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USDCAD reversal from Fibo 50%, has confirmed in weeklychart!

Hi community,
I want to share my technical view about pair USDCAD at least to 1st of July. I think that it would be a swing ahead. Let's wait and see!
Background: Fundamental data and market sentiment remains slight bearish. Canada's core CPI has improved slightly and net CAD position was flat. Meanwhile the monthly chart shows price retraces from Fibonacci 50% level.
1. Weekly chart: This is nice weekly chart for short opportunity. My target at least to 1.065 level. The media line was broken, d…
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USDJPY major trend reversal?

My technical view about the pair USDJPY on 1st of July.
Background: U.S economy shows improvement, FED continues to taper each meetings but U.S 10 years yield was lower. Meanwhile sale tax rose, the Nikkei reduced and JPY long position increased! The pair hit decreasing long-tern trend line at 105.4 from late of 2013, the pair is consolidating from there, now the pair is in a narrow range! A break is expected?
1. Weekly chart shows narrow range and some bearish signal. A break 100.8~101.5 area c…
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CADHKD pull back to the trendline, Inverted HAS in Dailychart

Hi community,
I want to share my technical view about the pair CADHKD. I think that it would be a nice chart to trade in coming weeks.
Background: Fundamental data and market sentiment remains slight bearish for CAD. Canada's core CPI has improved and net CAD position was flat. CAD may be accumulating momentum for next swings
1. Weekly chart: The pair went far from the trend line. So it's time for pull back. I think that a break to upside confirmed and the target should be next supply zone 7.23 …
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Lazy pair EURGBP is going into crowded area

Dear community,
It seems that the lazy pair EURGBP was taken 0.816 support level. So it should be more downside for this pair but I think that the pair is going into another crowded area. Let's see some charts below and give me your opinion
Fundamental: We see opposite direction for EUR vs GBP. U.K economy is so strength and continue to support for GBP. Meanwhile market is expecting new action from ECB in June, so it put pressure on EUR.
1. Monthly chart: I see sell pressure in the chart. Target…
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AUDCAD bearish slightly in consolidation period ahead???

I'm interested in commodity dollar and watch closely on them. I want to share my technical view of crossed pair AUDCAD. I expect a consolidation period ahead and price would bearish slightly before go up again. The market sentiment for AUD is neutral and CAD is slight bearish now. Let's see the charts below:
1. Weekly chart: The ABCD pattern completed and now it's time to consolidate. Strong resistance is around 1.035 and strong support area around 1.005 level. more detail in daily chart!
2. Dai…
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CADCHF inverted HAS confirmed

1. Weekly chart: Middle-term trend line was taken. It could be signal for more upside.
2. Daily chart: Inverted HAS pattern completed and confirmed. I see some resistance and support level on the chart. And next pattern could be cup and hand.
Target: 0.838 on 1st of July!
Thanks,
Haynes
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EURJPY break the rising trendline since June of last year

Background: This analysis base on price action, trend line and support/resistance level in weekly and daily charts. Let's see the charts below and give me your ideas.
1. Weekly chart: The rising trend line since June of 2013 was break and closed price below the trend line. It confirms that price should move down continually and target may be in demand zone 136.25 ~ 137. Bears have accumulated enough power, so scope for upside is restrict.
2. Daily chart: I see a temporary support level around 13…
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GBPJPY - major reversal

Background: This analysis base on price action, trend line, support/resistance level and ascending triangle in weekly and daily charts. Let's see the charts below!
1. Weekly chart: Weekly chart shows ascending triangle in a up trend and the consolidation period just ended. A break the rising trend should be signal for reversal in Daily chart.
2. Daily chart: Ascending triangle has just break and we can see more downside of this pair. The next support level are 169.5; 168 and 164 and strong resis…
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AUDNZD Bullish slightly since double bottom form completed

1. Weekly chart: The pair has moved out of the down channel. Price has been moving in range 1.05~1.09 since December 2013. The double bottom formed and there is now possibility that the pair will go up slightly. Next target area could be 1.12?
2. Daily chart: After double bottom formed, there is possibility of Inverted HAS pattern ahead. I see some support level at 1.075; 1.065 and 1.05. And resistance level at 1.092; 1.1 and 1.12.
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AUDJPY - Opposite sentiment for AUD and JPY in June

Background: AUD sentiment is bearish and JPY sentiment is bullish in my view. So this pair could be a nice crossed pair to trade in next month.
Used Indicators: Zigzag, EMA100, EMA200, Fibonacci. Otherwise I used trend line, trend continuation pattern.
1. Weekly chart: I think that this pair is in consolidation period in major down trend. So the pair could back to the down trend. The pair can go back to the moving average.
2. Daily chart: The value area for next month could be between 92.5 and 9…
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GBPAUD continues to go down to 1.763???

1. Monthly chart: shows this pair is still in a rising channel. So I think medium-term target could be 2.0 level, It's also Fibonacci 50% level in monthly chart. May be the pair is in a correction process and short-term target could be around 1.76 level.
2. Weekly chart: weekly chart shows the pair is in wave 4 and prepare to start wave 5 for medium-term target 2.0 level. I think wave 4 can finish soon and I will watch closely on 1.76 level.
3. Daily chart show supply zone around 0.83 and deman…
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AUDUSD will visit 0.95 before fall down 0.9???

1. Weekly chart: I think that major down trend since April 2013 need at least one more down leg to complete before major trend change, And now question is when price start falling? 0.95; 0.96 or even 0.98? First I will watch closely on 0.95 level
2. Daily chart: The key support 0.92 still hold. So it could be signal for more upside. And supply zone area is 0.945~0.95. A break above this area could be a signal for go up even to 0.97. Meanwhile break below 0.92 would be signal go down to 0.9 leve…
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AUDCHF is in a rising wedge???

1. Weekly chart: Rising wedge in major downtrend, so I think the down trend can continue! but the correction process can take a few weeks
2. Daily chart: Support level at 0.82 and 0.812. Resistance level at 0.84 and 0.85. Correction period can take a few week before back to the major down trend.
My target: 0.8415 on 1st of July
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GBPUSD visit 1.7 again?

1. Weekly chart: Shooting star candle and some bearish candles confirm that the pair GBPUSD is correcting now. How deep the correction? I see some support level at 1.666; 1.655; 1.646. So I will watch closely on these level.
2. Daily chart: Major trend is up and this pair is in correction process now. If 1.666 hold, this pair can rally up to 1.7 quickly or 1.666 broken, the next support is 1.655 and bounce from there. There is a little chance to break 1.655 to visit 1.646 level.
My target: 1.687…
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