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I believe GBPCAD is about to see quite an upward movement in a short while. We may reach the 1.747 area, probably touch 1.75 then have a pullback till the 1.74 area and continue in the buy.
What do you guys think?
From the key levels at 0.982 to 0.984, I believe AUDCAD is about to see a downward move all the way to around 0.975. If it breaks 0.97, we may see more movement to the downside up to 0.968/0.965 else it might reverse at 0.975/0.97
EURGBP is under a bit of selling pressure and I believe we might see it go down a bit more.
If we break the 0.898 mark and go down, then the short is more likely. Wait for price return to return to around 0.9 to validate the short. After both requirements have been met, enter a sell.
We might see price going as low as 0.88, however, the path of...
We reached a former resistance zone which appears to be turning support. Look to buy around the 80.2/80.1 region.
If we break through 82, we might see a bigger movement on the upside else we'll test 81.7 and see quite a bit of retracement.
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We broke a demand zone and retested it several times for it to appear nullified. Now we are nearing a level of supply.
I believe we should be looking to short EURAUD around the 1.62/1.63 area for bigger profits
Have a nice day traders I wish you all the best
EURNZD has seen a short term upward move and we are approaching a key level. Based on how this pair went right through this level( 1.74/1.748 area) we can look to short it at around that area.
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EURUSD has seen quite a steady uptrend the past few weeks. I believe this uptrend will continue though there's going to be a bit of a reversal before we see this happening.
Good entry positions to go long might be around the 1.199/1.1993 area.
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This currency pair is currently seeing a bit of reversal to the down side. Personally I'm looking to go long with an entry of 76.8/76.2.
You can short it at the moment for about 100 to 180 pips profit.
That's what I think what do you guys think? Let me know at the comment section
I see the GBPUSD getting back to its bullish movement after the correction we saw on this past two days. Look for long positions around the 1.311/1.308 area.
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Have a delightful day!