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TECHNICAL ANALYSIS ON USD/JPY

USD/JPY is in downtrend after making high of 118.60 this year. After US Presidential elections lot of expectations generated related to tax reforms and more rate hikes. But recent US economy is passing through transition phase and Fed will wait for more strong economic growth for further rate hike.
TECHNICAL INDICATORS: STOCHASTIC MOMENTUM INDICATOR, TREND LINES, FIBONACCI RETRACEMENTS.
CHARTS: WEEKLY AND MONTHLY CHART
WEEKLY CHART: Its next resistance is at 111.576. Support levels are 107.195.
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GOLD POSSIBILITY OF UPTREND

Gold has lifetime high around 1900-1940. Last year it has made high around 1400. After touching low around 1100. It has started uptrend again. Trend line suggests it has break the range and may start uptrend.
TECHNICAL INDICATORS: STOCHASTIC MOMENTUM INDICATOR, TREND LINES, FIBONACCI RETRACEMENTS.
CHARTS: WEEKLY AND MONTHLY CHART
WEEKLY CHART: Its next resistance is at 1380. Support levels are 1291.
MONTHLY CHART:
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GERMAN INDEX POSSIBILITY OF UPTREND

German economy doing good. Last year it has made high around 12950 and after that consolidation there was correction it it. Now again it has started uptrend. Elections are there in Germany and after election I expect it to try to touch previous high so my target is 12720.
TECHNICAL INDICATORS: STOCHASTIC MOMENTUM INDICATOR, TREND LINES, FIBONACCI RETRACEMENTS.
CHARTS: WEEKLY AND MONTHLY CHART
WEEKLY CHART: Its next resistance is at 12950. Support levels are around 12000.
MONTHLY CHART:
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SGD/JPY POSSIBILITY OF UPTREND

SGD/JPY has lifetime high around 92.80. After that it went into downtrend, There was double top formation around 72.400. After that it started uptrend. Now after correction last week it is rising again. Its next resistance is around 85.00. I expect it will touch that.
TECHNICAL INDICATORS: STOCHASTIC MOMENTUM INDICATOR, TREND LINES, FIBONACCI RETRACEMENTS.
CHARTS: WEEKLY AND MONTHLY CHART
WEEKLY CHART: Its next resistance is at 85.00. Support levels are around 80.100.
MONTHLY CHART:
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