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AUDCAD bearish setup for leg 5

Hi traders! After the breakout of the bullish trend line on September 17th, AUDCAD appears to form a 5 five leg structure. In this...

Euro likely to present buying opportunity

The Euro was seen trading higher against the US dollar as the latter one got weakened across the board. There is a chance that...

Continue to sell rallies in NZDUSD (extract from Weekly Market Forecast...

The New Zealand dollar traded in the negative territory against the US dollar. The NZDUSD pair recently broke the 0.7700 support area to trade...

Selling Rallies Preferred in AUDUSD

The Australian dollar traded a touch lower below the 0.8400 level against the US dollar. There were a few releases in Australia recently which...

Trading both sides preferred in AUDUSD moving ahead

The Australian dollar was seen trading lower against a few major currencies, including the US dollar and the Euro. The AUDUSD pair was one...

Buying Euro Favored as a Correction is due (extract from Weekly...

The Euro somehow performed better during this past week and climbed a bit higher against the US dollar. It managed to break an important...

EURCHF Eyes SNB Action For Upside

The Euro traded a lot of lower against the Swiss franc recently and is about to challenge the all-important 1.20 peg level. There is...

Break of 182.00 to take GBPJPY lower

The British pound came under severe pressure Intraday against most major currencies, including the Japanese yen. There is more room towards the downside in...

Correction in USDJPY will be a classic buying opportunity (extract from...

The USDJPY blasted higher during this week, as the fed interest rate decision was positive and the BOJ rate decision was negative for the...

US Dollar Skyrockets, Buy Dips In USDCAD

The US dollar was seen trading higher against all other major currencies, as the fed interest rate decision was on the positive side of...

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