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EURUSD DOWN

EUR/USD formed an (bearish) outside day pattern yesterday and momentum has turned bearish. Hence, we see a deeper dip to 1.1450 Above 1.1375 needed to question immediate downside.
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GBPUSD DOWN TREND

The Pound traded on a stronger footing against the US Dollar in the prior session and surpassed its psychological 1.3900 for the first time since June 2016, as investors remained confident over a soft exit of UK from the European Union. At present, the pair is trading with a mildly negative bias on the 1H chart, indicating at a bearish technical outlook. Besides, the MACD indicator is sharply pointing downwards, further supporting the above view. Meanwhile, traders would eye UK’s inflation data,…
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USDJPY UP TREND

The US Dollar continued its downtrend against the Yen in the previous session and marked its lowest level since mid-September 2016 at 110.33. As of now, the pair is trading in an upward trending channel on the 1H chart, after the data released in Japan showed a more-than-expected drop in the producer price index In addition, the MACD indicator has recently witnessed a centreline crossover to trade into positive zone, further validating the above stance. The key technical obstacle is situated at …
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EURUSD DOWN TREND NEXT FEW WEEK

EURUSD managed to head to test 1.2635/72 zone which will consider the resistance zone for the coming short-run as long as market holding trades with daily close below this zone , the downtrend pressure will sustain over market for another dip toward 1.2450above 1.2570 with adaily close will set more advance over market toward 1.2650/12740
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GBPUSD DOWN

GBPUSD managed to head to test 1.4200/.4350 zone which will consider the resistance zone for the coming short-run as long as market holding trades with daily close below this zone , the downtrend pressure will sustain over market for another dip toward 1.3900
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USDJPY DOWN

USDJPY managed to head to test 106.05-107.50 zone which will consider the resistance zone for the coming short-run as long as market holding trades with daily close below this zone , the downtrend pressure will sustain over market for another dip toward 103.50
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EURUSD UP MOVE

EUR/USD is bouncing from 1.2245 (base of the bear channel) and MACD is giving mixed signals. Hence, we expect a further bounce towards 1.2440. Below the bear channel to avert upside.
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GBPUSD UP MOVE

GBP/USD is bouncing from 1.4000 (base of the bear channel) and MACD is giving mixed signals. Hence, we expect a further bounce towards 1.4332. Below the bear channel to avert upside.
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USDJPY UP TREND

[table][/table]USD/JPY support comes in at 105.09, short-term momentum has improved and a head and shoulders bottom is completed. Hence, we may see a rise to 106.74, possibly 107.50. Below 105.09 to open 104.50
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AUDUSD UP TREND

AUD/USD has resistance at .7713 and daily momentum is overly bearish. Hence, we expect a dip to .7653. Above .7713 to open .7740
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EURusd down move

EURUSD managed to head to test 1.2435/72 zone which will consider the resistance zone for the coming short-run as long as market holding trades with daily close below this zone , the downtrend pressure will sustain over market for another dip toward 1.2250 above 1.2170
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GBPusd down move

GBPUSD managed to head to test 1.4350/72 zone which will consider the resistance zone for the coming short-run as long as market holding trades with daily close below this zone , the downtrend pressure will sustain over market for another dip toward 1.4050 above 1.3970
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USDJPY UP MOVE NEXT MONTH

MACD indicator has recently witnessed a centreline crossover to trade into positive zone, further validating the above stance. The key technical obstacle is situated at the 107 level, followed by the 107.60 and 108.50 levels. A break and stability above the latter might reverse the main trend to bullish. Conversely, support is located at the 106.60 level, a breach below which might trigger further weakness in the pair, targeting the next supports at the 106.35 and psychological 105.60 levels.
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AUDUSD UP MOVE NEXT MONTH

MACD indicator has recently witnessed a centreline crossover to trade into positive zone, further validating the above stance. The key technical obstacle is situated at the 0.7780 level, followed by the 0.7810 and 0.7850 levels. A break and stability above the latter might reverse the main trend to bullish. Conversely, support is located at the 0.7720 level, a breach below which might trigger further weakness in the pair, targeting the next supports at the 0.7700 and psychological 0.7640 levels.…
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EURUSD DOWN TREND

EUR/USD formed an (bearish) outside day pattern yesterday and momentum has turned bearish. Hence, we see a deeper dip to 1.1500 Above 1.1450 needed to question immediate downside.
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GBPUSD UP TREND

GBP/USD broke below a key level at 1.3350, a bearish outside day was seen on Thursday and moving averages have turned bearish. Hence, we see a dip back to 1.3200. A break above 1.3278 to question downside
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USDJPY UP TREND

USD/JPY has resistance at 110.97 and momentum is flat. Hence, we see a dip back to the base of the bull channel (109.88). A break above 110.97 to open 111.61
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GBPUSD DOWN NOW

GBP/USD broke below a key level at 1.30000, a bearish outside day was seen on Thursday and moving averages have turned bearish. Hence, we see a dip back to 1.2950. A break above 1.2850 to question downside
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USDJPY UP TREND

USD/JPY has resistance at 113.25 and momentum is flat. Hence, we see a dip back to the base of the bull channel (109.88). A break above 113.97 to open 114.00
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EURUSD DOWN TREND

EUR/USD formed an (bearish) outside day pattern yesterday and momentum has turned bearish. Hence, we see a deeper dip to 1.1500 Above 1.1475 needed to question immediate downside.
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