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Linking technical analysis to economic data about a currency AUD/USD

Linking technical analysis to economic data about a currency in a simplified way
US DATA
Last time on the NFP
  • Only 98K jobs were gained, around half the early expectations and half the average of around 200K
  • The report included a downwards revision, which added insult to injury.
  • Wages were up 0.2% m/m and 2.7%, as expected and in general healthy-looking
  • Other: the unemployment rate dropped to 4.5% but without a drop in the participation rate at 63%.
All in all, it was poor on jobs growth but disap…
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EUR/AUD

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Horizontal and vertical lines
Support and resistance lines
Chart PatteN
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EUR/USD

Euro
A trade surplus and an improvement in GDP
On the other hand, the decline in the construction of new houses and industrial production positive for the dollar I expect the beginning of the market movement during the Asian period because news related to foreign investment of China may turn the markets because it is expected to come negative
And do not forget that there is a gap that should cover
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart PatteN
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GBP/CHF

The greenback weathered the disappointing wage data but when retail sales and inflation both fell short, we can already see some cracks. Is a rate hike in June that certain? Not so fast. In any case, Trump's ongoing scandals are weighing on the greenback. The BOE seems more certain about a smooth Brexit but still provided gloomier forecasts. And with China's latest initiatives, we look at the Aussie which attempts to recover. We also look at the pitiful state of volatility before previewing the …
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GBP/NZD

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Horizontal and vertical lines
Support and resistance lines
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EUR/CAD

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Horizontal and vertical lines
Support and resistance lines
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GBP/USD

Tools Used
Horizontal and vertical lines
Support and resistance lines
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CHF/USD: FOMC minutes may spur profit taking on recent rally

Investors are now turning their focus towards the Federal Reserve's monetary policy stance. Minutes of the Fed's latest policy-setting meeting are set for publication at 18:00 GMT today. The market already expects the Fed to raise interest rates in June, but given the greenback's recent weakness, dollar bulls are expected to welcome any hawkish hints by the central bank
Long-term outlook: Bullish
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USD/JPY

technical analysis and the basic pair for #USDJPY
For Monday, May 29, 2017
From the chart we notice that the pair is moving in a bullish channel but not at these sharp levels and the strength of the channel's channel tends to track in a cross-section. The divergence between the price and the is observed as the MACD started to rise and the line crossed the zero line after the sharp drop that occurred.
As I show you, Fibonacci levels are between 61.8 and 78.2 where these levels represent correct …
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GOLD

gold
gold
Now in the stages of correction to complete the climb, note that the 78.6, which rebounds from them strongly and is continuing to rise in order to complete the journey to rise to face strong resistance as shown to you in green color where we note that the rising trend over more than 10 days you break
So that has proven the strength of the direction in which you are showing the Barbolic delight and explains the continuation of the Ascending as well as shows that gold is in positive are…
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