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AUD/CAD

AUD/CAD presently mark: 0.97996
Forecast: Buy
Sell below LWMA
Buy above LWMA
4H Key points:
Top Resistance: 0.98400
1st Support: Lwma
2nd Support: Fibonacci Retracement (61,80%)
Floor: 0.96000
LWMA: Bullish
StochF: Bullish
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GBP/NZD

GBP/NZD presently mark: 1.95225
Forecast: Sell
Sell below Top Resistance and LWMA
Buy above Top Resistance
H4 Key points:
Top Resistance: 1.9642
1st Resistance: LWMA
1st Support: Fibonacci Retracements levels
2nd support : Fibonacci Retracements (61.8%)
Floor: 1.8932
LWMA: Bearish
StochF: Bullish
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GBP/CHF

GBP/CHF presently mark: 1.34202
Forecast: Down
1st target: Fibonacci Retracement (61.8%)
H4 Key points:
Top Resistance: 1.3442
1st Support: LWMA
2nd Support: Fibonacci Retracement levels
Floor: 1.2862
LWMA: Bullish
StochF: Bearish
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GBP/CAD

GBP/CAD presently mark: 1.82426
Forecast: Down
1st target: Fibonacci Retracement (61.8%)
H4 Key points:
Top Resistance: 1.84090
1st Resistance: LWMA:
1st Support: Fibonacci Retracement levels
2nd Support:
Floor: 1.7614
LWMA: Down
StochF: Bearish
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GBP/AUD

GBP/AUD presently mark: 1.81853
Forecast: Down
H4 Key points:
Top Resistance: 1.8268
1st Support: Fibonacci Retracement levels
2nd Support: Lwma
Floor: 1.7614
LWMA: Bullish
RSI: Bullish and preparing to break down
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EUR/GBP

EUR/GBP presently mark: 0.88600
Forecast: Hold
Buy: above the circle
Sell: below the circle
H4 Key points:
Top Resistance: 0.89670
1st Resisancet: LWMA
1st support: Fibonacci Retracement (61.8%)
Floor: 0.87750
LWMA: Bearish
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EUR/CAD

EUR/CAD presently mark: 1.58476
Forecast: Buy
H4 Key points:
Top Resistance: 1.61210
1st Support: LWMA
Floor: 1.55300
LWMA: Bullish
StochF: Bullish
Fibonacci Retracement (61.8%) worked as a good support: Stochastic Fast and LWMA(14) are both on bullish side. The target is the top resistance.
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AUD/USD is likely to rally again.

Daily Chart
Min-Max(30): AUD/USD is forming the lower Min-Max values from February 2018 onwards.
Andrew's Pitchfork: It is in a upward sloping formation where AUD/USD is taking support above the lower line.
Weekly Chart
Fibonacci Retracements: AUD/USD is taking support near the 61.80 % Fibonacci Retracement of rise from 0.75 to 0.81.
Price Channel: It is in upward sloping formation where AUD/USD is forming higher highs and higher lows.
Monthly Chart
Standard Deviation: It is in downward sloping …
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Uptrend of USD/CAD to continue.

Daily Chart
Min-Max(30): USD/CAD is forming the lower Min-Max values from December 2017 onwards.
Standard Deviation: It is in downward sloping channel where USD/CAD is finding support from the lower line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in contraction phase where USD/CAD is moving upwards after taking support at lower band.
Andrew's Pitchfork: It is in a downward sloping formation where USD/CAD is finding resistance from the upper line.
Monthly Chart
Fibonacci Retracements:…
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Vaibhav27 avatar
Vaibhav27 25 Feb.

Correction
Monthly Chart
Fibonacci Retracements: USD/CAD is reaching near the 50.00 % Fibonacci Retracement of fall from 1.46 to 1.21.

Vaibhav27 avatar
Vaibhav27 25 Mar.

Mortgage applications in the United States declined by -1.1 % (WoW) for the week ended 16th March 2018 which is a large decline compared to the 0.9 % rise seen in the previous week ended March 9th 2018. People are opting for big ticket purchases such as a new house as they are feeling confident about their future earnings as economic outlook is robust. Even existing housing debts are being paid with relative ease pushing refinance share of mortgage activity to its lowest level since September 2008, which was 40.1 % of total Mortgage applications last week.

Vaibhav27 avatar
Vaibhav27 28 Mar.

Federal Reserve of United states of America hiked the Federal fund rates to 1-1/2 to 1-3/4 percent from the 1-1/4 to 1-1/2 percent in the FOMC meeting held on 20-21 March 2018. Business investments in sectors such as construction, retail trade, professional and business services, manufacturing, financial activities, and mining has been on rise for last few years on back of accommodative monetory policy of Federal Reserve. As a result job gains have averaged more than 200k for last six months. Inflation is also inching closer to 2 % thus giving Fed head room for monetary policy normalization.

Vaibhav27 avatar
Vaibhav27 30 Mar.

Richmond Fed Manufacturing Index of United States declined to 15 in March 2018 from 28 in previous month of February. The key markers of demand for manufactured goods such as shipments, volume of new orders and backlog of orders have registered significant rise in last few months and I think some moderation is expected on this front. Strong growth in manufacturing activities is leading to increasing employment opportunites however a shortage of skilled workers is being felt thus pushing the wages upward. Also accelarated growth is expected to be seen in both prices paid and prices received.

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GBP/JPY may consolidate.

Daily Chart
Min-Max(30): GBP/JPY is forming the higher Min-Max values from November 2017 onwards.
Standard Deviation: It is in upward sloping channel where GBP/JPY is finding resistance from the upper line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in contraction phase while GBP/JPY is slowly moving upwards.
Andrew's Pitchfork: It is in upward sloping formation where GBP/JPY is finding support from the lower line.
Monthly Chart
Fibonacci Retracements: GBP/JPY is reaching near the 50.…
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moursi avatar
moursi 21 Feb.

keep up

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