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EUR/CHF forms descending triangle

On the daily chart, EUR / CHF form a descending triangle pattern that emerged since January with a strong support at 1.2135. This give us a bearish bias signal. Now we combine daily chart with ichimoku indicator, as we see in chart we can draw a mid term support at 1.2200. The thick cloud in may give us signal that price is not easy to break down, and we have strong suppor at 1.2135. I predict that the price will move in range 1.2135 - 1.2258 with mid support at 1.2200. price may consolidate in …
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GBP/CHF Outlook

After reach 1.5475 on july 2012, GBP/CHF shows us bearish bias. On monthly chart, we see bearish pressure still strong and it forms long tail candle in may 2013. and now we observe on daily chart. price try to climb and bounce at 1.4750 as strong resistance. We can draw support line at 1.4518. With bearish bias in monthly chart, the price may break this level support and will be trade in 1.4250 -1.4500 with bullish trendline support.
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CAD/CHF in ranging

In monthly chart, we can see the price has traded in ranging zone since december 2011. closely, in daily chart we can see clearly the trading zone in 0.9129 - 0.9397. The price has rebounded after touched daily resistance and now go south to reach the support level.
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CAD/JPY starting bearish pressure

in the monthly chart, using gann grid, prices are in a bullish channel which started since last january 2009 and bounced up in June 2012, the month of May prices candle looks directly responds to a strong resistance and begin a downward pressure.more clearly in the weekly chart, looks a support at 91.90 which touched several times and seemed about to be break down. If the price has broken below support that is waiting on the 85.22. This currency will be trade in this range
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USD/JPY triangle

USD/JPY trade in bullish bias since september 2012, after break 84.50 in december, this pair climbed to reach next resistance at 101.50.
In weekly chart, the price rebound after touch 103 to 38.2% fibo retracement and than price consolidate in triangle form.
The major trend is bullish, and when the price break this triangle, this pair may climb higher to 61.8% fibo expansion after break 101.50.
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EUR/AUD forecast

On the monthly chart,we see that the EUR/AUD shows down trend from 2009 to mid-2012. Then in August 2012 looks bullish trend started bouncing off the lowest price at 1.1600 and leads to the 38.2% fibo level. when nearing fibo level, the price decline formed a bearish candle with a long shadow indicates buying pressure is still strong. So in my prediction , this pair still in bullish bias.
On the daily chart, this pair trade above MA200 which indicates that the trend is still up with is limited b…
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NZD/USD FORECAST

On the monthly chart, this pair has been running since 2011 in range 0.7700 - 0.8560. October's candle show how this pair tried to break the resistance, but failed and quickly fall and close lower than opening price. And november's candle show how strong bearish pressure. The major trend is bearish in range.
On lower time frame, daily chart show the candle break minor support at 0.8150 and still show bearish pressure. The movement have 2 scenario, first kiwi will trade between 0.7960 - 0.8150 a…
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USD/SGD FORECAST

On weekly chart, USD/SGD is trading in range 1.2320 - 1.2830. And the candle still climbing to higher level if can break minor resistance at 1.2570
On daily chart, we can see that level 1.2570 is important level which support become resistant. This pair need strong bias to trade in higher level and when this pair cannot break this resistance, USD/SGD will be trade in ranging market 1.2320 - 1.2570.
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EUR/GBP DESCENDING TRIANGLE

EUR/GBP broke bullish trendline on last september. On weekly chart, we can see this pair now set a downtrend.
Furthermore on the daily chart, we can draw bearish trendline or bearish channel. So bearish pressure is mode on until the price break this line. In last month, EUR/GBP has formed descending triangle, this triangle in bearish channel confirm a bearish pressure. Near support at 0.8320 will be broken and this price will fall to reach next support at 0.8156. This range can be active area a …
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GBP/USD on bullish track

On the monthly chart, since 2009 GBP/USD limit by resistance at 1.6740. This line touched again in april 2011, and with bullish pressure, this pair ready to touch or break this resistance.
When we look detail on daily chart, there is a minor support at 1.6250. With SMA 200 under the price, i still believe this pair still on bullish trend with support at 1.6250 and resistance at 1.6740, and when this resistance break, this pair will show strong bullish pressure.
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XAU/USD FORECAST

On monthly chart, Gold show bearish trend since october 2012 with support at 1175 and resistance at 1422. This support touched in june 2013 and the price back to go north and hold by resistance and back to south. This support will hold the price and when its breeak, this price will go to next support at 1000 (998)
On daily chart, we can see a bearish channel to indicate bearish trend limit by support at 1175 and minor resistance 1262.
This pair will consolidate in this range before decide to go …
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XAG/USD forecast

on weekly chart, the price trading in range 18.95 - 26.10 since last april. Also we can notice there a bearish trendline which can be strong resistance, the price can be pull down when hit trendline or break it up.
On daily chart, there is a resistance become support at 20.45 which can be strong support to push the price stay above. The RSI indicator show trend is bullish, The price can be pullback near 20.45 before continue to break bearish trendline to go higher.
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AUD/USD forecast

On the monthly chart, since last june this pair trade in ranging area with monthly support at 0.8568 and resistance at 0.9578. This could be ranging area for next several months in this year.
closely on daily chart, this currency trade below SMA 200 and RSI indicator show bearish bias. Daily resistance at 0.9062. With bearish bias, this pair will be go south with strong monthly support which hard to break. in my forecast, this pair will be in this ranging area for next couple months.
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GBP/USD forecast

On monthly chart, GBP/USD show bullish trend with dominant bull candle since last july. This currency touch Resistance (R1) at 1.6730, if this level is broken, the price will go north to next resistance (R2) at 1.7200
On weekly chart, GBP/USD seems hard to break resistance . As long as the price trade above support 1.6580, buy order still on, and my forecast, this pair will break R1 and straight go to R2 and then bounce to middle level at 1.6966
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USD/CHF forecast

On monthly chart, USD/CHF show some bearish pressure with last bearish candle. But it limit by strong monthly support at 0.8800. Need more long bearish candle to break this level with closing price break under support line. But if monthly candle close near / above support, this indicate the price need more volume to go lower.
on weekly chart, USD/CHF show bearish channel which possible to force this pair to touch weekly support at 0.8628 and then the price should be pullback to monthly range. As…
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EUR/USD forecast

Weekly chart show EUR/USD trapped in sideways area between 1.3460 - 1.3950. Major trend is bullish.
On the daily chart, we can see clearly, there's daily support area formed by Simple moving average 200. The price still above this SMA indicate up trend still emerging. This currency will trade in this range and try to break resistance and go above 1.4000
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AUD/USD forecast

On the daily chart, AUD/USD has crossed 0.9200 and still trade above SMA. this indicate this pair in bullish bias. This pair will going up and limit by resistance at 0.9450.
On bigger frame, if AUD/USD can break 0.9450, this pair will try to reach weekly resistance at 0.9650.
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