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EURJPY

MACD indicates that momentum is improving, but it remains in Bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 119.00 I expect the pair to be trading near 116.00 towards the end of the forecast period which will conclude on the 2nd of January, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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EURUSD

MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 105.75 I expect the pair to be trading near 1.0900 towards the end of the forecast period which will conclude on the 2nd of January, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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GOLD Up Trend Next Month

Charts: 4HOUR,

The Gold has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the Gold 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 approach…
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GBPUSD

Charts: 4 HOUR,

The GBP/USD has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the GBP/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 a…
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EURUSD

Charts: Day,

The EUR/USD has corrected sharply after trading inside its horizontal as visible in this daily chart .
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the EUR/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 approach…
Read full story
Translate to Inglese Show original
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GBPCAD UP TREND NEXT MONTH

Charts: 4 HOUR,

The GBP/CAD has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the GBP/CAD 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 a…
Read full story
Translate to Inglese Show original
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AUDUSD UP MOVE

Charts: 4HOUR,

The AUD/USD has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
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…
Read full story
Translate to Inglese Show original
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GBPUSD UP MOVE NEXT MONTH

Charts: 4 HOUR,

The GBP/USD has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the GBP/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 a…
Read full story
Translate to Inglese Show original
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USDJPY

Charts: 4 HOUR,

The USDJPY has corrected sharply after trading inside its horizontal as visible in this daily chart (H4).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the USDJPY 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 app…
Read full story
Translate to Inglese Show original
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AUD/USD UP TREND NEXT MONTH

Charts: 1 HOUR,

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 a…
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ImranMughal99 avatar

In the 4 hours chart, the RSI indicator has turned lower within extreme oversold levels, while the Momentum indicator hovers near oversold territory, as the 20 SMA extended its decline above the current level.
Support levels: 0.6980 0.6955 0.6905
Resistance levels: 0.7000 0.7040 0.7075

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