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Tech Analysis by Alex

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  #41  
Old 08-12-2017, 09:43
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Default Re: Tech Analysis by Alex

USD/JPY
support: 113.25, 113.00, 112.40
resistance: 113.60, 114.00
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  #42  
Old 11-12-2017, 10:39
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Default Re: Tech Analysis by Alex

There is a correction on EUR/USD after a significant fall that took place the last week. The price is testing the 1.1800 round level. I expect the further recoup of the quotes. The growth of the MACD histogram can be a confirming signal. I値l buy EUR/USD, if it fixes above 1.1800. It may move to the 1.1840 mirror resistance level.
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  #43  
Old 11-12-2017, 10:41
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Default Re: Tech Analysis by Alex

I expect the fall of the GBP/USD quotes. The Outside bar PA pattern has formed on the asset, it indicates a bearish sentiment. I値l sell the pair, if it fixes below the 1.3340 support level. It may move to 1.3250.
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  #44  
Old 12-12-2017, 10:19
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Default Re: Tech Analysis by Alex

The current technical pattern indicates a correction of the USD/CAD pair after a strong growth that took place the last week. The asset has retained the 1.2865 resistance level. It triggered the emergence of a bearish sentiment. The price is testing the 1.2820 local support now. I値l sell USD/CAD, if it fixes below this mark. It may move to 1.2775.
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  #45  
Old 12-12-2017, 10:23
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Default Re: Tech Analysis by Alex

A bullish sentiment prevails on NZD/USD. I expect the further growth. The pair has a good potential for the recoup. The Triple bottom TA pattern has appeared on the D1 chart. I値l buy NZD/USD, if it fixes above the 0.6950 key resistance. It may move to 0.7000.
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  #46  
Old 13-12-2017, 12:08
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Default Re: Tech Analysis by Alex

A weak report on the GB labor market was published today. GBP/USD has the potential for declining. I expect a bearish sentiment. I値l sell the pair, if it fixes below the 1.3335 local support. The goal for taking profit is 1.3300.
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  #47  
Old 13-12-2017, 12:11
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Default Re: Tech Analysis by Alex

USD/CHF has retained the 0.9900 round level that triggered a bearish sentiment. I don稚 exclude the further quotes growth. I値l buy the pair, if it fixes above the 0.9920 local resistance. It may move to 0.9935-0.9950
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  #48  
Old 14-12-2017, 10:38
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Default Re: Tech Analysis by Alex

The Fed, as expected, raised the key interest rate by 25 points. At the same time, the US dollar weakened against the majors. The central bank is concerned about a low inflation level in the country. The US currency remains under pressure.

Bears prevail on USD/JPY. I値l open deals in the current trend direction and sell the pair with a trailing stop, if it fixes below 112.70. It may move to 112.50-112.15.
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  #49  
Old 14-12-2017, 10:41
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Default Re: Tech Analysis by Alex

There is an upward trend on AUD/USD. I don稚 exclude the further quotes growth. The pair has a good potential for the further growth on larger timeframes. I値l buy the pair, if it fixes above the 0.7670 resistance level. It may move to 0.7700-0.7725.
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  #50  
Old 15-12-2017, 10:48
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Default Re: Tech Analysis by Alex

Aggressive purchases were observed on AUD/USD from the beginning of this week. Nevertheless, I expect a technical correction. The divergence of the price and MACD histogram appeared on the asset. I値l sell the pair, if it fixes below the 0.7670 mirror support level. It may move to 0.7635.
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  #51  
Old 15-12-2017, 10:54
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Default Re: Tech Analysis by Alex

Bears prevail on USD/CAD. The demand for the Canadian dollar has significantly grown. I値l sell it, if it fixes below the 1.2740 local support. The goal for taking profit is the 1.2700 round level.
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  #52  
Old 18-12-2017, 10:28
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Default Re: Tech Analysis by Alex

There are aggressive sales on USD/CAD. The price is testing the 1.2885 key resistance level now. I don稚 exclude the further quotes growth. I値l buy the pair, if it fixes above the 1.2885 mark. It may move to 1.2925-1.2950.\
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  #53  
Old 18-12-2017, 10:31
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Default Re: Tech Analysis by Alex

Bears prevail on GBP/USD. The quotes are consolidating in the 1.3340-1.3360 range. The demand for USD resumed. The asset has the potential for the further decline. I値l sell the pair, if it fixes below 1.3340. The goal for taking profit is the 1.3300 round level.
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  #54  
Old 19-12-2017, 10:37
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Default Re: Tech Analysis by Alex

EUR/USD is testing the 1.1810 resistance level. A weak data on the business climate of German IFO was published recently. I do not exclude the development of a downward trend in the near future. I値l sell the pair if it fixes below 1.1790. it may move to 1.1760-1.1730.
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  #55  
Old 20-12-2017, 12:08
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Default Re: Tech Analysis by Alex

I expect a correction on NZD/USD. It is consolidating in the 0.6960-0.6975 range. I値l sell, if the price fixes below the 0.6960 local support. It may move to the 0.6925 mirror support level.
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  #56  
Old 20-12-2017, 12:13
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Default Re: Tech Analysis by Alex

Bulls prevail on the USD/JPY pair since the beginning of the week. I expect the further quotes growth. The price is testing the 113.20 mirror resistance level. I値l buy the pair if it fixes above this mark. It may move to 113.65. USD/JPY can reach 114.00 in the medium term.
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  #57  
Old 21-12-2017, 13:25
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Default Re: Tech Analysis by Alex

My yesterday expectations for USD/JPY confirmed. Yen weakened, so I expect the quotes growth. I値l buy the pair. If it fixes above the 113.65 key support. The goal for taking profit is 114.00.
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  #58  
Old 22-12-2017, 12:56
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Default Re: Tech Analysis by Alex

The euro currency remains under pressure due to the election results in Catalonia. I expect a downward trend on EUR/USD. I値l sell the pair if it fixes below the 1.1845 mark. It may move to 1.1800. I値l watch the economical reports from the US.
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  #59  
Old 26-12-2017, 10:40
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Default Re: Tech Analysis by Alex

Trading activity and volatility on majors declined due to the holidays. I expect a flat movement during the next week. Positions will be opened from the key levels on smaller timeframes.
The GBP/USD currency pair has been in a flat movement for some time. I highlighted the following key support and resistance levels: 1.3355 and 1.3375. I expect emergence of a bearish sentiment in the nearest future. I値l sell GBP/USD in case it fixes below 1.3355. The target for taking profit is the 1.3335 support level.
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  #60  
Old 27-12-2017, 10:53
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Default Re: Tech Analysis by Alex

There is a strong trend movement on AUD/USD. Rising of commodity prices supports the pair. I don稚 rule out a bullish sentiment. I値l buy the pair, if it fixes above 0.7775. It may move to 0.7825.
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  #61  
Old 29-12-2017, 09:55
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Default Re: Tech Analysis by Alex

I don稚 exclude the further growth of the EUR/USD quotes. The key support and resistance levels are 1.19400 and 1.19650. I値l open positions if the price fixes above/below these levels.
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