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NZDCHF testing 100 MMA

Monthly chart
Weekly chart
This pair is testing key 100 monthly moving average. You can see that this level has acted as a big obstacle in the past so be aware. The pair will be supported by 200 WMA below. Buy on dips.
Support: 0.7150; 0.7050
Resistance: 0.7250; 0.7350
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NZDUSD struggling at highs

Monthly chart
Weekly chart
The pair is testing 100 monthly moving average while being above 200 weekly. Watch for the price to fail here and retrace towards low 0.70s. Sell on rallies.
Support: 0.7380; 0.7260
Resistance: 0.7480; 0.7650
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SGDJPY - looking for a retracement

Monthly chart
Weekly chart
Another pair NZD/XXX looking bearish on a monthly chart. Failed at the key horizontal resistance together with 200 weekly MMA. Look for dips to be bought at the trend line support.
Support: 0.8030; 0.7900
Resistance: 0.8100; 0.8200
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AUDCAD bounces off of a support


The monthly chart shows that we are still consolidating within the triangle pattern. On the other side, the weekly chart shows that we have bounced off of a support (trend line + 100 WMA) and we should expect to see the higher prices from here. Look for 61.8% to be the major resistance.
Support: 0.9900; 0.9800
Resistance: 1.0090; 1.0200
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AUDCHF vulnerable to any risk-on moves


AUDCHF is in the ascending triangle pattern as it can be seen on the monthly chart. The move above 0.78 would signal major bullish turn. On the weekly chart, the pair is bouncing off of a trend line support but is currently held by 200 WMA.
This pair is usually very vulnerable to any risk-on sentiment so beware.
Support: 0.7500; 0.7400
Resistance: 0.7750; 0.7850
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USDCHF trying to get above the water


USDCHF has had a poor run recently. The pair has come down rapidly from the heights and is currently testing major support in the range of 0.9500 - 0.9550. It also hovering around 100 MMA. If we can get the price to react to this important support level than it looks good for a bigger bounce.
Support: 0.9500; 0.9350
Resistance: 0.9600; 0.9800
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AUDSGD retracing from the highs

monthly chart
weekly chart
This pair has pushed higher for a couple of weeks and it seems that it is retracing. The support should come in the level of trend line as well as 23.6% previous resistance now support on a monthly chart.
Support: 1.0630; 1.0500
Resistance: 1.0900; 1.1000
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CADCHF pushing higher

monthly chart
weekly chart
One the many charts that looks very similar for the CHF pairs. The pair has pushed higher recently but it got rejected at 200 WMA and a big horizontal resistance from 0.7650 to 0.7800. I expect a retrace from these levels to test the 100 WMA at 0.74500. Be aware if we get any risk-on sentiment than this pair will be hit hard.
Support: 0.7600; 0.74500
Resistance: 0.77200; 0.7800
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CHFJPY grinding higher

monthly chart weekly chart
The ultimate "risk" pair has finally started to move around. The pair has bounced off of a 100 WMA support and is pushing higher towards 200 WMA. It also has diagonal trend line to add to resistance around 117.00
Support: 114.00, 113.00
Resistance: 115.50, 118.00
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CHFSGD pushing higher

monthly
weekly
CHFSGD is extremely choppy. The pair continues to consolidate around 1.400 level and is currently keeping above both 100 and 200 WMA in addition to trend line support. We may see a push to higher levels around 1.4400 if this big 1.40 doesnt give in.
Support: 1.4080, 1.3950
Resistance: 1.4200, 1.4400
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NZDchf suffers big losses

monthly chart
weekly chart
One of the biggest losers this month is NZDCHF. The pair that is very sensitive to any risk-on sentiment has suffered a lot and it is now testing 100 WMA and trend line support. We may see a bounce and will test 200 WMA as a resistance. Watch for any risk-on or off sentiment for more clues.
Support: 0.6900; 0.6800
Resistance: 0.7070; 0.7200
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NZDCAD to test huge monthly support

monthly chart
weekly chart
The pair is looking to test major monthly support around 0.8900 level. Trend line support and 61.8 Fibonacci support will be tough one to crack for the bear. Look for a bounce off of this level and a re-test of 0.9150 100 WMA level.
Support: 0.8900, 0.8800
Resistance: 0.9000, 0.9150
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CHFJPY continue to recover

As it can be seen on the monthly chart below, the pair is still recovering from the January 2015 fall. The big red candle from July hampered bigger recovery but look for the slow ascending from these levels.
The weekly chart on the other hand shows that there is plenty of resistance approaching. 200 WMA is a big resistance as well as 50% Fibo level. Furthermore, watch out for the descending trend line from the top.
The ultimate risk pair is trading sideways. Depends mainly what happens with yen …
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AUDCAD tanking

Monthly chart shows us that we have a red candle that will put additional pressure on the bulls next month. The CAD enjoyed another good month and aussie couldnt keep up with the pressure.
Weekly chart below shows that we have started to stage a recovery in this pair after bearish BoC statement. We were also supported by the 100 and 200 weekly moving average and we may expect another slight push upside before continuing downside move.
The oil will have a big say in where we go next in this pair…
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AUDCHF breaks above the trendline

The monthly chart below shows that we have managed to break the trendline that acted as resistance and we are also closing on the monthly basis above it.
The weekly chart shows the consolidation above the trendline and 200 WMA. The pair is now in a slightly bullish mode and you can expect some gains in the coming weeks.
We expect more gains but attention to the risk off mode on the North Korea threats. This pair is extremely sensitive and one day trading in the risk off mode may erase gains made…
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CADCHF trading higher

One of the pairs that has more interesting picture on the bigger timeframes. After almost three years of trading within the box from 0.68 to 0.78 we are now breaking higher. We have touched 55 MMA and have rejected that level.
The weekly chart shows similar pictures and that RSI has been moving higher that is also reflected in the chart.We are now comfortably above all three moving averages but have been rejected from the 61.8% key resistance. We may revisit 200 WMA and look for the support befo…
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AUDCAD

As it can be seen on the monthly chart below, the AUDCAD continues to push lower after it failed to pass the 1.02 resistance. The price was rejected and now we are approaching support of the triangle.
The weekly chart gives us more detailed information about price action. The price is coming down to test big 0.9600 confluence of support and we are expecting a reaction from this level. Watch for another return to 0.98-1.00 levels in the mid-term.
Our target is at 0.9811 due to the expected react…
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AUDCHF looking for more gains

AUDCHF is caught in between weak AUD and weak CHF. Both currencies are depreciating against the USD and the cross pair is trading sideways.
However, we expect the AUD to recover faster against USD than CHF due to normalization of relations between North and South Korea. The weekly chart is progressing nicely towards the first target area (in green).
We are currently above the trend line and 100 DMA and approaching both 200 DMA and a falling trend line. We expect more gains for this pair.
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AUDNZD trading sideways

As many other AUD/XXX charts, this pair is struggling to make any gains due to falling AUD currency. As it can be seen on the weekly chart. the pair has retraced and touched triangle support around 1.05.
Currently, we are recovering from this fall and approaching key resistance - 100 and 200 daily moving average. If passed, expect another test of the triangle resistance.
We expect the price to recover more in the coming weeks and another test of the green horizontal box of support/resistance c…
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CADCHF continuing higher

CADCHF is pushing through minor resistance areas as CHF continues to retreat against almost all major currencies. Better risk appetite is resulting in both CHF and JPY to retreat and CAD is also taking advantage of this situation.
The pink box continues to trap the price action as we trade sideways for more than a year now. With a better risk appetite, traders may start to think about break out of the box to the upside.
AS it can be seen on the daily chart, we continue to push higher and we are …
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