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Consolidation with bearish tilt

Currency Pair:Eur/Usd
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 1.1017
Trend: consolidation (daily)
Possible trading range:1.08 -1.13
Technical analysis :This pair has left behind a very clear bearish flag pattern located on the daily chart with the break point situated at around 1.1070. In normal conditions we must see first the 1.08 level followed by a rebound towards at least the 1.12 handle. In this way another bearish pattern called H&S will have some chanc…
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No clear direction for GBP/USD

Currency Pair:Gbp/Usd
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 1.5447
Trend: consolidation (daily)
Possible trading range:1.51- 1.56
Technical analysis :The presence of a two head and shoulders patterns on the daily chart ( normal and inverted) and both so far have been ignored ... indicates us that there is no clear direction in the sight and may represent a signal for traders that in the short term the outlook is set to remain in the same trading range
For
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There is scope to revisit the 118 level

Currency Pair:Usd/Jpy
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 120.68
Trend: consolidation (daily)
Possible trading range:118 - 121.50
Technical analysis: It seems that 121.50 level is a very strong barrier for bears to be easily overcome and may represent one more confirmation that the price is going to spend more time in the same trading range between 121.50 and 116. Another bearish sign is lurching under the form of a death cross ( daily chart) and it's wort…
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For the moment a sideways movement is more likely

Currency Pair:Usd/Chf
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.9879
Trend: consolidation (daily)
Possible trading range:0.95 - 1.00
Technical analysis: A bullish breakout from a triangle may turn very soon in a fake one
Forecast:Next month i anticipate a heavy battle between bears and bulls above 0.9760 level, but we must not expect a significant rally. Not yet.I would rather go for a consolidation with a bearish tilt
My target: 0.9762
Daily (below)
4 Hour (below)
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Neutral outlook in the sight

Currency Pair:Aud/Usd
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.7131
Trend: consolidation (daily)
Possible trading range:0.69 - 0.73
Technical analysis: A perfect double bottom was ignored on the daily chart which may suggest that the bulls' strength is still fragile and more sideways movements are needed in order to see a decisive breakout in the future.
Forecast: Having the above analysis in my mind, i would rather tend to see declines followed by small rall…
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Declines seem more likely

Currency Pair:Nzd/Usd
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.6773
Trend: uptrend (daily)
Possible trading range:0.64 - 0.70
Technical analysis:the price hovers very close to the resistance line belonging to a massive descending channel
Forecast: At first glance on the charts and having in mind the fundamentals any upside moves are totally impossible at this moment and the most likely scenario is a consolidation zone with some bearish tilt.
My target: 0.6
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Consolidation still on the table

Currency Pair:Usd/Cad
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 1.3075
Trend: uptrend (daily)
Possible trading range:1.28 - 1.34
Technical analysis:a rising wedge is approaching its completion suggesting bearish signal for this pair
Forecast: THe risks remains to the upside as long as the oil continue to fall, but once that rising wedge is broken to the downside the bullish momentum might lose some steam and therefore the price may come back and settle between 1…
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A beairsh outlook in the sight

Currency Pair:Eur/Jpy
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 132.74
Trend: consolidation(daily)
Possible trading range:129-136
Technical analysis:a bearish triple top and a recent breakout to the downside from a descending rectangle
Forecast: if price succeeding in breaking decisively and staying below the 133.28 level for more days then this action will cap the bulls' hopes to rally above 134.
My target: 130.52
Daily(below)
Monthly(below)
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Consolidation with bearish tilt still on the cards

Currency Pair:Gbp/Jpy
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 186.05
Trend: consolidation(daily)
Possible trading range:182-189
Technical analysis: So far we have an massive ascending channel which don't let the bears to take control over this pair. A bearish signal has just appeared ( death cross) and it's a matter of time until the downtrend will resume.
Forecast: Both fundamental ( the BOJ took no measures regarding stepping up the QE) and technical analysi…
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