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EUR/USD MAY REMAIN IN UPTREND

Recently published economic data of Eurozone is showing strength and growth in euro zone economy. GDP growth is above expectation so I expect ECB may not extend Quantitative easing beyond 2017. And so EUR/USD may rise to new levels.
TECHNICAL ANALYSIS: EUR/USD is consolidating on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
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USD/JPY MAY TRADE RANGE BOUND

As we know recently published economic data is little below market expectations so market participants as well as Fed Funds future showing there is little possibility of another rate hike in 2017. So I expect USD/JPY to remain in range of 114 to 108.
TECHNICAL ANALYSIS: USD/JPY is consolidating on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
[list][/list]…
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AUD/JPY MAY RISE AFTER CORRECTION

Recently published economic data of Australia is showing good economic growth but Reserve Bank oF Australia maintaining a cautious look but if dta shows strong growth obviously they will need to hike interest rates. So I expect AUD/JPY to rise.
TECHNICAL ANALYSIS: AUD/JPY is uptrend on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
[list][/list]…
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AUD/CHF MAY RISE TO NEXT RESISTANCE

Recently published economic data of Australia is showing good economic growth but Reserve Bank oF Australia maintaining a cautious look but if dta shows strong growth obviously they will need to hike interest rates. And Swiss National Bank keeping interest rates at low to help growth and inflation by keeping currency at low level. So I expect AUD/CHF to rise.
TECHNICAL ANALYSIS: AUD/CHF is uptrend on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, COMMODITY CHANNEL INDEX CCI, MACD, FIBONAC…
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AUD/CAD MAY HAVE SOME RETRACEMENT FROM LOWER LEVELS.

Recently published economic data of Australia is showing good economic growth but Reserve Bank oF Australia maintaining a cautious look but if dta shows strong growth obviously they will need to hike interest rates. Bank Of Canada unexpectedly rose interate rate in September meeting.So AUD/CAD is in downtrend. As it is reaching its next support I expect a retracement from that level.
TECHNICAL ANALYSIS: AUD/CAD is downtrend on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, COMMODITY CHANN…
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EUR/NZD MAY SEE SOME FURTHER GROWTH

Recently published economic data of Eurozone is showing strength and growth in euro zone economy. GDP growth is above expectation so I expect ECB may not extend Quantitative easing beyond 2017. And so EUR/NZD may rise to new levels.
TECHNICAL ANALYSIS: EUR/NZD is in uptrend on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
[list][/list]…
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