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EURUSD TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: DAILY AND WEEKLY
I expect the bullish price action to continue this Q2 up till the 100% extension of the move marked out, that is 1.1135 - 1.1150 handle. With the price above the tenkan sen on the weekly and daily price charts, bears stand a little chance in the grand scheme of things. Moreover, weekly compression signals a temporary correction to the upside.
WEEKLY CHART:
DAILY CHART:
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EURJPY TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: WEEKLY AND MONTHLY
Monthly price action confirms a fake cloud break out, with April closing candle looking very bullish. The 100% extension on the the last swing indicated on chart below (128 - 129 handle) is a possible price target this Q2.
WEEKLY CHART:
MONTHLY CHART:
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GBPJPY TECHNICAL OUTLOOK

INDICATORS: ICHIMOKU
CHARTS: WEEKLY AND MONTHLY
Failure of price to drop lower from the cloud on the weekly chart, suggest bullish continuation to the top of the cloud and a possible break above. The 100% extension (152 - 153 handle)of the marked region on the chart below would be a likely target for this run up.
On the monthly chart, the last month candle suggest good bullish pressure also.
WEEKLY CHART:
MONTHLY CHART:
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GBPUSD OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: DAILY & WEEKLY
Current bullish conditions for the cable does not give signs of any slow downs. Possible target for this pair would be the 161.8% expansion (1.3 - 1.35 handle) of the projected pivot points in the charts below.
DAILY CHART:
WEEKLY CHART:
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NZDUSD TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: WEEKLY AND DAILY
This pair has been under pressure since February and this is like to continue. From the daily chart below, the pair has always put in lower lows and lower highs and the 100% fib expansion (0.66ish) of the weekly chart below might be a likely target for Q2. To support this, from the weekly chart, we just had a cloud break to the downside, with price trading well below the tenkan-sen and the kijun-sen lines.
WEEKLY CHART:
DAILY CHART:
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USDCHF TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHART: WEEKLY AND MONTHLY
With price closing below the cloud in the weekly TF, I expect further expansion to the downside targeting the .94 handle. Every component of the ichimoku system supports this which indicates strong bearish pressure. Although price is currently been supported at the tenkan-sen, I still expect the chikou-span to find support on top of the cloud which is further down @ the .935 handle.
WEEKLY CHART:
MONTHLY CHART:
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USDJPY TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: DAILY AND WEEKLY
From the daily chart below, the currently of price above the cloud, suggests a bearish scenario. The weekly signal is a bearish cross with a possible target to 107 handle and below.
WEEKLY CHART:
DAILY CHART:
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GOLD TECHNICAL PREDICTION

INDICATOR: ICHIMOKU
CHART: MONTHLY AND WEEKLY
The weekly close of the chart below close a strong bullish tone, which I don't think is slowing down any time soon until the previous high is taken. Price is strongly supported by the trend line in the weekly chart, with a bullish cross inside the cloud (strong buy). I expect price to pierce the cloud in the monthly chart, targeting the 61.8% fib extension of the market out level..
WEEKLY CHART:
MONTHLY CHART:
DAILY CHART:
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AUDUSD TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: WEEKLY AND DAILY
Price unable to break the cloud in the weekly chart suggest bear weakness and a bullish tone. Although price has been ranging, I suggest a bullish PA target the 0.76 - 0.77 handle. The future kumo supports this a there is no cloud twist yet.
DAILY CHART:
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SILVER TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: WEEKLY AND DAILY
Suppose the bullish trendline on both TF's hold, I expect price to revisit the 18.00 handle and higher. The week ichimoku configuration is still bullish as the chikou-span has not yet broken below the kumo. Although, the PA has been earlier bearish, the bounce on the TL suggest a reversal or if not, a temporal low.
WEEKLY CHART:
DAILY CHART:
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EURGBP TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHART: DAILY AND MONTHLY
Both charts below display a strong bullish PA. Both prices are above the kumo with tenkan-sen on a bullish cross which will likely target 0.875 - 0.88 handle which was a previous daily resistance.
MONTHLY CHART:
DAILY CHART:
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