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Looks like an end to USD strength

It looks like an end has come to Usd strength
Trump - in his first speech - did not mention any monetary policy
The Usd, and the market has perceived this as a weakness
Usd has been on the way down since the failure by Trump to mention
anything about markets
I believe we might go below 110 against the Yen from here
Eur should be on the way up now
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GBPUsd falling ahead of threat of Brexit

GbpUsd is falling fast triggered by fears of Brexit
Brexit of course being the case of UK leaving the Eurozone
Things are looking very bad indeed for the pair as we see on the weekly chart, first;
RSI_14 is really weak and heading to oversold without reason to bounce
because we see the RSI trend is holding the price down (red line)
Two large weekly candles down give us reason to believe in further decline,
as there is currently no reason fundamentally or technically that the pair should turn bul…
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EURUsd on the way down again

EurUsd seems on its way down again towards support

I will explain why I think this, but first I need to share something
Note: From now on I will be using DiNapoli based indicators when doing my technical analysis
I will explain them now, and refer future questions about my indicators to this post, here goes:
For momentum/market direction I am using DiNapoli based Stochastic and MACD
A combination of these two indicators is used to determine if market is bearish or bullish
i.e. if they both poin…
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AdamFx42 27 Feb.

For clarification: the SMA 3x3 is the line that is green when trend is up and red when down,
the SMA 25x5 is blue when trend is up, and red when trend is down

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AdamFx42 27 Feb.

For larger view of the charts go here:
https://www.dropbox.com/sh/be10e2p3zongdmw/AADfdHxKgHY_HlSz_1IM0t80a?dl=0

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AdamFx42 29 Feb.

Pair moving below 1.09 now for starters - bearish pattern

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AdamFx42 2 Mar.

Pair is testing 1.08, I expect it to break to the downside soon

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AUD/NZD closing in on weekly fibonacci expansion level

Aud/Nzd is moving towards 61.8% Fibonacci Expansion level on the weekly chart
Both Aud and Nzd have weakened the last couple of weeks due to economic situations
Aud however, seems to be the weaker currency at the moment,
this is reflected in the Aud/Nzd chart
On the weekly chart we find a nice fibonacci expansion playing out - the 61.8% level
of the last move down seems to be a real target here,
the RSI_14 is below 40, and it point to another move down
Aud/Nzd weekly chart
As I write this …
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AdamFx42 28 Mar.

support area has held the move down and we are moving up towards target area now

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AdamFx42 8 Apr.

Pair broke my combined support area, and came close to parity
Now move back up should follow, parity now support level

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AdamFx42 29 Apr.

Support area turned out lower than I expected,
but as you can see on my daily chart the action continued after the lows as I predicted,
price is now exactly on my target

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AdamFx42 30 Apr.

holding on target - just 10 pips below now

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ended about 20pips higher - not bad

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