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NZD/JPY 1 July 2015 Forecast

On the weekly chart:
The current trading price - 88.2
The trading range - 83.35 to 94. An area represented by the shaded green triangle on the chart above
Expecting the trading in the month of June to be confined in the range.
Trading will be bearish in the month so expecting a move lower for the pair.
Fibonacci retracement levels. the highs recorded at the end of December 2014 and the low from February 2015
100% - 94.03
61.8% - 90.214
50.0% - 89.035
38.2% - 87.86
23.6% - 86.40.
0.00% - 84.04
T…
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EUR/SGD - 1 July 2015 Technical Forecast

The Euro has been under pressure against the SGD and there is a bearish run from 2014. However we have witnessed a secondary wave which should meet strong resistance at 1.51. So i expect the trading to be confined to the range 1.44 to 1.51, the area shaded on the chart below.
The closing bid price as at 28 May 2015 - 1.4806
From the beginning of 2015, the Fib retracements are as follows:
100% - 1.6015
61.8% - 1.5383
50% - 1.5185
38.2% - 1.4989
23.6% - 1.4746
0% - 1.4354
The 38.2% should …
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HKD/JPY - 1ST OF JULY 2015 FORECAST


After trading in a horizontal channel with the lower support at 15.00 and the resistance at 15.71 we have seen the pair breakout on the upper resistance and we have seen it trade above 16 for the first time. With the May close at 16.1 the question is will the bulls continue?
The previous resistance point at 15.71 should in turn act as a support point for the greater part of the coming month. We may see the price bounce off that level a couple of times.
the next level of support will be at 15.6,…
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GBP/JPY - 1ST OF JULY 2015 FORECAST

From 2012 the pair has been on a bullish run and has been confined in a bullish channel. In the weekly chart above i have drawn two channels and boy confirm that 190 could be a resistance point. Therefore i expect the pair to pull back from the 190 levels in the coming month. The pair will most likely trade in the rectangle shaded region of the chart with 175 being the base.
I will use the Fibonacci retracements in the forecast, setting 190 as 100% and 175 as 0%.
The 61.8% retracement is at 184.…
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EUR/NOK - 1ST OF JULY 2015 FORECAST

May closing price - 8.419
Bolinger bands on the weekly chat.
Upper Band - 8.8453
Middle Band - 8.5414
Lower Band - 8.2375
on the weekly chat we also see 3 candles with longer upper shadow tails. the presence of one or more long upper shadows form after a price advance, it is an indication that the market is reaching for a top. so not expecting much volatility or further advancement in the price.
Expecting the price to continue to advance in the month.
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SGD/JPY - 1 JULY 2015 FORECAST

92 will be a a strong resistance point as it has bounce off that level before and at the end of May 2015 the price failed to break above that level, Now expecting the price to retreat and the price should trade between 88 and 92 as shown by the shaded region in the chart.
there are various levels where the price either topped or bottomed before and that level should act as support if the price is to come down in the month.
My prediction will be a price of between 89.2 and 89.7
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EUR/SEK - 1 JULY 2015 FORECAST


The currency pair has been trading in a bullish channel from 2013. At the end of May the price ended at the base of the bullish channel. The question is is there going to be a breakout from the channel or trading will be in the channel?
I expect the pair to remain trading in the bullish channel, and prices in the shaded region could be established in the month of June.
The bollinger bands are narrowing down on the daily chart.
Upper Band - 9.4000
Middle Band - 9.2947
Lower Band - 9.1897
Littl…
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EURPLN - 1 JULY 2015 FORECAST


The EURPLN has been trading within a horizontal range between 4.00 and 4.4 as shown in the shaded region of the chart.
We witnessed a false breakout below 4 on the circled part of the graph.
In the month of June im not expecting the pair to break below 4 or above 4.4.
Above shows how the shaded region looks like on the daily chart. The price movement may be confined to a channel and i expect the price to develop in the channel.
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CHF/SGG - 1 JULY 2015 FORECAST

The volatility on the CHF/SGD has dropped significantly since the 15 January 2015 move on the pair.
The Bolinger bands on the daily chart are as follows
Upper Band - 1.44449.
Middle Band - 1.4245
Lower Band - 1.4045
There should be a strong resistance point at 1.46 and not expecting the pair to trade above this level.
there is a candle with a long shadow tail, which may mean that further advances may be capped.
Expecting the price to move with very little volatility.
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