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EUR/USD

The EURUSD pair provided sideways trades to approach testing 1.2304 level, ending today’s trading below it, which makes us keep our bearish overview for the upcoming period, reminding you that our main target is located at 1.2160, while stochastic reaches the overbought areas’ thresholds to support the expectations to decline
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EUR/USD

The EURUSD pair tested 1.2304 level and keeps its stability below it, to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, waiting to target 1.2160 level mainly, reminding you that breaching 1.2304 will lead the price to regain the main bullish trend again.
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GBP/JPY

The GBPJPY pair confirmed its affection by the bearish bias domination, reaching the moving average 55 confirming the stability of the resistance at 150.80, therefore, we will keep waiting for renewing the bearish attempts and targeting 147.35 level, easing the attempt to test the main bullish channel’s support at 146.00. Stochastic continuation for providing negative trading below 50 level increases the negative pressure by the continuation of providing the negative momentum, to ease the attemp…
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