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Long term bias is still long on AUD/USD

Daily analysis

My long term bias is still long on this pair.
The structure seems to be finished now, we have a nice corrective channel at the 0.61 fib retracement.
From the EW perspective i think this is a series of 1-2s.
A potential target is at the minor rising channel shown on chart currently around 0.6975.
0.7295 should remain intact for this scenario to remain favored for me.
weekly analysis

After completing a retest towards the potential reversal zone I outlined in my previous analysis…
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Clear Image of Bearish trend on GBP/USD

Daily analysis

GBP/USD opened the week at 1.5433 and touched a high of 1.5507. The pair then reversed directions, dropping to a low of 1.5302, as support held firm at 1.5269. The pair closed the week at 1.5309.
Technical lines from top to bottom 1.5825 was an important cap in November 2014. 1.5769 is the next resistance line. 1.5682 was a key resistance line in December 2014 and January 2015. 1.5590 is the next line of resistance. 1.5485 was a cap in the first half of September. 1.5341 continue…
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USD/JPY facing a strong trend line resistance

Daily analysis

USD/JPY facing strong trend line resistance around 121.50 (trend line joining 121.22 and 121.48) and any break above confirms further bullishness, jump till 122.40 is possible.
On the downside minor support is around 120.98 and break below will drag the pair till 120.50/120.30/119.95 in short term.
Further weakness can be seen only below 119.60.
It is good to buy only above 121.50 with SL around 120.98 for the TP of 122.40/123.10.
weekly analysis
USD/JPY opened the week at 119.30…
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EUR/USD forming a bullish harmonic pattern

Daily analysis
EUR/USD has broken trend line resistance around 1.1010 (trend line joining 1.0975 and 1.09846) and break above confirms bullishness, a jump till 1.1095/1.1125 is possible .
The pair's minor resistance are around 1.1038/1.1070
On the downside minor support is around 1.0950 and break below targets 1.0920/1.0900 level.
Further weakness only below 1.0850, It is good to buy at dips around 1.0985-990 with SL around 1.0945 for the TP of 1.1038/1.1070/1.1095.
weekly analysis
A …
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