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GBPJPY

Today I am showing the GBPJPY for you guys. You can see that the price was moving sideways in the last couple of weeks.
The price is in a channel right now, just touching the upper line. I would stay on the short side at this time, but you never know...
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AUDUSD short

Today's chart is AUDUSD. You can see as the AUDUSD broke below new lows, it has retested the previous low, and continued down.
I would recommend trading on the short side now, but decide yourself.
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EURUSD rally

As you can see guys, the eurusd started to rally. A corrective phase is in progress now, so taking longs can be good idea, if u trust your old friend the TREND. But sometimes what seems to be a correction, is a reversal in fact... Just be careful guys and don't risk too much whatever u do.
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CHFJPY WEEKLY

Today I will post CHFJPY weekly chart. You can see on the chart that the CHFJPY has tested the blue line several times, therefore we can be in a potential support zone.But it also can be viewed as Head And Shoulders pattern, and if price breaks below the neckline, we might see CHFJPY moving down.
You can decide
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Sell eurusd


As you can see the EURUSD entered into a triangle, and it looks like it might break out downward.
No support downwards, so selling seems to be good idea here.
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EURUSD CHANNEL

You can see as the eurusd entered this channel, and reached the top of it now.It should mean the it goes down soon....
But it can break out upwards , and we might see it moving up.
I let u decide it
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EURJPY WEEKLY

Today I have chosen EURJPY weekly chart.
What is interesting, is that 2 congestion zones appear close to each other.
I was reading a book on how to trade using Elliott Waves, and the author says go with the trend who is always your friend.
So based on what he says, we should go long. Are we going to buy though?
I let you decide.
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Quiet markets

Volatility was really low today, it is difficult to say anything these days. And it is even more difficult to make money,
but of course we never give up
Today I have chose the EURUSD monthly chart, and you can see the interesting formation below
It might move down to test the bottom trendline...
Or is it testing the previous resistance levels and will continue up?
I let you decide...
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EURUSD DAILY ANALYSIS


It looks like that we are breaking out on the downside on EURUSD after a correction.
Shorts are recommended at this point with stoplosses placed around 1.1705
Waiting for a break below 1.1575 might be a good idea though. TP can be placed at 1.14
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Trading signals, ideas

Here we can see, that the EURUSD entered into a corrective phase
So selling can be a good idea, but buying can be good idea too, if it goes up.
Pay attention to NFP today, as the USD will be volatile today, so use stoploss and hope for the best!
The British Pound has weakened after the BoE decision yesterday, and correction might be due, but you never know. It might go down further.
Happy trading!
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