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USD/CAD Wave analysis and forecast for 10.02 – 17.02: Downtrend dominates. Estimated pivot point is at the level of 1.3216. Our opinion: Sell the pair from correction below the level of 1.3216 with the target of 1.2809. Alternative scenario: Breakout and consolidation of the price above the level of 1.3216 will trigger further rise in the pair up to 1.3380. Analysis: Presumably, the formation of the wave C of the senior level continues. Locally it…
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USD/JPY Wave analysis and forecast for 10.02 – 17.02: The pair is undergoing correction. Estimated pivot point is at the level of 115.36. Our opinion: Wait for the correction and sell the pair below the level of 115.36 with the target of 108.15. Alternative scenario: Breakout and consolidation of the price above the level of 115.36 will trigger further rise to 118.58. Analysis: Presumably, the formation of the wave (С) continues. Locally, it is likely…
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USD/CHF Wave analysis and forecast for 10.02 – 17.02: The pair is likely to rise. Estimated pivot point is at the level of 0.9867. Our opinion: Buy the pair from correction above the level of 0.9867 with the target of 1.0200. Alternative scenario: Breakdown and consolidation of the price below the level of 0.9867 will trigger further decline in the pair to 0.9800. Analysis: Presumably, the formation of the downward correction, as the wave 2…
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GBP/USD Wave analysis and forecast for 10.02 – 17.02: The pair is likely to decline. Estimated pivot point is at the level of 1.2580. Our opinion: Sell the pair from correction below the level of 1.2580 with the target of 1.2248 – 1.1984. Alternative scenario: Breakout and consolidation of the price above the level of 1.2580 will trigger further rise in the pair to 1.27 – 1.28. Analysis: Presumably, the formation of the fifth wave…
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EUR/USDWave analysis and forecast for 10.02 – 17.02: The pair is likely to decline. Estimated pivot point is at the level of 1.0707. Our opinion: Sell the pair from correction below the level of 1.0707 with the target of 1.0616 - 1.0455. Alternative scenario: Breakout and consolidation of the price above the level of 1.0707 may trigger further rise in the pair up to 1.0754 - 1.0795 as part of the deep correction. Analysis: Presumably,…
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USD/JPY Wave analysis and forecast for 20.01 – 27.01: Downtrend continues. Estimated pivot point is at the level of 116.19. Our opinion: Sell the pair from correction below the level of 116.19 with the target of 113.80 – 111.58. Alternative scenario: Breakout and consolidation of the price above the level of 116.19 will trigger further rise to 117.55. Analysis: Presumably, the formation of the wave (С) continues, within which the first wave has been formed.…
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USD/CHF Wave analysis and forecast for 20.01 – 27.01: The pair is likely to rise. Estimated pivot point is at the level of 0.9993. Our opinion: Buy the pair from correction above the level of 0.9993 with the target of 1.0198. Alternative scenario: Breakdown and consolidation of the price below the level of 0.9993 will trigger further decline in the pair to 0.9940. Analysis: Presumably, the formation of the downward correction, as the wave 2,…
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GBP/USD Wave analysis and forecast for 20.01 – 27.01: The pair is in correction. Estimated pivot point is at the level of 1.2417. Our opinion: Sell the pair from correction below the level of 1.2417 with the target of 1.2204 – 1.1885. Alternative scenario: Breakout and consolidation of the price above the level of 1.2417 will trigger further rise in the pair to 1.2540. Analysis: Presumably, the formation of the fifth wave of the senior…
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EUR/USD Wave analysis and forecast for 20.01 – 27.01: The pair is likely to decline. Estimated pivot point is at the level of 1.0718. Our opinion: Sell the pair from correction below the level of 1.0718 with the target of 1.0500. Alternative scenario: Breakout and consolidation of the price above the level of 1.0718 may trigger further rise in the pair up to 1.0856. Analysis: Presumably, the formation of the upward correction as the fourth…
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USD/CHF Wave analysis and forecast for 13.01 – 20.01: Decline in the pair is likely to continue. Estimated pivot point is at the level of 1.0246. Our opinion: Sell the pair from correction below the level of 1.0246 with the target of 0.9945. Alternative scenario: Breakout and consolidation of the price above the level of 1.0246 will trigger further rise in the pair up to 1.0329. Analysis: Presumably, the formation of the downward correction continues,…
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GBP/USD Wave analysis and forecast for 13.01 – 20.01: Downtrend continues. Estimated pivot point is at the level of 1.2313. Our opinion: Sell the pair from correction below the level of 1.2313 with the target of 1.1185. Alternative scenario: Breakout and consolidation of the price above the level of 1.2313 will trigger further rise in the pair to 1.2433. Analysis: Presumably, the formation of the fifth wave of the senior level continues. Locally, it is…
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EUR/USD Wave analysis and forecast for 13.01 – 20.01: The rise in the pair is likely to continue. Estimated pivot point is at the level of 1.0449. Our opinion: Buy the pair from correction above the level of 1.0449 with the target of 1.0734 – 1.0856. Alternative scenario: Breakdown and consolidation of the price below the level of 1.0449 may trigger further decline in the pair to 1.0350 – 1.02. Analysis: Presumably, the formation of…
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EURUSD Forecast | Daily Technical Analysis for January 4, 2017 EURUSD Technical Overview Yesterday Close 1.0406 Today Open 1.0406 Day’s Range 1.0390 – 1.0424 52 wk Range 1.0341 – 1.1616 1-Year Return – 4.04% EURUSD Technical Support and Resistance Our Possible trading range for today 1.0390 – 1.0424 EURUSD forecast: EURUSD pair possibly will find its immediate support at 1.0354. If, market breaks the first support then it will go for the following support to…
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USDJPY Forecast | Daily Technical Analysis for January 4, 2017 USDJPY Technical Overview Yesterday Close          117.75 Today Open                117.75 Day’s Range   117.55 – 118.19 52 wk Range   99.08 – 121.70 1-Year Return – 1.25% USDJPY Technical Support and Resistance usdjpy forecast: usdjpy pair possibly will find the immediate support at 117.31. If, market breaks the first support then it will go for the following support to test. Following supports are 116.97 and 116.43. On the…
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USDCAD Forecast | Daily Technical Update for January 4, 2017 USDCAD Technical Overview Yesterday Closed 1.3427 Today Open 1.3427 Day’s Range 1.3418 – 1.3458 52 wk Range 1.2458 – 1.4692 1-Year Return – 3.67% USDCAD Technical Support and Resistance USDCAD Forecast : USDCAD pair possibly will find the immediate support at 1.3404. If, market breaks the first support then it will go for the following support to test. Following supports are 1.3389 and 1.3363. On the…
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USD/CAD Wave analysis and forecast for 30.12 – 06.01: The pair is likely to decline. ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At ForexGuru.Pk Estimated pivot point is at the level of 1.3600.…
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