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GBP/NZD – BEARISH ENGULFING PATTERN

It seems that today, a strong trend-turning figure is clearly being drawn on the daily chart in this currency pair, after a bullish rally from 1.7400 levels.
Specifically, it is a bearish engulfing pattern:
If today closed below 1.94800 we would have confirmation of this change in trend.
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EUR / AUD - Primary channel


In yesterday's failed prediction we saw how the currency pair drilled the secondary channel without major problem. It is normal in trading, sometimes you win and another you lose. You have to assume that, and learn from mistakes. Although this is more easily assimilated when we have good risk management, both the distance of the stops and the size of our position. When our trading plan is optimal, it is normal to recover what was lost in one or two days at the most. And sometimes, after our los…
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EUR / AUD - testing upper channel area

As you can see in this currency pair, a channel has been formed pivoting around the 62% Fibonacci retracement line in the last three weeks, which has worked very well with both resistance and support at the base of the channel.
For the first time since November 3, it seems that the upper part of the channel is going to be tested as resistance, so it is most likely that there will be a turn close to 1.5310 level, to return to 1.5215 prices, and see if a new impulse is produced, or the correction…
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EUR / NZD bullish divergence

Without entering too many complications or deep analysis, we can clearly observe a divergence between the price chart and the MACD indicator in the EUR / NZD currency pair, of bullish component. In this sense the buying positions begin to unbalance the balance in the buying orders with respect to the bearish ones, although they are still not being reflected in the executions, and therefore in the prices.
Therefore, in the next few hours there should be a small intraday impulse of about 50 pips.
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EUR/JPY – Next week analisys

In this 4hour chart we can see how we have moved in a lateral trend range during the summer. In mid-August we saw how the support at 1.28050 and the lower channel served as a brake to drill it and move to the intermediate channel. We also see that in addition to the above factors, a bullish engulfing was formed that served as a trigger for the rebound. Today after trying the support of the bottom channel, it tried to form the same figure, but finally has not been achieved, so we will place an or…
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GBP-USD weekly top confirmation

Yesterday we did the analysis based on a 15 minutes chart, noting that we were seeing the possible weekly top in this currency pair, and that from there the bearish pressure would increase. But in the same analysis we also pointed out that we would attend several attempts to overcome this resistance, before confirming a bearish turn or weekly take profit.
That prediction was confirmed, skipping our entry order, but the same photograph was repeated almost identical to yesterday, with the differen…
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GBP-USD Weekly top

Como vemos en esta gráfica de 15 minutos y salvo que haya una noticia Macro de importancia parece que estamos asistiendo a los máximos semanales de este par de divisas ya que en el indicador MACD se ha producido el primer cruce en las Medias Móviles y el oscilador ha entrado en valores negativos, por lo que la presión bajista está empezando a imponerse.
But for us to see a correction of the trend and not a simple take profit, will have to re-occur a new moving averages crossing with negative slo…
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GBP / USD - Start of a bullish trend

In this daily graph we see how from the floor formed during the week after Brexit in October of 2016, until the middle of January of 2017, that returned to reach that minimum forming a historical support (because of it is the minimum value reached in this currency pair), an uptrend began, which throughout this year has been perfectly respected.
And it is in this last month when more has been put to the test:
First drilling this line to lean slightly lower in another important support, and which …
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EUR / CHF seeking maximums since 2014

We can see in the daily chart as there is a short-term trend in search of highs since 2014 reached the first week of this month at 1.15410.
If that happens, the most likely scenario is that there will be a correction looking for the background bullish trend about 1.12740.
This forecast coincides with the MACD which also anticipates a rise in the short term, and a subsequent correction according to the slope of moving averages.
Therefore we place our entry order at 1,14550 with target at 1.15400;…
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USD / CHF - Hammer or Dragonfly Doji

In this daily chart we can observe two things.
One, that observing certain signs of technical analysis, we are close to a rebound within a downtrend looking for the top of the resistance of that trend.
This signal is accompanied by a divergence with the MACD indicator Moving Averages.In addition we can see how the volume has increased in the last 3 sessions, which usually indicates a one-way momentum, or a trend change, as these new market operators, or they unbalance the market forces in an ind…
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