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Business / Finance

No. 94. Analysis of gold, oil and major Forex 21-25.08.2017

MQL5: Blogs Traders 19.08.2017 at 20:29

Blogs traders and analyst of financial markets

When the market is closed on Friday 18 August to reverse a currency pair quotation USDCHF the price has tested the balance the greatest probable profits of the market maker on previously sold weekly option contracts, fixating below the level of the notional "balance of market".

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When drawing the targets of profit taking by market-maker at the earlier open transactions on sale from the high of the previous trading week we received a lower level of 4% of sellers as of the closing of U.S. stock exchanges, which is further confirmation of the probable continued decrease of USDCHF with the target lock in profits, area 8% of sales, which is located in the price 0,9662 - 0,9543.

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