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GBP/USD

kingkong Posted 16 June
The pair rebounded to the upside, taking advantage of the 1.2700 support level, which tested the resistance at 1.2780, on the technical side. With the resistance below the mentioned resistance, which meets the SMA 50 days and the technical structure shown on the chart, Retest 1.2700 keeping in mind that a break of 1.2680 extends the pair losses and paves the way for a visit to 1.2600 and to achieve the suggested scenario should not break the 12810.
Support levels: 1.2705 -1.2645- 1.2600
Resistan…
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USD/CAD Canadian tries positively

kingkong Posted 16 June
The pair managed to achieve the expected positive outlook during previous attempts to re-test the previously breached support 1.3300 recording the highest 1.3380, on the technical side today the stability of the intraday trading above 1.3220 - 1.3210 as the pair continues to receive positive signals from the RSI and gaining momentum, We maintain our positive expectations, targeting 1.3300 and breaching it to open the way towards 1.3350, just below the trading below 1.3200, leading the pair to th…
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USD/JPY

kingkong Posted 16 June
The pair provided positive trading during the early trading session for the current session within the expected technical outlook for the second retesting target at 110.30 recording the highest of 111.37 from today's technical analysis. Despite the overbought intraday buying on Stochastic, RSI is defending Further rally to visit 111.70 first target extended to 112.00 taking into account that the return of stability of trading below 110.20 will stop the proposed scenario completely and lead the p…
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