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EURo to test the upside in September

Technical Tools

Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
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The pair has been consolidating in the 1.05 - 1.15 range since Q1 2015. It is holding above the long-term trendline drawn off of 1985 and 2000 low…
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Swissie to continue sideways trading

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Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Swissie broke out of 2015 triangle pattern and traded up to the resistance line, drawn off of 2012 and 2015 highs. It then started to carve out a c…
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USD/JPY to remain offered

Technical Tools

Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
The pair has lost more than 2000 pips this year, dropping below 50, 100 and 200 week SMA. The latter was convincingly broken after U.K. voted to l…
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GBP/USD to retrace part of the Brexit decline

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Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
The declining wedge that the Cable has been carving out during the past two years has been pierced on both sides in one of the most volatile weeks …
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Loonie to remain range-bound in September

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Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Loonie started the year with a sharp rally and topped out near 76.4% retracement of the 2002 - 2007 downtrend. The reversal was even more impressiv…
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AUD/USD may surge towards 0.80 in September

Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
January - April rally topped out near the confluence of 38.2% retracement of 2014 - 2016 downswing, 2011 - 2016 support/resistance line and 100 wee…
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Kiwi to continue to rise despite the dovish RBNZ

Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
The pair bottomed in August 2015 and has since been contained in a rising wedge. It has held above 50 week SMA and recently above 100 week SMA while…
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