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NFP impact

NFP of US is at 223 k against the street expectation of 189 K should give a boost to US currency and we may expect Eur to trade sub 1.5k in a short time. However, The correction in the past 2 weeks in Eur/USD seems to have been absorbed! Any trade above 1.1730 zone in Eur/USD may result in bullish trend. For all the bearish positions, a close above 1.1750 on 4 hour candle may be stop.
Japanese Yen above 110 may witness further uptrend as it is currently working as inverted shoulder. We may also …
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NZD/USD prediction


On a 30 mins chart, nzd/usd is making lower highs. how ever, triple bottom 0.6990 zone shows some bullish pattern. once the pair starts trading above the trendline and breaks above 0.7040 we may expect bullishness in this pair and expect 0.71 for intraday and 0.7135 for next day
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It happens only to me! :D

Yet again, my short level turns out to be support and my stop becomes the resistance. If you want to success in trading, just follow me! but don't copy my trade but reverse trade. You will end up in top 20. Good luck if you decide to
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then i will subscribe you

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EUR/USD what's the destiny

Eur is currently trading near 1.1 zone which I think is hard to break. I am expecting some weakness before a break above 1.1 zone. Trying to catch the top, placed a sell order at day's high with low risk but high return. Lets see where it's heading to. Using the weakness in the eur also selling the eur/jpy.
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Back to square1

Egoistic trading brought me to square 1. I need to start over again While everything fell, euro and pound gained. and i lost. I shouldnot have kept 200+ pips stop.
Now starting over all the way again.
US election result hit hard to me. Planning to pause trading for the time being and start over from next week.
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Analysis

As expected, yesterday's movement in euro and pound were bearish. Expecting the market to be bearish ahead of US election result. Seeing a resistance at 1.1060-1.1065 zone, Euro may test 1.095 levels and pound can test 1.2250 levels, once it start trading below 1.238 levels.
Today's support for pound is seen at 1.2345, 1.2305 and for euro it's 0.1 and 1.097 levels.
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Previous comments review

In the past two days i had expected swissy to be strong and usd/chf would test 0.97-0.96 and the pound to be strong after an accumulation it would rally to 1.25-1.27
I was expecting those prices to reach in a week but lol! both of my expectation the next day itself.
I was expecting usd/chf to reach .97-0.96 but the low tested was .9694 zone
Again my targe gbp/usd was 1.25-1.27 and the high was just a 6 pip short of round off number.
I went long in gbp/usd and gained 236 pips in contest exited at…
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Pound resting

Post Brexit, Pound corrected sharply and now for the past one month it's range bound. I am seeing a lot of accumulation at this point. I am bullish on this pair. Expecting pound to test around 1.25 and 1.27 in the nearest future. How ever, We should keep an eye on the NFP outcome.
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USD/CHF analysis


Expecting the Swissy to be strong henceforth and we may see around .97-0.96 before Friday. After making a Head and shoulder formation in the previous week, it may head to 0.97 by thursday. USD is at top now, any we may see some correction in USD.
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Non farm payroll

Mother of all fundamental news non farm payroll has come at 160k, where as the street expectation was 203k. This is actually a bad news for USD. Inspite of this most of the pairs are in red.
By the end of the month I am expecting EUR/USD to test 1.1150, GBP/USD at 1.42, AUD/USD at 1.71 and NZD/USD at 0.66 All through the month USD will be strong.
Now that my bal is at 33k, doubt to continue trading this month. Happy trading guys.
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