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PoundDollar Analysis and forcasting :)

Pound/Dollar has been calmer than usual, walking in a total range of 55 pips and attracting 24% less than typical funds. Neutral sentiment of the traders is 3% long. Both the calm trading and the narrow price movement range are limiting factors.
Dollar/Yen rose early in the day and the pair stood point 27% in the green at 12 o’clock. Turnover is high and neutral sentiment of the traders is 1% short. Early jump has provided solid profit opportunities for those who were long.
Pound/Yen has gaine…
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USDCAD and the opportunities

The USD/CAD pair had a volatile and choppy session on Thursday, as we continue to trade just below the 1.35 handle. The one thing that I would point out is that we recently have seen a little bit of a bullish move, and it looks as if the buyers underneath are still rather stringent. I believe that today’s jobs number will be highly influential in this market, and if we can break above the 1.3525 level, the market could continue to go to the 1.3575 level above. We also have the oil markets moving…
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USDJPY Overview for today

The USD/JPY pair is traditionally where most currency traders get involved and express an opinion on the jobs number. The better the jobs number, the better the USD/JPY pair tends to behave. I believe that breaking above the 112 level was significant, so I prefer the upside and I believe that a break above the 113 level will send this market looking for the 115 level which is the top of the previous consolidation area. That is the longer-term plans far as I can see, but I also recognize that the…
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