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Double bottom of the major pair

Hello traders,
I have made some short tehnical analysis on the pair for the Daily and Weekly charts based on some major indicators which are (Bollinger Bands, Exponential moving average and Relative strength index) I also included the Ichimoku overlay chart for some clue on the cloud sentiment if we can say so.
On the Daily chart we can see the following picture:
Here we have 3 bottoms. The price tried to reach unsuccessfully the level 1.15 and after the recent sharp spike of the EUR we can see …
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Basic technical analysis on EUR/USD

Hello traders,
As usual the instruments I use for the technical prediction are BB, SMA and RSI.
First I will try to look at the Daily chart:
It is strange but the interpolation of the crossing of the lower bolinger and the SMA100 are pointing exactly to my predicting point.
RSI is in decline but currently very close to the lower oversold levels. The last day in the last week had a bullish momentum with extremely bad fundamental values for the major event NFP which shows that the correction has s…
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Analysis on the major pair

Short analysis on the Eurodollar pair
I will try to give as more clues as possible on my prediction for the expected rate.
On the weekly chart the price is in a range from the start of year 2015. It is a wide range but nevertheless it is moving between 1.05 and 1.15. Bollinger band shows that the price has hit the upper BB and rebound sharply with a target to the lower BB. This gives us some short term idea that the price can reach 1.05 and if this happens there will be little to stop it from pa…
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EURo round number

For me the price at the mentioned period must be between 1.10-1.107.First of all on the Daily the exponential moving average is turning to upside slope. Currently the RSI for the latest 24 period days is higher than the 50% mark.
I compare this value with the weekly RSI parameter.
Currently the level is under 50 but from the angle of the slope it seems that it could reach the 50 mark approximately at our target. I suppose that this is also the level where eventually the EMA and the price could m…
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The attraction to magic numbers

Prediction for EUR/USD
On the Daily chart we can see that the RSI is rising since the end of November. There were several spikes down and the price have set a new low. Currently the EMA is under the current level which strengthens the bullishness of the pair. The standard instrument for pattern recognition does not find double, triple bottom. But by looking the spikes we can say that it looks like several bottoms test fail.
On the longer term Weekly chart we can see that the price has been rangi…
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