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  • #16
    Fibonacci Retracements Analysis 03.10.2019 (AUDUSD, USDCAD)

    AUDUSD, "Australian Dollar vs US Dollar"

    As we can see in the H4 chart, the descending wave tested the mid-term low at 0.6677 and then there was a convergence, which may indicate a new pullback in the nearest future. After the pullback, the price may continue falling towards the post-correctional extension area between 138.2% and 161.8% fibo at 0.6595 and 0.6543 respectively.



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    • #17
      Forex Technical Analysis & Forecast 04.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

      EURUSD, “Euro vs US Dollar”

      EURUSD has finished the ascending wave 1.0997; right now, it is forming the first descending impulse with the predicted target at 1.0957. Later, the market may start another correction to reach 1.0978, thus forming a new consolidation range between these two levels. After breaking this range to the downside, the instrument may continue trading inside the downtrend with the target at 1.0895.



      Read more - Forex Technical Analysis & Forecast EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD

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      • #18
        Japanese Candlesticks Analysis 07.10.2019 (GOLD, NZDUSD)


        XAUUSD, “Gold vs US Dollar”

        As we can see in the H4 chart, the ascending tendency continues. After breaking the support level, XAUUSD has formed Hammer reversal pattern. Right now, the pair is reversing to test the rising channel’s downside border. If the pair continues growing, it may return to 1531.00 to continue forming the ascending tendency. At the same time, we shouldn’t exclude an opposite scenario, which implies that the instrument may resume falling to reach 1459.00.



        Read more - Japanese Candlesticks Analysis GOLD, NZDUSD)

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        • #19
          Murrey Math Lines 08.10.2019 (AUDUSD, NZDUSD)

          AUDUSD, "Australian Dollar vs US Dollar"

          As we can see in the H4 chart, AUDUSD is consolidating at 5/8. In this case, the pair is expected to continue growing towards the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 4/8. After that, the instrument may continue falling to reach the support at 3/8.



          Read more - Murrey Math Lines AUDUSD, NZDUSD

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          • #20
            Ichimoku Cloud Analysis 09.10.2019 (AUDUSD, NZDUSD, USDCAD)

            AUDUSD, "Australian Dollar vs US Dollar"

            AUDUSD is trading at 0.6737; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6720 and then resume moving upwards to reach 0.6815. Another signal to confirm further ascending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6690. In this case, the pair may continue falling towards 0.6595.



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            • #21
              Fibonacci Retracements Analysis 10.10.2019 (AUDUSD, USDCAD)

              AUDUSD, “Australian Dollar vs US Dollar”

              As we can see in the H4 chart, after finishing the correctional wave, AUDUSD is forming a new rising impulse. In the future, the impulse may reach 50.0% and 61.8% fibo at 0.6782 and 0.6809 respectively. After completing the pullback and breaking the low at 0.6671, the price may continue falling towards the post-correctional extension area between 138.2% and 161.8% fibo at 0.6595 and 0.6543 respectively.



              Read more - Fibonacci Retracements Analysis AUDUSD, USDCAD

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              • #22
                Forex Technical Analysis & Forecast 11.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

                EURUSD, “Euro vs US Dollar”

                After forming the consolidation range around 1.0985 and breaking it upwards, EURUSD has completed the descending impulse from 1.1031 along with the correction. Possibly, today the pair may form the second impulse to reach 1.0944 and then start another correction towards 1.1088. Later, the market may resume trading downwards with the target at 1.0985.



                Read more - Forex Technical Analysis & Forecast EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD

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                • #23
                  Japanese Candlesticks Analysis 14.10.2019 (EURUSD, USDJPY)

                  EURUSD, “Euro vs. US Dollar”

                  As we can see in the H4 chart, the ascending channel continues. By now, EURUSD has completed Hanging Man reversal pattern close to the channel’s upside border. Later, after reversing, the price may form a new correction and then resume growing to reach 1.1093. However, one shouldn’t exclude a possibility that the price may continue falling towards 1.0888.



                  Read more - Japanese Candlesticks Analysis GOLD, NZDUSD

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                  • #24
                    Murrey Math Lines 15.10.2019 (AUDUSD, NZDUSD)

                    AUDUSD, “Australian Dollar vs US Dollar”

                    In the H4 chart, the pair started skyrocketing earlier, but then stopped close to the resistance at 7/8. In this case, the pair is expected to resume falling towards the support at 3/8. However, this scenario may no longer be valid if the price breaks 7/8. After that, the instrument may continue growing to reach the resistance at 8/8.



                    Read more - Murrey Math Lines 15.10.2019 (AUDUSD, NZDUSD)

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                    • #25
                      Ichimoku Cloud Analysis 16.10.2019 (AUDUSD, NZDUSD, USDCAD)

                      AUDUSD, “Australian Dollar vs US Dollar”

                      AUDUSD is trading at 0.6732; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6755 and then resume moving downwards to reach 0.6655. Another signal to confirm further descending movement is the price’s rebounding from the resistance level. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6795. In this case, the pair may continue growing towards 0.6875. After breaking the neckline of Head & Shoulders reversal pattern and fixing below 0.6705, the price may continue moving downwards.



                      Read more - Ichimoku Cloud Analysis AUDUSD, NZDUSD, USDCAD

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                      • #26
                        Fibonacci Retracements Analysis 17.10.2019 (AUDUSD, USDCAD)

                        AUDUSD, “Australian Dollar vs US Dollar”

                        As we can see in the H4 chart, after finishing the correctional downtrend close to the support at 23.6% fibo, AUDUSD is forming a new rising impulse to reach the local high. In the future, the impulse may break it and then continue growing towards mid-term 76.0% fibo at 0.6840 and the fractal high at 0.6894.



                        Read more - Fibonacci Retracements Analysis AUDUSD, USDCAD

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                        • #27
                          Forex Technical Analysis & Forecast 18.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

                          EURUSD, “Euro vs US Dollar”

                          EURUSD continues forming the ascending structure from 1.1074; right now, it is consolidating below 1.1129. Possibly, the pair may break this range to the upside and continue growing towards 1.1144. Later, the market may form a new descending structure to reach 1.1129 and then start another growth towards 1.1158 to complete this ascending wave. After that, the instrument may start a new correction with the target at 1.1000.



                          Read more - Forex Technical Analysis & Forecast EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD

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                          • #28
                            Japanese Candlesticks Analysis 21.10.2019 (USDCAD, AUDUSD)

                            USDCAD, “US Dollar vs Canadian Dollar”

                            As we can see in the H4 chart, USDCAD has formed several reversal patterns, including Hammer, close to the support level. Right now, the pair is reversing and may continue growing towards 1.3232. However, we shouldn’t ignore another scenario, according to which the instrument may fall to reach 1.3090.



                            Read more - Japanese Candlesticks Analysis USDCAD, AUDUSD

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                            • #29
                              Murrey Math Lines 22.10.2019 (AUDUSD, NZDUSD)

                              AUDUSD, “Australian Dollar vs US Dollar”

                              As we can see in the H4 chart, the pair is trading inside the “overbought area”. In this case, the pair is expected to break +1/8 and then resume falling towards the support at 6/8. However, this scenario may no longer be valid if the price breaks +2/8 to the upside. After that, the line at the chart will be redrawn, thus indicating new upside targets.



                              Read more - Murrey Math Lines AUDUSD, NZDUSD

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                              • #30
                                Ichimoku Cloud Analysis 23.10.2019 (AUDUSD, NZDUSD, USDCAD)

                                AUDUSD, “Australian Dollar vs US Dollar”

                                AUDUSD is trading at 0.6841; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6820 and then resume moving upwards to reach 0.6945. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6775. In this case, the pair may continue falling towards 0.6675. After breaking the descending channel’s upside border and fixing above 0.6905, the price may continue moving upwards.



                                Read more - Ichimoku Cloud Analysis AUDUSD, NZDUSD, USDCAD

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