Recommendation: Upside Breakout as predicted. Should be Long.
                                                         GBPUSD - Daily

 
► AUD/USD: shortly after yesterday's Daily Report, in which we discussed going Long, we issued and STTS Long signal to our subscribers. Today price did break to the upside and closed above the 20 ema.
Technical Recommendation: We are Long.
                                                        AUDUSD - Daily
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► USD/JPY: after yesterday's pin bar fakey we went Short as we believe price will now go and test the lows of the recent range.
Technical Recommendation: We are Short.
                                                         USDJPY - Daily

 
► GOLD: today price attempted a push higher but met with resistance again at the 8 ema, proving that Gold is not yet ready to bounce.
Technical Recommendation: Stand aside. Starting to consider a new Long.
                                                        XAUUSD - Daily

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