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EURUSD HITS 6 MONTH LOWS

The EURUSD made new six month lows today, in a thin trading day but managed to rebound at the 1.2630 level. The bearish momentum is still in tact as political uncertainties in Italy place clouds above the common currency, stay short as long as the pair is trading below the 100 hour moving average.
Keep calm and trade responsibly...
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EURUSD keeps the positive tone

EURUSD keeps the positive tone and today with the pair making an attempt to break above the 50 day moving average which will give the upper hand to bulls at least for the short term. On the downside a break below the 1.17 level will scary buyers away and it is possible to test the support at 1.1660 On the macroeconomic front German Gross Domestic Product (GDP) matched analysts estimates at 0.3% for the first quarter of 2018, a figure that definitely can not inspire the buyers.
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GBPUSD long term bearish

The pair broke below the 200 day MA turning the longer term momentum to bearish. I will sell the rebounds, and i will not try to catch the rebound. On the upside, the 1.3600 level continue to be the first hurdle and is followed by resistance near the 1.3630 region, above which a short-covering might continue to lift the pair further towards reclaiming the 1.3700 handle. The 10th of May will provide a rate announcement for the GBP. However, there is virtually no chance of a rate hike so any rebou…
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EURUSD breaks below 100h MA

EURUSD breaks below 100h MA after Draghi disappointed the euro bulls. Now the pair is targeting 1.23 level where some buying interesting will emerge. Stay short as long as the pair is trading below that moving average.
Keep calm and trade responsibly.....
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EURUSD

EURUSD made the correction that i was waiting for today and went back to 1.22, which proved a support line, and attracted some buyers that have missed the recent rally. As the bullish momentum is still intact bids drive the price up to 1.2230 and now is trying to regain the 50h MA at 1.2240, which will add more buyers to the game.
Keep calm and trade responsibly....
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GBPUSD

GBPUSD is under selling pressure today, after the pair hit the daily high at 1.3286 sellers took control as the Brexit negotiations continue. GBP managed to find support at the 50 day MA and is recovering some pips. If that support holds i expect a move towards 1.3220 level
Keep calm and trade responsibly....
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GBPUSD

GBPUSD regains bullish momentum breaking above the 50hour moving average and also breaking above the 50 daily moving average after rumors that EU may offer UK a 2 year transition period, stay long as the pair is trading above 1.32
Keep calmm and trade responsibly.....
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EURUSD

EURUSD keeps the positive momentum today for third day as EUR relief came from Catalunia president. Short term bullish is well intact as the pair trades above the hourly averages and now is testing the 50 day moving average, a break above will give the bulls the upper hand targeting 1.1862.
Keep calm and trade responsibly...
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Bitcoin

Bitcoin is in a clear bullish path and soon will challenge the all time high area at 4921. It looks like the Catalonian leader speech add more confidence to the buyers, and sent the cryptocurrency to new daily highs. Bitcoin is trading above the 50 day moving average and after today’s run gives a clear signal that is ready to break the all time high.
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Watching list for next week

Here is my watching list for next week:
UK Trade Balance on Tuesday at 9:30 GMT
FOMC Meeting Minutes on Wednesday at 19:00 GMT
ECB President, Mario Draghi speech on Thursday at 15:15 GMT
US September CPI, Retail Sales on Monday at 13:30 GM
So be careful before and after the announcements.
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