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Forexalerts

EUR/JPY AnalyticsHello Traders! As you can see on the EUR/JPY chart, the price tried to make a bearish break at the 117.550 support zone. After a 90 pip fall the price went up over 117.550, which shows us that the sell power is decreasing. We are looking for a possible bullish breakout, after this breakout we will wait the price correction, and the new support zone retest. We set up a possible buy zone above the triangle line. Stay tuned for more! Regards RoTradeAlerts!
Long
by UnknownUnicorn5293721
USD/CAD AnalyticsHello Traders! As you can see on USD/CAD chart is a possible uptrend. The triangle pattern formation is a sign of the price consolidation, now we wait for a breakout on this triangle. there are 2 possibilities: - an uptrend breakout, on this breakout we will look for a buy after the breakout it's done and we have the retest and confirmation of the new support zone - an downtrend breakout, on this breakout we will look for a sell after the breakout it's done and we have the retest and confirmation done on the new resistance zone. Stay tuned for more! Regards RoTradeAlerts!
by UnknownUnicorn5293721
GBP/USD AnalyticsHello Traders! On GBP/USD chart we can see in the past days an 80 pips downtrend oscilation, but not enough strong. As you know from our past analytics GBP/USD has reached on the daily chart the 1.20900 resistance level .We can see a strong buy zone at this level in the past on: 2016.10.06, 2017.01.17, 2017.01.09. We can see on H1 chat a good confimation on 1.21100 level with a possible uptrend arround 350 pips. Our first target in the upcoming days is 1.24680 resistence level. Stay tunned for more! Regards RoTradeAlerts!
Long
by UnknownUnicorn5293721
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