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EURUSD UP TREND NEXT MONTH

The EUR/USD has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the EUR/USD to
rally higher and back into its horizontal resistance zone which is
marked in red.
Current Level :1.1325
EUR/USD is actually at strong bullish trend.
Pair has low volatility with average range about 300 to 600 points.
Pair was much stronger than second la…
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GBPUSD UP MOVE NEXT MONTH

The GBP/USD has corrected sharply after trading inside its horizontal as visible in this daily chart
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the GBP/USD to
rally higher and back into its horizontal resistance zone which is
marked in red.
Current Level :1.4599
GBP/USD is actually at strong bullish trend.
Pair has low volatility with average range about 300 to 500 points.
Pair was much stronger than second last few…
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USDJPY UP TREND NEXT MONTH

The USDJPY has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the USDJPY to
rally higher and back into its horizontal resistance zone which is
marked in red.
Current Level :111.19
USDJPY is actually at strong bullish trend.
Pair has low volatility with average range about 115 to 200 points.
Pair was much stronger than second last …
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Gold down Trend

From the technical viewpoint, the metal could head lower if prices breach 20-SMA in the 4 hours chart. The daily RSI is falling from the overbought. On the other hand, important intraday support is located at the $1208/10 level, followed by the $1199/1200 levels
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OIL MOVE UP TREND

News that US output has begun to decrease have sparked hopes that the worldwide glut will begin to ease sooner than later, Oil's recovery was underpinned by generalized dollar's weakness, and the daily chart supports some additional advances, whilst the 20 SMA has accelerated its advance, and currently stands at 45.70 In the same chart, the RSI indicator maintains its upward slope around 50, although the Momentum indicator diverges lower within positive territory. In the 4 hours chart, the techn…
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EURJPY UP TREND NEXT WEEK

The EUR.JPY has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the EUR/JPY to
rally higher and back into its horizontal resistance zone which is
marked in red.
Indicators: MACD RSI
MACD indicates that momentum is improving, but it remains in bearish
territory. We expect the histogram as well as moving average to approach
the cente…
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AUD DOWN MOVE FEW DAYS

The AUD/USD has rallied strongly as visible in this daily chart (4H). This currency pair has formed a
rising wedge formation which is a reversal pattern and marked by red
lines in the above chart. We expect the AUD/USD to correct back down
into its horizontal support zone which is marked in blue. The current
horizontal support zone is a very important one as it used to be a
strong resistance zone and heavy trading around those levels should be
expected.
Indicators: MACD RSI
MACD shows strong mom
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USDCAD UP MOVE

The USD/CAD has corrected sharply after trading inside its horizontal as visible in this daily chart This currency pair is now trading inside its horizontal support level which is marked in blue in the above chart. We expect the USD/CAD to rally higher and back into its horizontal resistance zone which is marked in red.
Indicators: MACD RSI
MACD indicates that momentum is improving, but it remains in bearish territory. We expect the histogram as well as moving average to approach the centerline …
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USDCHAF DOWN TREND

The USDCHF has rallied strongly as visible in this daily chart (4H). This currency pair has formed a
rising wedge formation which is a reversal pattern and marked by red
lines in the above chart. We expect the USDCHF to correct back down
into its horizontal support zone which is marked in blue. The current
horizontal support zone is a very important one as it used to be a
strong resistance zone and heavy trading around those levels should be
expected.
Indicators: MACD RSI
MACD shows strong momen
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