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USD/CHF tends to go lower

USD/CHF is still in the top range of the last 3 months, the pair plays now around 0.9 and is expected to close this month (May) below this level , so down movement is expected for the pair in the next month.
in the monthly chart, the pair still below 0.9 area and so it is probably that the pair will go down or make range in the next month.
in the weekly chart, the pair seems topped and ready to go lower,levels of 0.885, 0.877 and 0.87 is expected to play noticeable rule in defending support of t…
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USD/JPY to 105 again

USD/JPY is still playing around strong support area at 101 but this area every time push the pair up as happened in the last week, the pair is supposed to continue its up movement soon and will probably touch 105 top area.
In the monthly chart, the pair still consolidated above 101 area and make weak volume movements near this area which means that bear lost control and failed to push the pair down.
In the weekly chart, last strong hammer indicated that the pair is headed to go up in the next we…
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Bearish USD/CAD

USD/CAD still in weak bearish mode from last months and this expected to continue this month, the pair should test 1.06 area before deciding its next direction.
In the monthly chart, the pair seemed to test last strong resistance area -now strong support- at 1.0600 area, this area is very strong and should push the pair up again.
In the weekly chart, the pair is still stuck at 1.0830 area which may hold and push the pair up again and fail my bearish scenario.
Monthly chart
weekly chart
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AUD/USD tends to go up.

AUD/USD still has bullish sentiment in different time frames,the pair consolidated above 0.9200 area for the long time and this is very positive sign for expected bullish move of the pair.
In the monthly chart, the pair for the second month still above strong 0.92 area and this implies strong up movement in the next months.
In the weekly chart, the pair is still at the lower band of the weekly range, the overall view of the pair is very positive.
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Weekly chart
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NZD/USD should test lower.

NZD/USD failed to break 0.88 -historical high- area and then make some ranges before falling down to touch 0.8530 area and more bearish is expected in the next month due technical weakness.
in the monthly chart,2 consecutive bearish candles after touching 0.88 means more bearish but we should not neglect the strong fundamentals of NZD which support the pair in the long term so bearish is limited.
in the weekly chart, the pair seems to test lower to reach 0.835 area as supposed area to make the p…
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AUD/CAD stuck between range

AUD/CAD failed to break 1.0270 area for 3 months so it fall to near 1.00 but really fall is expected to be limited because of strong monthly support waiting the pair.
in the monthly chart, we can distinguish two important strong areas for the pair,1.0300 as resistance and 0.99 as support and these 2 levels may decide the next direction for the pair.
in the weekly chart, bearish mode is clearly shown and the magic of 0.99 area is clear, the pair may continue slide to 0.99 then retraces to 1.0150 …
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AUD/CHF should go up

AUD/CHF is moving with bullish sentiment, it holds above 0.8150 and this month is expected to close above last month close and this is very positive sign for the pair.
in the monthly chart, it seems that the pair still in positive area above .081 and this month traded in narrow range to collect momentum to make strong gains in the next month.
in the weekly chart, the very strong support area at 0.8150 is appeared clearly and in my opinion it will make pair push up quickly when touch it again.
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AUD/NZD still in range

AUD/NZD still in range for the fifth month, it can not break 1.0900 nor 1.0500 so the expected scenario for the pair is move in the range for the next month also.

in the monthly chart, no thing to say, only range but the third bullish candle will close this month for the pair which may gives warning signal that the pair may break the 1.09 area.
in the weekly chart, it seems that the pair failed a lot to break 1.0900 and may slide lower to touch 1.0650 again before closing at the end of month ar…
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AUD/JPY heads lower


AUD/JPY
consolidated around 96 for 3 months and then headed lower to reach 93 till now, the pair seems to head more lower after failure of breaking 96 resistance area.
in the monthly chart, the pair may close negatively for the second month and this very bad sign for the pair next movement.
in the weekly chart, the pair seems that it broke strong support at 94.5 and this ensure the bearish view of the pair.
Monthly chart

Weekly chart
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EUR/AUD to go up again

EUR/AUD is still up, I believe in that, the pair still have momentum to test the monthly high again, the pair still in range between 1.455 and 1.5 and this range may end at the next month.
in the monthly chart, the pair seems exhausted in bearish and may accumulate momentum to get up again.
in the weekly chart, the pair closed in strong bullish hammer in the last week which may indicate that the pair is near to go up.
Monthly chart
Weekly chart
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Bearish GBP/AUD

GBP/AUD was disable to break above 1.83 area after big volume bearish candle at march, the pair made narrow range (in may) between 1.78 and 1.83 and its movement was lack of bullish momentum.
in the monthly chart, the pair seems still in negative areas below 1.83, the pair seems it still has an area to move more lower, if 1.78 is broken by high volume candle then the door for big fall is expected.
in the weekly chart, it seems clearly that the 1.78 area has the key for pair fall, if the pair fa…
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EUR/CAD to continue falling then to push up

EUR/CAD seems it still has an area to fall more, at least it may reach 1.44 and then may consolidate before turning direction and reaching 1.51 area at month end.
in the monthly chart, the pair seems in a position which allow for free fall at next month but 1.44 is prepared to defend.
in the weekly chart, the pair seems in strong bearish mode after breaking strong support at 1.51.
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Weekly chart

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CAD/CHF still prepared to make new highs

CAD/CHF Is still in very positive area above 0.81 and is still prepared to make new high, 0.84 is expected to be seen in the next month but the upside may be followed by falling move to current price or may be lower.
in the lower chart, the pair closed positive for the third month and gives clear indication that there is still an area for more bullish movement.
in the weekly chart, 0.84- 0.85 area is expected to stop more gains for the pair.
Monthly chart

Weekly chart
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GBP/CAD is ready to free fall

GBP/CAD failed to break 1.86 area for 5 months and then began falling and reach at this time 1.815 - near to 5 month low- , the pair seems to move more lower in the next month.
in the monthly chart, the range in the last months between 1.86 and 1.81 is presented clearly, the pair closed near to its monthly low so bearish movement is highly expected.
in the weekly chart, strong bearish sentiment is existed, the pair will probably break 1.81 area and make free fall to 1.75 before retracing to 1.77…
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EUR/GBP to consolidate

EUR/GBP
bearish close - with high volume - should give us warning for the next move for the pair but the pair is still above 0.81 area which is last strong area.
in the weekly chart, the pair seems to to move lower due to bearish sentiment and may reach 0.80 before getting up again to reach 0.82 and then close near 0.8150 .
in the daily chart,0.82 area is considered critical area for the up movement of the pair and it is supposed that the pair will close the month near it.
Weekly chart

Daily chart
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GBP/CHF to test lower

GBP/CHF near monthly high at 1.5 and is not sure the pair will stay around the top, the pair may consolidate for 1 or 2 weeks then begin falling journey as expected.
in the monthly chart, the pair seems consolidate for months at 1.5 and this implies bears are ready to enter the market.
in the weekly chart, 1.48 area is the key for fall of pair, if hold above then bearish scenario is not valid.
Monthly chart

Weekly chart
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Fall after consolidation

GBP/JPY consolidated near 170 for very long time, I think the next month the pair will move lower to touch 1.63-1.65 area before making any turning point.
in the monthly chart, the pair seems to get ready for falling after failure to make any new highs in the last months.
in the weekly chart, 168 area is considered the key for the next direction of the pair.
Monthly chart

Weekly chart
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EUR/JPY is still up

EUR/JPY is still in very positive area above 1.35 and is expected to touch the month high of 145 at this month.
in the monthly chart, the pair seems that it have bullish momentum to test the monthly high.
in the weekly chart, 135-136 area considered the key for pair falling or pushing up again.
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Weekly chart
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Falling after consolidation

CHF/JPY consolidated near top for 6 month then began to fall for 2 months and falling is expected to continue this month.
in the monthly chart, the pair seems to have bearish sentiment for the next months after failing to break up 118 area.
in the weekly chart, the pair seems in strong bearish mode after breaking and consolidation below 115 area, the pair may test 109 area and close the month near is low around 110.
Monthly chart
Weekly chart

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NZD/JPY to test 90 again

NZD/JPY still in very positive area above 86 and is still expected to move up to test monthly high at 90 and may be far than 90.
in the monthly chart, the pair still above strong support area and seems ready to fight again.
in the weekly chart, 85.5-86 is considered the key for bulls, the pair may push up quickly after testing this area.
Monthly chart

Weekly chart
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