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CADCHF is expected to breakout upside

Swiss Franc has taken lot of measures to devaluate their money as it is highly overrated. Now, as it started paying off little bit, I expect this pair to continue the current bullish channel and perform higher. Please find below the chart analysis,
Weekly chart:

- Since 2015 January bottom, this pair has grown good until 0.785 range which shows that this pair is stuck in 0.69 - 0.78 range
- As recent try to pull the price down was failed with a Doji and further movement towards higher suggest t…
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This pair is just doing just fine but the price is moving faster than expected and mainly it seem to be because of Swiss franc slowness.

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Oil price dip is causing all sorts of trouble for CAD. Moreover, Swiss appreciation over Euro's ECB decision helps in widening the above expectation.

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AUDJPY is expected to breakout upside

Australian dollar has largely hit by the Chinese economic crisis for last 2 quarters and also the internal economy and Inflation. As things are slowly recovering back, I expect this pair to go strength to strength but slowly. Please find my analysis on charts.
Weekly chart:
- As shown in the chart, because of high selling pressure during last 2 months, long term support level 86 has been breached by this pair.
- But things are looking better at the moment, as this pair again started to break up…
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Aussie dollar has started it's bull run against all the pairs more than what has been expected. Hence it may seem like this pair may finish little above the expected value unless if Chinese deteriorates again.

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Aussie is in little consolidation stage now after producing two consecutive blockbuster employment report. We may expect a bullish Aussie again, post FOMC meeting next week!

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Aussie has completely gone down and hence reaching the set target may not happen if Aussie continue to be dull!

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USDJPY is in range trading with more upside pressure

USDJPY is circulating around known zone for couple of months and it is expected to continue the same till FED's decision on Interest rate. Please find below the chart analysis,
Monthly chart:
- It clearly shows the strong price action near 124 price range, as 2007 data declined at the same level. Hence it will be considered as a strong Resistance
- Price around 115 range has been a strong support for this pair, as there is no threat yet to go below this area.
Weekly chart:

- Weekly cha…
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As expected this pair again advances to 123 price range but failed to stay there for long time and now came back to below 123. I am expecting this see-saw to continue!

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This pair is moving just as expected. As mentioned in the post, 124 price action plays an important role and breaking the price above need more hawkish strength from US. Hence this pair may match expectation, as USD and JPY showing similar strength.

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This pair is just trading in the expected zone now. Unless the new events cause any huge move, there is a high chance that USDJPY will finish close to the expectation mark!

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This pair is perfectly setting up for good finish, as it is currently trading around 122.5 range. As, big market moving news events are absent till Monday, it is highly expected to finish in this range itself.

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If BOJ Kuroda gives some hawkish statement, then this pair may come back to it's trading range to 122.5 from current 123. Lets wait and see!

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EURGBP is expected to go bearish

Fundamentally GBP is resuming on track for bull run and hence I expect this pair to go bearish in next month. Please find below the chart analysis,
Weekly chart:
- Exactly around 50 SMA, the sell pressure has increased and it shows that downtrend resumes but slowly
- Based on the price action, we can clearly see that this pair is trading with solid support and resistance which is hard to breakout
Daily chart:
- Double top decline suggests that breakout is not possible and bearish turn has star…
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Because of continuous dovishness from Euro, this pair gone down heavily more than expected. But still because of recent weakness in GBP fundamentals, this pair may trade in indecisive manner for some days!

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EURO's weakness on Draghi's speech made more bottom run than expected. Still if Euro gets new life in next week, then this pair may near the .72 price range!

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After crossing bearishly below 0.7 mark and moving in 0.69 range, this pair is slowly recovering and trying to stay above 0.7. If this recovery continues, EURGBP may finish close to 0.72 price action,

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A long waited big correction is still pending with EURO before Draghi takes the stage. It's highly possible that Euro will appreciate tomorrow or Monday. If that happens, this pair is capable of trading around 0.72 price.

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If Monday German data helps and GBP's depreciation continues, then this pair has every chance to resume back to 0.72 price range!

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EURJPY is slightly bullish

EURJPY is setting up nicely again for a bullish run, even though economic slowdown may slow down this bull run as well. Please find below the chart analysis,
Weekly chart:
- This pair is trading in a range since May and it is yet to breakout from this region
- There are lot of upside pressure showing more solid move as well as consecutive Doji's, but because of the EURO economic situation the this pair was unable to break out.
Monthly chart:
- Chart is showing two trend observation. But previou…
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Movement is well within the range!

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EURO's weakness on Draghi's speech made impossible for this pair to recover!

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EURCAD to trade sideways

EURCAD is trading with strong Support and Resistance level and it is expected to continue, as both the country economic situations are similar. Please find the chart analysis,
Weekly chart:

- This pair has strong support and resistance as the price action also suggests the same
- It is expected to continue forming a range trading within this drawn support and resistance level
Daily Chart:

- Daily charts also predicts the same with several decline on support and resistance level
- It creates a…
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So far, the price movement is within the expected range!

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Because of continuous dovishness from EURO, this pair has gone down more than the expectation. But again, a long await bullish pull back move is pending from Euro which may help my prediction to achieve it's target!

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Prolonged dovishness from EURO making the technical expectation failure. This pair doesn't seem to be coming above 1.45 range in any near time!

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CHFJPY to form a range trading after a bullish move

CHFJPY is expected to move little high before forming a range trading. Please find the chart analysis,
Weekly chart:

- In longer trend, this pair is maintaining a good support in it's trend as shown in the graph
- Considering the previous small red candles and current green candles, this pair expected to go bullish as it just hits at it's pattern bottom
- Parallel dotted line is expected to be the upcoming resistance which is just below 129
Daily Chart:
- Price is just moving over 50 SMA and e…
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It's moving nicely as expected!

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Swiss franc has almost given up against all of it's pair and hence it is well below the expected value and it may go even low.

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CADJPY to go bullish

CADJPY is expected to go bullish, as Risk on strategy is slowly catching up. Please find the chart analysis,
Weekly Chart:
- Candlestick pattern clearly shows the bullish trend signal and reformation of RiskOn strategy
- Expected to form a bullish pattern as shown in the chart
- 1st Bullish target is 95 range and expected to be in that range for sometime before reaching the 98 range if bullish trend continues
Daily Chart:
- Representing a double bottom which is aided by increase in OBV suggests…
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Retracing more early than expected. Lets wait and watch!

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This pair has formed a range trading and it may seem to finish well below 93 itself, as JPY started strengthening as well!

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EURUSD is slightly bullish and trading in a Range

EURUSD is expected to be slightly bullish considering most of the economical risks around EURO has lessen. Please find the chart analysis,

Weekly chart:

- This pair is setting up nice range since the Greek problem and expected to go slightly bullish like the chart suggested
- As the chart shows that downward pressure is low, this pair is expected to be above the half range in the pattern
- The next possible upward movement would be to touch the previous Upward Doji, but it will take some time
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So you are expecting this pair to go more bullish by November right... I also expect it to go more bullish fundamentally because FED dovish stand... But technically I am expecting it to finish in 1.14 - 1.15 range... Let's see!

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As I expected, there is a bottom hit this week... Hope this pair recovers as expected!

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Because of continuous dovishness from Euro and US dollar strength, this pair is widening from expectation by large number. Lets wait and see!

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moryak 14 Nov

Неделю 16 - 20 ноября 2015 года  закончит на 1,0950 и далее вниз.. Месяц ноябрь закончит в районе 1,02

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To reach 1.02 level is highly unlikely... Euro is not that weak!

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AUDUSD is expected to form a range trading

Monthly chart:
- Monthly chart is in clear downtrend as it falls well below the 50 SMA
- Bearish price action (small red circled) is comparatively smaller compared to the earlier (large red circled) showing that instead of retracement, this pair would create strong support/resistance to move for some time
- Considering the last 2 red candles ending up with Doji, the price is expected to move around this area for coming months
Daily chart:
- As in Monthly chart, Weekly chart also shows the reduc…
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Aussie dollar has started appreciating against USD, hence forecast might widen if Chinese economy and Aussie economy back on track!

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This pair is moving as it is expected so far and still very much in sight of the target. If Chinese data deteriorates again, then this pair value may widen from the expectation. But I hope, in any case similar surprise movement may be expected from USD!

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Australia is driving rapidly since the employment news event. Accompanying that, commodity price helped them to move even higher till Wednesday. But now, since the "Private capital expenditure" fall, this pair may come down and trade in 0.70 region from current 0.72!

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This pair is slowly coming out of the 0.72 region. If upcoming China data and Australia's Interest rate decision helps, this pair may reach the 0.705 mark!

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