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Lastest Forex Analysis News

EUR/CHF Candlesticks and Ichimoku Analysis
Despite last week's anticipated decline to 1.1783 (our short position entered at 1.0990 met indicated target at 1.1790 with 200 points profit), as the single currency found decent demand there and has rebounded, suggesting consolidation above this …
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AUD/USD Forex Technical Analysis – October 16, 2015 Forecast
Despite the uptrend on the daily swing chart, counter-trend selling pressure is helping to drive the AUD/USD lower on Friday. The short-term range is .7381 to .7197. Its pivot at .7289 is controlling the short-term direction of the market, making it …
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Forex technical analysis: USDJPY in its own box
It is no secret. The USDJPY is stuck. If I were to look at the daily chart and ignore two false breaks, the pair remains within an ever narrowing triangle. with 120.55 on the topside, and 119.42 below. Friday, the pair broke lower after the important …
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USD/JPY Candlesticks and Ichimoku Analysis
Although the greenback tumbled last week to as low as 118.06, lack of follow through selling on break of previous support at 118.25 and the subsequent strong rebound suggest low has possibly been formed there (with a hammer candlestick pattern on the …
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