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GBP/NZD EXPECT CONTINUATION UPWARD

In the first chart we see the cross has recently found a new 'all-time' low @1.770 (1) and during this current quarterly candle price is trading near previous main lows in the range between 1.850 and 1.860 (2) while the most recent support area was between 1.890 and 1.900 (3). See the picture: This current quarterly candle will close with the end of June. During this period of time, I expect price to rise more to reach the most recent (broken) lows (3) where will find some short term rej…
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USD/CAD expecting continuation upward.

During this quarter the instrument found support near 1.000 which is an important key price level and round number (1). In the first chart here below we also see the quarterly opening 1.0171 (2) and previous top 1.0341 (3). This current candle will close with the end of June so to better understand the whole situation I would consider the following chart showing the instrument in weekly timeframe: Still points '1-2-3' show us the quarterly low, open and previous high. In the chart it is very n…
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XAU/USD COMPRESSION IN DOWNTREND EXPECTED

Small premise: in this study all prices are to be considered as U.S. DOLLARS per OUNCE, so for example 1500 means 1500 USDollars x 1 Ounce of Gold. In this first weekly chart below we see the actual situation In recent weeks gold price experienced an important weakness breaking below 1500 area causing a fast move downward to reach straight lower 1300 area where price consolidated support during the 3rd quarter in 2010 and January 2011. A further step is shown in the following chart (weekly
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