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EURJPY

EUR/JPY had a small rejection from the 50% FIB level yesterday evening. Today it continued to the downside. At this moment the 50% FIB appears the to give some resistance. This is no trade advice, just my analysis.
Have a great trading week all!
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GBP/NZD

Hello all community,
GBP/NZD mark: 1.7940
Forecast: Down
Key points:
Resistance: 1.7940
1st Support: 1.7804
On chart:
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EURcad signal

The pair Eurcad is trading around 1.40480 price. The next goal bearish target is at 1.39332.
Have a good week end!
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BUY USD/CAD

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US Dollar Vs Swiss Franc VIew

Chf Is Consolidating. I Think , This Week , The Price May Continue Growing Towards 1.0280 and Then Return to 1.0200. After That , The Pair May Continue Growing Upside To Reach 1.0420 .
This Chart is Also Saying us That It Will Retrace Now From 1.0310 Price To 1.0230 Level
I Hope My Target Will Reach Soon .
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GBPUSD UP

The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to follow that correction. As shown on the chart; upward breakout of the 1.60s levels will create more demand for buying the sterling against the US dollar which would accelerate the move toward 1.65s levels. Therefore, the bearish bias will be preferred in the upcoming sessions unless breaching 1.5730 level and holding above it, where the price targe…
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EUR\USD - Where Do We Go Next?

The pair has reached 1.1370 level which back in 2003 was a major support level.
What's next?
First, a mild and short lived rebound as EUR\USD is extremely oversold(RSI 16). I see a resistance at 1.1420 & 1.1460 but in my opinion it will be only as high as 1.1420 level
Once the pull back is completed the next target for the pair is 1.1290 area. I'm quite optimistic that we'll reach that next week.
Hope you all made millions today
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GBP/USD is still on its way down

Gbp/Usd seems ready for a leg lower
On the weekly chart the RSI and the MACD are both very bearish
A possible target for the pair is the 61.8% fibonacci retracement level
from the last big weekly move up - this level lies just above 1.57
Gbp/Usd Weekly Chart
If we take the last move on the daily chart,
the 61.8% fibonacci expansion level lies around 1.59, and the 100% level below 1.57
The 61.8% level lies below previous lows - but not far below - and will probably be taken out
in a strong move d…
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AdamFx42 19 Out

Gbp/Usd is supported around 1.6 at the moment - need this level to break to lead it down further
If 1.6 does brake, there is no further support until my target

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AdamFx42 30 Out

1.6 has been broken to the downside again - and with it the 50% fibonacci retracement,
if price stays below 1.6, then the next target should be the 61.8% retracement

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Weekly 50% fibonacci retracement level has been broken down together with 1.60 now
Price has bounced from the daily 100% fibonacci expansion target I drew on the daily chart
and another move down is needed to break it again

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AdamFx42 15 Nov

Break has occured, and the price followed the action that I predicted on the daily chart
but has broken the resistance area around 1.57 that I thought would hold it
The low is around 1.56 - this is below weekly fibonacci 61.8% support,
so I will need a bounce to come near my target

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AdamFx42 26 Nov

No real bounce, and price is just above 1.57 now, a bit higher will bring it close to target

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Monthly trendline and Daily Head and Shoulders for CHF/SGD

First thing that I noticed about this pair was the beautiful trendline up on the monthly chart:
Chf/Sgd monthly chart
I don't think that this trendline will be broken to the downside any time soon,
because CH are keeping their currency down
The pair is currently bearish, and that could have to do with a Head and Shoulders pattern on the daily chart:
Chf/SGD daily chart
The target of this pattern is around 1.35, and has not been reached yet,
the target area is still way above the monthly trendlin…
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AdamFx42 27 Ago

It is cool, isn't it?  -- predicting the future  :-)
I think what you do is cool -- gogo girl  +1

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Price has barely moved at all yet - still I can wait  :-)

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AdamFx42 11 Set

I guess I was right - daily pattern is completed,
the price is now just 6 pips below my target

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AdamFx42 16 Set

price holding just above my target now - still good :-)

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AdamFx42 23 Set

price still holding just above my target - just a little higher now - about 20 pips

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EUR/NZD -W pattern!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
  • Prepared with : JForex 4.
  • Current Level : 1.5866
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