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AUDCAD bearish trend to continue

AUDCAD is in bearish trend since last year August and it is expected to continue, as strong Support is not found yet. Please find below further analysis.
From Monthly chart
- Only one green candle out of last 9 candles and that shows the weakness of this pair
- After Chinese data, this pair tries to go up but couldn't find any resistance and in the end formed a Top Doji which is another symbol of bearish trend continuation.
- As Price action shows strong downtrend, the price is expected to test…
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AUDJPY bearish trend to continue

Australia economy is still in weak condition, as it's largely dependent Chinese market hasn't received yet. Please find below the further analysis on chart,
Weekly Chart:
No real patterns or movement in the Monthly chart, hence picket up the Weekly chart for analysis. Please find below some if my inferences,
- Connecting previous high's and low's formed a downtrend pattern and it's expected to continue further, as no real support is found
- Recent strong bearish price action (circled in red) a…
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AUDUSD is expected to form a range trading

Monthly chart:
- Monthly chart is in clear downtrend as it falls well below the 50 SMA
- Bearish price action (small red circled) is comparatively smaller compared to the earlier (large red circled) showing that instead of retracement, this pair would create strong support/resistance to move for some time
- Considering the last 2 red candles ending up with Doji, the price is expected to move around this area for coming months
Daily chart:
- As in Monthly chart, Weekly chart also shows the reduc…
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AUDNZD is trading with excellent Support/Resistance

AUDNZD pair is expected to continue it's range trading, as it's trading with excellent Support and Resistance. Please find the analysis using charts,
Weekly chart:
- Weekly chart is clearly showing the struggle between the drawn pattern lines
- This pair is trading excellently in a range which is expected to continue further
- The same Resistance level is struggled in 2014 which shows that this level might breakout but not in near future
Daily Chart:
- Daily chart just validates the informatio…
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EURUSD is slightly bullish and trading in a Range

EURUSD is expected to be slightly bullish considering most of the economical risks around EURO has lessen. Please find the chart analysis,

Weekly chart:

- This pair is setting up nice range since the Greek problem and expected to go slightly bullish like the chart suggested
- As the chart shows that downward pressure is low, this pair is expected to be above the half range in the pattern
- The next possible upward movement would be to touch the previous Upward Doji, but it will take some time
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CADJPY to go bullish

CADJPY is expected to go bullish, as Risk on strategy is slowly catching up. Please find the chart analysis,
Weekly Chart:
- Candlestick pattern clearly shows the bullish trend signal and reformation of RiskOn strategy
- Expected to form a bullish pattern as shown in the chart
- 1st Bullish target is 95 range and expected to be in that range for sometime before reaching the 98 range if bullish trend continues
Daily Chart:
- Representing a double bottom which is aided by increase in OBV suggests…
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CHFJPY to form a range trading after a bullish move

CHFJPY is expected to move little high before forming a range trading. Please find the chart analysis,
Weekly chart:

- In longer trend, this pair is maintaining a good support in it's trend as shown in the graph
- Considering the previous small red candles and current green candles, this pair expected to go bullish as it just hits at it's pattern bottom
- Parallel dotted line is expected to be the upcoming resistance which is just below 129
Daily Chart:
- Price is just moving over 50 SMA and e…
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EURAUD is expected to form a range trading

As Aussie dollar starts appreciating against it's pair, it is expected to form a pattern with Euro before going further bearish. Please find the chart analysis,
Weekly chart:

- As suggested in the weekly chart, this temporary bearish move is expected to be a retracement for sometime
- Recent candle pattern also suggests a short term bearish move
Daily Chart:

- As drawn in daily chart, this pair is expected to form a range trading for upcoming days
- Previous support may act as a new resistance…
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EURCAD to trade sideways

EURCAD is trading with strong Support and Resistance level and it is expected to continue, as both the country economic situations are similar. Please find the chart analysis,
Weekly chart:

- This pair has strong support and resistance as the price action also suggests the same
- It is expected to continue forming a range trading within this drawn support and resistance level
Daily Chart:

- Daily charts also predicts the same with several decline on support and resistance level
- It creates a…
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EURJPY is slightly bullish

EURJPY is setting up nicely again for a bullish run, even though economic slowdown may slow down this bull run as well. Please find below the chart analysis,
Weekly chart:
- This pair is trading in a range since May and it is yet to breakout from this region
- There are lot of upside pressure showing more solid move as well as consecutive Doji's, but because of the EURO economic situation the this pair was unable to break out.
Monthly chart:
- Chart is showing two trend observation. But previou…
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EURGBP is expected to go bearish

Fundamentally GBP is resuming on track for bull run and hence I expect this pair to go bearish in next month. Please find below the chart analysis,
Weekly chart:
- Exactly around 50 SMA, the sell pressure has increased and it shows that downtrend resumes but slowly
- Based on the price action, we can clearly see that this pair is trading with solid support and resistance which is hard to breakout
Daily chart:
- Double top decline suggests that breakout is not possible and bearish turn has star…
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USDZAR is expected to retrace

USDZAR had an absolute spike since this year starting and now considering the FED's interest rate decision and economy slowdown, it is expected to retrace a little before beginning the bull move again. Please find the chart analysis,
Monthly chart:
- Since 2011, the bull has started it's run in nice range and in 2015 it was more than a bull but a spike.
- As chart shows a long downside red candle which is almost a doji, it is expected to be a sign of retracement. Because every bull move needs a …
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USDJPY is in range trading with more upside pressure

USDJPY is circulating around known zone for couple of months and it is expected to continue the same till FED's decision on Interest rate. Please find below the chart analysis,
Monthly chart:
- It clearly shows the strong price action near 124 price range, as 2007 data declined at the same level. Hence it will be considered as a strong Resistance
- Price around 115 range has been a strong support for this pair, as there is no threat yet to go below this area.
Weekly chart:

- Weekly cha…
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