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AUS/USD can make a run to 0.83

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
Having broken ascending triangle at 0.7850, the pair can run to 0.83 which is long term resistance. Slowk is overbought but slowd is still neutral so I feel that slowd will also catch up in coming weeks and pair will run to 0.8150 minimum.
In next 3-4 weeks, pair will make up move to 0.8150 or 0.83 on 8th fibo time zone and then will retrace so I am looking at 0.8105 in coming mo…
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USD/CAD may go down to 1.20

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
USD/CAD is overtly bearish and there are no signs of bounce as yet. Stochastics slowk is well below slowd and in coming days support at 1.25 may be broken anfd pair may head towards interim support at 1.20. looking at the chart, I feel USD/CAD is in 3rd wave and there is high probability to touch 1.20 in coming months.
On daily chart also 20 period keltner channel is well below 5…
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AUD/NZD upmove is just Beginning!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
AUD/NZD appears to be oversold and now making upmove. slowk is above slowd but pair still trying to move up from oversold level and that gives the feeling that it may test 1.10-1.11 level in coming days.
Looking at daily chart , 20 period keltner channel is showing upmove but 55 period keltner channel still pointing downward. but 20 period is crossing above 55 period keltner ch…
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EUR/AUD maybe in second wave!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
On weekly chart the pair may have completed 1 wave to 1.52 froim 1.36 and right now correcting. the correction may stall at 1.42 before making up move which will take the pair to 1.60 minimum.
On daily 55 period keltner channnel still pointing upward and so is 20 period so pair is bullish. but slowk is oversold and in coming days slowd will catch up with slowk and correction will…
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EUR/CAD chart almost similar to EUR/AUD!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
EUR/AUD did catch up with EUR/CAD as AUD and CAD both are moving in tandem. As seen in chary but 0.618 retracement comes above 1.43 and on weekly slowk is below slowd and very strong momentum to the downside.
On daily I thik price will stall above 1.43 before making upmove and on 13th fibo zone it will hit around 1.4825 level. EUR/USD I believe will break long term level of 1.165…
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EUR/NZD may be in clear 3rd wave!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
NZD/USD is diverging from other commodity pair as seen in the weekly chart above. So my feel is that EUR/NZD has already completed 2nd wave in 1.52 and now ready to move up in 3rd wave which will take it to minimum 1.70 in coming months. slowk is below slowd so short term momentum on weekly is still bearish.
On daily 20 period keltner channel trying to go above 55 period giving b…
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GBP/USD may again test 1.59

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
GBP/USD is under performing USD counterparts and it did not rallied even after vreak of 1.3050. But other currencies are doing well against USD. and that is why GBP/AUD is poised to again test the 1.59 double bottom. I see it happening in next 2-3 weeks. on weekly stochastics slowk is below slowd and momentum is strong.
I would thing in next 2-3 weeks GBP/USD bottoming out before…
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AUD/JPY may test upper channel resistance at 0.91

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
Having broken 0.87 level AUD/JPY is in clear uptrand and will be within the channel 0.87 to 0.91 for next 8-9 weeks atleast. slowk is overbought and slowd will catch up with slowk so consolidation at current level can not be ruled out. but test of channel top at 0.91 is imminent in next 2-3 months.
On daily chart 20 period keltner channel is pointing upwards and it crossed above …
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GBP/CHF rejected above 1.26!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
As we can see on weekly chart. Asc triangle invalidated and pair fell to 1.2250 but it took support at this level to go above 1.26 and yet again it was rejected above that level. but slowk is tring to overcome slowd and in few weeks we can see GBP/CHF going up again. Yet it will be range bound unless EUR/GBP go above 0.90.
On daily chart pair is overbought so some consolidation …
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GBP/CAD may go further down!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
GBP/CAD may take support in 1.62 and then bounce. The pair is extremely bearish with CAD bullish run. but slowd is yet neutral and slowk is oversold and it may take 3-4 weeks for pair to get stabilized above 1.62. I dont think it will test 1.58 level again.
As can be seen on daily chart pair is highly bearish and 20 period keltner channel is well below 55 period so consolidation …
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GBP/.NZD seems to be bullish!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
GBP/NZD is showing interesting trend with respect to GBP vs commodity currencies. and with this view GBP/NZD is poised to grow and will take support in 1.75. and maybe it will hit 1.90 in coming months as rising wedge pattern is seen 0n weekly chart.
On daily chart 20 period keltner channel is showing upward move and trying to overcome 55 period keltner channel. Stochastic is co…
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NZD/JPY is heading towards 0.87

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
On weekly NZD/JPY is in bullish channel. And I expect resistance at 0.84 will be broken in coming weeks. Although stochastics are in overbought zone but no signs of retracement as yet. Further the pair is in strong 3rd wave so more growth in the pair is seen.
On daily chart 20 period keltner channnel is above 55 period channel. stochastics is cooling down and slowk is below slowd…
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AUD/CAD is showing no trend at all!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
On weekly chart the pair is taking support on rising channel but overall it is trendless to say the least. Maybe it is making pennent on weekly chart and pair has to go above 1.01-1.02 to confirm the pennant formation. Stochastics is bearish and slowk is still below slowd and pair may consolidate above 0.9850.
But on daily chart pair is in downward channel and may not go above 1.…
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AUD/CHF may test 0.78 again!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
On weekly chart AUD/CHF is making upmove and poised to test 0.78 level again. the pair is still not overbough so more upside is likely. However pair is not very active and is ranging in the longer term.
On daily chart also pair is just beginning to move up based on keltner channel 20 period and 55 period. 55 period channel is flat but 20 period channel is making upmove so more u…
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CAD/CHF chart same as AUD/CHF!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.

CAD/CHF chart is almost same as AUD/CHF because AUD/CAD is at parity. On weekly slowk is not yet at overbought level and slowd will catch up with it but because USD/CAD ran too fast into 1,25 i can expect some cosolidation in this pair at current level.
I think on 13th fibo time zone it will make a high and then it will retrace. Stochastics is at overbought levels so consolidati…
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More upside on CAD/JPY

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
Having broken horizontal resistance at 0.88 I can say CAD/JPY will test 0.92 in coming months. Slowk is well above slowd and no signs of fading momentum yet. All jpy pairs are poised for upmove as many are in strong 3rd wave. But consolidation at current level after sharp rise over few weeks can not be ruled out in short term.
On Daily chart pair is overbought so some consolidati…
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CHF/JPY is making upmove

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
CHF/JPY broke above resistance at 116.50 and I would think that it may go up further. Although price is overbought on weekly but because it broke the resistance, It may make a run to 1,25 in next 3-4 months. Ascending triangle is seen on the pair and clear break of resistance.
On Daily price is now consolidating but keltner channel 20 period and 55 period both are heading upwards…
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NZD/CAD may take support at current level!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
NZD/USD is under performing with other commodity currencies and I would think of little break rising wedge but it will not sustain as NZD/USD is poised for 0.77 level in coming days. Stochastics are in neutral zone on weekly chart. so not much downside is seen in the pair.
Keltner channel 20 period is so highly pointing to downward and in coming days we could see it flatten out. …
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NZD/CHF may go up from current level!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
NZD/CHF is in up channel and establising support in 0.70. Though slowk is overbought, slowd is neutral and on weekly it is making pennent of sort and may well go up in next 7-8 weeks.
Keltner channel 55 period is flat and trying to move up but 20 period keltner channel is already moving up so I am bullish on the pair. it may print low value in nxt 1-2 weeks before moving up. slo…
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EUR/HKD may go up further!

Indicators Used for Analysis: Fibonacci time zone, Extension, Elliot wave, Keltner channel, stochastics and Patterns.
EUR/HKD has made triple bottom and about to break above log term resistance at 9.000. Although stochastics is overbought but the pair has more room to run up further. Also EUR/USD may break above 1.1650 level and EUR/HKD will also break above 9 level in coming weeks.
Upward momentum is very strong and it may move further above 9. though daily stochastics is overbought but no sig…
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