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EURUsd breaks back above 1.12

AdamFx42 Posted 23 June  in #Trader's blog #Eurusd #Recovery #Stronger
Bit of a surprise to me - but EurUsd recovers at the end of the week
I did not see this coming - but EurUsd breaks back above 1.12
just before market close and weekend
UsdJpy and GbpUsd have hardly moved today - but EurUsd did for some reason
It is not clear to me what the driver is here
If EurUsd can hold above 1.12 for the weekend it will look more bullish next week
have a great weekend all!
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Commodity currencies rising up

AdamFx42 Posted 19 Apr.  in #Trader's blog #AUD #NZD #Stronger
There is notable strength in the commodity currencies
These so-called 'commodity' currencies are in fact Nzd and Aud, amongst others
The reason that they are called so is because they usually indicate overall market bullishness
and/or recovery, and are a sign that traders are willing to invest
in more risky trades (i.e. Nzd, Aud, and Gold, Silver and Oil)
We see today that Nzd has broken above 0.70 for the first time in a long while,
and Aud is stronger too
Oil is up, and Gold is recovering from…
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AUD/USD UP TREND NEXT MONTH

ImranMughal99 Posted 31 July as Analysis on AUD/USD, Target: 0.7500, Date: 1st of September, 12:00 GMT  in #Technical analysis #AUD/USD #Macd #Momentum Indicators #Stronger #Horizontal Support
Charts: 1 HOURE
The AUD/USD has corrected sharply after trading inside its horizontal as visible in this daily chart (H1).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the AUD/USD to
rally higher and back into its horizontal resistance zone which is
marked in red.
Indicators: MACD RSI
MACD indicates that momentum is improving, but it remains in bearish
territory. We expect the histogram as well as moving average to ap…
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EUR/CAD-CAD getting stronger!

Metal_Mind Posted 18 May as Analysis on EUR/CAD, Target: 1.4702, Date: 1st of July, 12:00 GMT  in #Technical analysis #Dollar #Support #Bullish #Direction #Rally #EUR/CAD #Zone #Momentum #Stronger
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 0.8141
…
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3 Comments
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Metal_Mind 25 June

UPDATE 1: SPECTACULAR PREDICTION. If we watch closely on the first chart we can see that the price level didnt only continue the bearish momentum as i expected but  it stoped exactly  were i said. I expected the pair to  encounter a strong support at the 1.4525 price level where whe have a strong support zone. As can bee seen now the price level stoped at that point ,retested the area and now is going  higher as i predicted it towards metting its target.

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Metal_Mind 25 June

UPDTE 1: I am very happy with this prediction and if we take into consideration that there is only a 73 pips deviation and several days to go ,this prediction could become really accurate and of very good quality.

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Metal_Mind 27 June

UPDATE 2: The deviation double to almost 140 pips now.

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