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AUD/USD is still looking to land at 0.7000. The last breakdown we did on this pair was above 0.7150, since then we did decline slightly but overall moved sideways. If we can continue with this bullish momentum on the dollar then 0.7000 may be the first target of many to the downside on this pair. This 2-Hour 200 MA is providing strong resistance with many...

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The zone/region just above $1,850 should provide an area of support for a potential rebound and recover some of its earlier losses this week. I wouldn't jump in long at this point as we are looking to experience more manipulation in sight of the fed interested rate decision later tonight. But at this price point we could see a new leg to the upside approaching....

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Prior chart: We recently broke down this pair at the zone just above 1.0850 with anticipations of nearly a 400 pip move down to 1.0500 which has now been precisely met. The dollar strength is still showing strength and this could continue in the coming weeks. Further dollar news is coming in this afternoon so make sure you trade safe.

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Like most of the majors recently, AUD/USD has been plummeting like no tomorrow. 0.7000 could be on the cards looking at the inflation rates coming in tomorrows early hours. As there is expected high volume over the next 12 hours please trade safe. Overall our bearish bias remains in place and further downside is to be expected.

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The dollar index edged higher to over 100 after hitting a fresh May 2020 high. The fundamentals have taken the index to new highs on the back of the federal reserve active monetary policy. The dollar is gaining against all other currencies and this momentum is expected to continue into next week looking at many sources online. This price also comes at a time of...

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After reviewing the strength building on the dollar, it is clear to see the strong trends forming across the major currency pairs. 1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away. We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible...

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With gold being very bullish towards the end of last year, we decided to sit on our hands for a while regarding updates on the commodity. The price did recently run up all the way to $2,070, before dropping back into the 200 DMA. We can see gold extend a deeper pullback into $1,850 this year before continuing to the upside. Gold on a fundamental level is...

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AUD/USD has really been playing ball in terms of basic technical analysis. WE hav e been following a strong bullish sentiment all the way up to 0.7500. This level we're at is a major Fibonacci extension target and there are many confluences now suggesting a pullback for at least 70 pips. We are now looking for a potential drop into 0.7420 over the next few...

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Prior chart: 0.7500 has been met precisely from our previous breakdown on this pair. The next immediate upside target will be another 60 pips away siting at 0.7560 with still potential for higher prices heading into the final stage of this week.

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The last time we broke down GBP/AUD was when it was trending north on the daily. Since then we have taken a huge plummet driving the trends down and prices back below 1.8000. 1.7500 looks like a comfortable 100+ pip landing spot with more potential for heavy downside movements. As of right now there is very little upside opportunity and we would advise traders...

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Recently we have seen the pairs move very volatile over the past days. A lot of pound weakness and many markets taking a harsh hit. AUD/USD has seen a steady move higher over the past few days which looks like it will be taking this pair up to 0.7500 (90 pips) into next week. We will be bring more updates when we see either interesting potential movements or...

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After monitoring the USD over the past few days we can see a final clear direction for many instruments as they pave the way to show the trends heading into this first quarterly year end. USD/CAD here is look relatively strong overall with 1.3100 being a clear target to the upside over the coming weeks. As it stands on the daily and above the price action is...

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Amid the current geopolitical news oil has tanked on the passed days pulling many energy prices up along with fuel prices. There are strong plans to maintain the current global oil prices with support from the US. On a technical level, oil is also breaking out from an outstanding comeback from the 2020 lows of below $0.00. We are now trading above the $100 per...

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EUR/USD seems to be stabilising the newly formed base at 1.1300. A recent weekly candle from 2 weeks ago, formed extremely bullish in alingment with the recent fundamentals suggesting that there will be a medium term upswing in movement. Generally speaking a closure above the 1.1400 handle should signify a comfortable 100 pips into the 1.1500 region and beyond,...

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Pound has picked up some strength off the back of the GDP growth rate this morning. Referring back the the current state of the USD on a fundamental level, it provides a nice confluence to look for long opportunities on the weekly, daily and 4-hour timeframes on GBP/USD. The 1.3700 handle just over 100 pips north of the current market price could provide a nice...

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Lots of pressure on the dollar today with inflation and jobless data. Overall weak us new which has been very manipulative and encouraging growth in other currencies. It will be interesting to see if the USD can stabilise of the back of todays trading sessions. 95.00 to 94.00 could provide support should the index drop off into the final hours of this week. We...

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1.2300 seems to have a lot of confluences pointed towards. Its a heavy 300+ pip movement towards the downside but it could indicated the movements to come on the rest of this week and into next. It would be a good idea to await a little more pressure to the downside with a downtrend to fully form on the lower timeframes such as the 1 hour. Upside scenarios...

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Prior chart: As mentioned in our previous post, we were looking for new highs coming into the late part of January. We have tapped 1.9200 and now making our way higher. The next immediate upside target will be looking at 1.9300.