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EUR/JPY

HOLA BUENOS DIAS, HOY VAMOS A ANALIZAR EL PAR EUR/JPY QUE VIENE DE, LO QUE ES PARA MI, UN SOPORTE MEDIO (129.30), ESTAMOS ESPERANDO A QUE LLEGUE POR LA ZONA 133.00-133.20 PARA VER LA REACCION DEL MERCADO DADO QUE ESTE ES MI PRIMER SITIO PARA BUSCAR UN CORTO. SI ESTA ZONA NO DIERA OPORTUNIDAD DE VENTA PODRIAMOS ESPERAR A LA SIGUIENTE ZONA DE CORTO QUE RONDARIA POR 134.00-134.30, ESTA ZONA PARA MI ES LA QUE TIENE MAYOR POTENCIAL PARA IR CORTO. POR OTRO LADO PARA BUSCAR UN LARGO PODRIA MOS ESPERAR …
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USD/SGD Technical Analysis

Indicators: Trend Line ,Support and Resistance and Weekly/Monthly price action.
Weekly Chart:
Pair is in long term down trend and expected to move towards 1.32777 level by considering its monthly price actions.
Monthly Chart:
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AUD/NZD long term range market, going down

Situation:
On the long term prospective, the price is trapped between a strong support and resistence level.
The price was rejected from those levels several times, as shown on the weekly chart.
My expectation is for the price to continue to move lower in the direction of the support level.
But first i expect i little retest of some short term resistence levels.
Expected rate: 1.060
Weekly chart:
On the weekly chart i pointed out the main support and resistence level
Daily chart:
A possible …
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Shuael avatar
Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

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GBP/AUD Forecast (Updating)

Hello all
Today I will update my prediction for GBP/AUD cross. At this right moment pair mark: 1.1265
As we can see on chart below, this pair will start its expected retracement until first support line.
We can also watch the approximation of the interception of the longitudinal line up with the line of resistance: we call it the moment of decision. If rate breaks upside then will probably reach the area 2.1500 and 2.1700; by the other hand if it breaks longitudinal line then next support 2.1030…
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Daily Fractal Pattern suggest further downside in August

The GBPUSD has been quite bullish since bottoming mid April. As of late, however, the pair has been struggling to make any significant weekly advances.
There is a pattern that has already been seen on the daily chart, that has now appeared in fractal form on the 4H chart. On the daily it marked a point of turn in price, and the expectation will be the same for 4H, which can trigger further bearish price action in the month of August.
Levels
1.5690 - July 29 Spike high ** Key resistance and patte…
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WallStreet6 avatar

I'm also anticipating the cable turning into bearish trend, but first I thought it was going to appreciate.  But maybe you're right that the bullish sentiment is running out.

Jignesh avatar
Jignesh 2 Aug.

I agree WallStreet6 .. I've been long this pair for over 3 weeks now.  Was expecting a lot more upside than we've seen.  Looking for an pullback towards resistance early week and then the bearish trend to start.  A break above recent highs would invalidate my wave count.

Jignesh avatar
Jignesh 7 Aug.

This week we've had 2 big moves in the GBPUSD. First was after a weaker than expected MPC Vote, it triggered a nice selloff in the pair, and then surprisingly today after a weak NFP number, it caused another sell off.  Currently we are trading at the daily trendline, which has provided some support for the pair.  Will be looking to see if the pair catches a bounce here, before it continues selling off next week.

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CAD/JPY- Plummets!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget ,Fibonacci Retracements,EMA:3,5,13,21,50,100,200.
Current Level : 92.39

CAD/JPY encountered a Resistance at (101.05) after a strong bullish trend of 2800 pips that started almost two years ago. From there as can been seen on the chart, there where 4 consistent attempts to break lower 92.00 level unsuccesfull though, and that helped formed a small range area between (92.00 )& (97.50 ).
As you can see the pattern analysis widget identifie
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Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1: WRONG DIRECTION

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EUR/SGD- Channel Up


Charts: 4Hours, 1 Day.
Elements used: Support & Resistance Levels ,Time Markers, MACD, EMA 200,100.
Current Level : 1.6808

EUR/SGD since early 2012 started a strong bullish channel which can be seen now very well on the chart below.Despite that sharp break up of the channel the trend formed higher highs and higher lows as can be seen very clearly.I expect a strong euro for this year's end so the price should continue it's bullish trend and settled a bit higher next year. I predict for 2nd Janu
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Metal_Mind 26 Dec.

UPDATE 1 : The direction is definatly good but the pair didn't done yet the retracement that i expected. Current price level is 1.7379 which is over 400 pips above target.

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