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EURCAD IS BULLISH BASED ON FIBONACCI AND TREND-LINE STUDIES

From all indication on my technical analysis of both Fibonacci and Trend-line diagram, it is clear that EURCAD will climb throughout the month of August till the beginning of October this year. And from the point of view of my Fibonacci studies of the lowest point on weekly chart on 12/04/2015 at 1.30233 and highest point on 17/01/2016 at 1.61046, it shows that line 50.0% has successfully repelled the price to the upside on the weekly chart, and the current bullish candlesticks formation is an i…
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TRENDLINE BULLISH ON GBPAUD


Looking at the picture above, GBPAUD has being battling for reversal since last week, and with the recent chart formation on the 4 hours time frame today, it is evident that there is a tangible breakout through the bullish trendline level at 1.8850. So far the price could be sustained above that point, i am sure that the bullish trend will continue for the rest of this week, and the initial target would be at 1.89602. If a sustainable break could be sustained at that initial target, the price s…
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CRUDE OIL IS ON THE UPWARD TREND


My analysis is basically about the Fibonacci trading system, and this is on the daily chart for better trading analysis and precisions.
Looking at the chart above, the plot of the Fibonacci at the high of Oct. 9, 2015 at 50.89, and that of the low of Jan. 20, 2016 at 29.72 indicates that the market is on the bullish trend after a successful break of 33.01, 36.45 and 39.17 of 23.6%, 38.2% and 50% Fibonacci lines respectively to the upside.
In this light, it is certain that the market will gather…
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