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BRENT.CMD- OPEC big bluff for next year !

  • Charts: 1 Day,1 Week
  • Elements used: Fibonacci Retracements.
  • Current Level : 98.679
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EUR-USD forecast next week

Next week will be difficult being in the market, in principle seems that tonight the euro will open below for the situation in Ukraine...And on the other hand next week full of events important, which focus attention and go this week to the par will be the monthly meeting of the ECB and the US labour market data.
Technical analysis as regards the euro began last week without direction, and after several failed attempts to break the resistance at 1,3770, turned down around reaching 1, 3640. that …
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USD/CAD SHORT SENTIMENT

Next week is the sign of a bear in a couple of USD/CAD, we see the closing and punching a few candles in short below triangle. Good Luck!
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DEMO2fMNRc avatar
DEMO2fMNRc 27 July

We have to be careful about a short here. Its not an aggressive break of trend line. Beside there is a confluence of support provided by monthly pivot around 1.0253 and 61.8 fib retracement taken from the May low to july high. Cheers

ivanbgd avatar
ivanbgd 31 July

I have no comment, just excellent target

annatimone avatar

Good point!

alincik avatar
alincik 10 Aug.

I am agree with you ivan excelent target but don't forget to be cautious

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