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[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that GBPUSD is in bullish retrenchment from support at 1.6250 after a long bearish movement. In daily chart it has formed a series of rejection candle before a strong bullish candle indicating more bullishness. Now a bullish movement is expected target near 61.8% Fibonacci area at 1.6500. In this area we … Read more

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in bullish retraccement from 1.3780 after a long bearish movement. The target can be 38% fibo retracement near 1.3570 followed by 1.3630 where fibo 61.8% retracement. But a break of recent low will make this scenario invalid. [/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in bearish mode from 1.3810, falling by maintaining a trendline, Last Friday it has broken a support at 1.3550. More falling is expected now, but before further falling, it may retest the broken support & the trendline, and then we can expect it to fall with the target … Read more

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that AUDUSD is in bullish mode from support at 0.8840 from a strong bullish candle after a rejection candle in daily chart. last Friday it has broke down trend line now it is pullback to retest the broke trend line. Also there is rising trendline to retest bullish movement can resume … Read more

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is now falling from a strong resistance area at 1.3810, last week it has broken a rising trendline successfully. More falling is expected now. Before further fall it may need a retracement and then the target of this falling can be around 1.3450 areas. But a close above the … Read more

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that USDCAD now is in good resistance area of 1.0715. Last day we have a nice engulfing candle. Now a bearish movement is expected. Before that it needs to break the rising trendline successfully then we can expect it to go the direction 1.0560 followed 1.0500. But a successful break of … Read more