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Selling EURUSD into gains with a rejection of resistance zone

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The EURUSD pair moved lower, as we were expecting. The pair broke an important support zone at around the 1.3820/00 levels, as can be...

NZDUSD poised for a move higher in the short term

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The New Zealand dollar is on the rising streak for the last couple of weeks. The NZDUSD pair recently traded above the 0.8620 level,...

USDCAD to stage intraday correction lower if spot breaks 1.0950

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Today, let us discuss about the USDCAD pair, and related trade opportunities. The pair has formed an important triangle, as can be seen in...

Buying dips offers good risk/reward in USDCAD

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The Canadian dollar weakness is far from over, and for the same reason, I think that the rally in USDCAD is not completed. The...

EURCAD set to accelerate downside momentum in the short term

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Yesterday, the economic data came better than expected for the Euro zone. However, the Euro was seen under pressure, and as a result some...

Selling rallies offers good risk/reward in USDJPY

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The bearish pressure was eased for the USDJPY pair in the yesterday’s NY session. However, I think that the pair is coming closer to...

Daily Analysis: GBPUSD to accelerate gains above the 1.6690/1.6700 level

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GBPUSD is one of the most interesting pairs in the recent times. The pair has managed to climb higher for the last couple of...

Looking Forward to buy valleys in EURUSD (extract from Weekly Market...

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The EURUSD pair traded higher during the last week, and was able to break the critical resistance level at around the 1.3650/60 level. The...

Daily Analysis: Potential sell opportunity in the USDCAD

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USDCAD is trading around the critical levels, in my opinion, after the recent high in the pair. There is a bearish hidden divergence on...

Looking Forward to buy valleys in NZDUSD (extract from Weekly Market...

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The NZDUSD pair found support during the last week at around the 0.8000 level. The pair bounced sharply from the mentioned support level, as...

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