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  • #46
    Ichimoku Cloud Analysis 20.11.2019 (AUDUSD, NZDUSD, USDCAD)

    AUDUSD, “Australian Dollar vs US Dollar”

    AUDUSD is trading at 0.6813; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6825 and then resume moving downwards to reach 0.6725. 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 0.6875. In this case, the pair may continue growing towards 0.6965.



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    • #47
      Forex Technical Analysis & Forecast 22.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

      EURUSD, “Euro vs US Dollar”

      EURUSD is forming one more descending impulse towards 1.1047. After that, the instrument may start a new growth to reach 1.1072, thus forming another consolidation range. If later the price breaks this range to the downside, the pair may resume trading downwards with the short-term target at 1.1027.



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

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      • #48
        Japanese Candlesticks Analysis 25.11.2019 (EURUSD, USDJPY)



        EURUSD, “Euro vs. US Dollar”

        As we can see in the H4 chart, the descending tendency continues. After forming Harami reversal pattern, EURUSD is trading in the middle of the channel. We may assume that after reversing the price may form a slight correction and then resume falling to reach 1.0970. However, one shouldn’t exclude a possibility that the price may continue growing towards 1.1111.



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        • #49
          Murrey Math Lines 26.11.2019 (AUDUSD, NZDUSD)

          AUDUSD, “Australian Dollar vs US Dollar”

          In the H4 chart, the pair is moving below 3/8. In this case, the pair is expected to test 3/8, rebound from it, and then resume falling towards the support at 0/8. However, this scenario may no longer be valid if the price breaks 3/8 to the upside. After that, the instrument may continue growing to reach the resistance at 5/8.



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          • #50
            Ichimoku Cloud Analysis 27.11.2019 (AUDUSD, NZDUSD, USDCAD)

            AUDUSD, “Australian Dollar vs US Dollar”

            AUDUSD is trading at 0.6774; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6785 and then resume moving downwards to reach 0.6680. 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 0.6840. In this case, the pair may continue growing towards 0.6935.



            Read more - Ichimoku Cloud Analysis AUDUSD, NZDUSD, USDCAD

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            • #51
              Murrey Math Lines 28.11.2019 (USDCHF, GOLD)

              USDCHF, “US Dollar vs Swiss Franc”

              As we can see in the H4 chart, USDCHF is trading near the “overbought area”. In this case, the price is expected to test 8/8, rebound from it, and then resume falling to reach the support at 5/8. However, this scenario may no longer be valid if the price breaks 8/8 to the upside. After that, the instrument may continue growing towards the resistance at +2/8.



              Read more - Murrey Math Lines USDCHF, GOLD

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              • #52
                Forex Technical Analysis & Forecast 29.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

                EURUSD, “Euro vs US Dollar”

                EURUSD is still consolidating around 1.1000. Possibly, today the pair may expand the range towards 1.1018 and then return to 1.1000. After breaking this level to the downside, the instrument may continue trading inside the downtrend with the short-term target at 1.0984.



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

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                • #53
                  Japanese Candlesticks Analysis 02.12.2019 (USDCAD, AUDUSD)

                  USDCAD, “US Dollar vs Canadian Dollar”

                  As we can see in the H4 chart, the ascending tendency continues. By now, USDCAD has formed Engulfing pattern close to the channel’s downside border. At the moment, we may assume that the pair may reverse to continue growing towards 1.3360. However, we shouldn’t ignore an alternative scenario, according to which the instrument may continue falling towards 1.3258.



                  Read more - Japanese Candlesticks Analysis USDCAD, AUDUSD

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                  • #54
                    Murrey Math Lines 03.12.2019 (AUDUSD, NZDUSD)

                    AUDUSD, “Australian Dollar vs US Dollar”

                    In the H4 chart, AUDUSD is consolidating. In this case, the pair is expected to continue growing towards the resistance at 5/8. However, this scenario may no longer be valid if the price breaks 3/8 to the downside. After that, the instrument may continue falling to reach the support at 2/8.



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                    • #55
                      Ichimoku Cloud Analysis 04.12.2019 (AUDUSD, NZDUSD, USDCAD)

                      AUDUSD, “Australian Dollar vs US Dollar”

                      AUDUSD is trading at 0.6820; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6815 and then resume moving upwards to reach 0.6915. 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 0.6760. In this case, the pair may continue falling towards 0.6695.



                      Read more - Ichimoku Cloud Analysis AUDUSD, NZDUSD, USDCAD

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                      • #56
                        Fibonacci Retracements Analysis 05.12.2019 (AUDUSD, USDCAD)

                        AUDUSD, “Australian Dollar vs US Dollar”

                        As we can see in the H4 chart, the correctional downtrend seems to have completed a bit lower than 61.8% fibo, but one shouldn’t expect it to continue towards 76.0% fibo at 0.6732. After the convergence on MACD, the price is forming a new rising wave towards the high at 0.6929. if the pair breaks it, the instrument may continue the ascending tendency to reach the long-term target at 50.0% (0.6983).



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                        • #57
                          Ichimoku Cloud Analysis 06.12.2019 (AUDUSD, NZDUSD, USDCAD)

                          AUDUSD, “Australian Dollar vs US Dollar”

                          AUDUSD is trading at 0.6842; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6825 and then resume moving upwards to reach 0.6920. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6755. In this case, the pair may continue falling towards 0.6695. After breaking Triangle’s upside border and fixing above 0.6865, the price may continue moving upwards.



                          Read more - Ichimoku Cloud Analysis AUDUSD, NZDUSD, USDCAD

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                          • #58
                            Japanese Candlesticks Analysis 09.12.2019 (GOLD, NZDUSD)

                            XAUUSD, “Gold vs US Dollar”

                            As we can see in the H4 chart, the ascending tendency continues. After completing several reversal patterns, including Inverted Hammer, close to the channel’s downside, XAUUSD is trying to reverse. In this case, the upside target may be at 1481.00. At the same time, we shouldn’t exclude an opposite scenario, which implies that the instrument may continue falling towards 1455.50.



                            Read more - Japanese Candlesticks Analysis GOLD, NZDUSD

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                            • #59
                              Murrey Math Lines 10.12.2019 (AUDUSD, NZDUSD)

                              AUDUSD, “Australian Dollar vs US Dollar”

                              As we can see in the H4 chart, AUDUSD is consolidating. In this case, the pair is expected to break 4/8 and continue growing towards the resistance at 5/8. However, this scenario may no longer be valid if the price breaks 3/8 to the downside. After that, the instrument may continue falling to reach the support at 2/8.



                              Read more - Murrey Math Lines AUDUSD, NZDUSD

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                              • #60
                                Japanese Candlesticks Analysis 11.12.2019 (EURUSD, USDJPY)

                                EURUSD, “Euro vs. US Dollar”

                                As we can see in the H4 chart, after completing a quick ascending structure and expanding the descending channel’s borders, EURUSD is still trading close to the resistance level; by now, the pair has reversed after forming Hanging Man pattern. We may assume that later the price may test the resistance level and get back to 1.1055 to resume the descending tendency. However, one shouldn’t exclude a possibility that the price may continue growing towards 1.1133.



                                Read more - Japanese Candlesticks Analysis EURUSD, USDJPY

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