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Type: Posts; User: Beatmd

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  1. Thread: USD/CAD Forcast

    by Beatmd
    Replies
    8
    Views
    5,198

    The pair confirmed a very strong closing even...

    The pair confirmed a very strong closing even well above the 200 days line, now support at 1,0894. Possible further strength toward the 1,10 level! The indicators of the daily chart are already above...
  2. Replies
    53
    Views
    18,833

    The pair confirmed this morning a small reversed...

    The pair confirmed this morning a small reversed S_H_S formation in the hourly chart starting a small correction that should confirm a test of the 200 hours line at 1,3172!! The closing last night...
  3. Replies
    225
    Views
    28,824

    EUR/JPY continues to hold just below the 200 day...

    EUR/JPY continues to hold just below the 200 day ma at 139.12 and for now me will maintain a neutral to negative bias. The Elliott wave count is suggesting that this is the end of the corrective wave...
  4. Replies
    53
    Views
    18,833

    EUR/USD’s rejection of price from the 55 day ma...

    EUR/USD’s rejection of price from the 55 day ma at 1.3693 has been quite emphatic and reinforces my view that the market has topped here at 1.3701. The 20 day ma at 1.3605 should offer only minor...
  5. Replies
    53
    Views
    18,833

    Higher prices should be likely in the next few...

    Higher prices should be likely in the next few weeks, but we cannot rule out a mild decline in the coming days. Prices arrived at the strong short-term resistance area 1.3675-1.3690, with the...
  6. Replies
    53
    Views
    18,833

    EURUSD saw a choppy end to last week, settling...

    EURUSD saw a choppy end to last week, settling into a near-term sideways range. However, the 200-day average at 1.3668 continues to cap and while below here and more importantly 1.3689/90 – the June...
  7. Replies
    53
    Views
    18,833

    EURUSD reversed early strength yesterday to weigh...

    EURUSD reversed early strength yesterday to weigh again on the current range lows. This keeps the immediate risks bearish for an eventual break below the 1.3503 spike low to expose more important...
  8. Replies
    5
    Views
    3,707

    Rally has remained capped by the channel...

    Rally has remained capped by the channel resistance, allow for 1231.15/1228.31 before.
    The reversal ahead of the 1231.15/1228.31 support area. (the January 23 low and the 78.6% Fibonacci...
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