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Weekly Analysis and Recommendations The GBP/USD managed to shrug off the hawkish comments from Fed Chair Janet Yellen, finishing higher for the week. The British Pound received a boost early in the week with most of the support and buying interest coming after hawkish comments from various Monetary Policy Committee members. Earlier in the week, comments from...

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EURUSD Short = 1.10370 SL = 1.10580 TP = area 1.10100 - 1.09990

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AUDUSD today R1 = 0.7510 R2 = 0.7550 S1 = 0.7455 S2 = 0.7370

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EURUSD today upside = 1.11304 - 1.11700 downside = 1.1000 - 1.09600

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USDJPY today R1 = 121.450 R2 = 121.780 S1 = 120.700 S2 = 120.390

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The state of Japan’s economic recovery remains murky, with inflation still nearly flat in May despite unprecedented monetary stimulus, though joblessness was flat at 3.3 per cent and household spending rose for the first time in over a year. Japan’s central bank is pumping unprecedented sums of cash into the economy, seeking to push prices higher and spur...

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GBPUSD R1 = 1.54450 R2 = 1.55500 S1 = 1.52900 S2 = 1.52050

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USD Index jumped above the 97 mark on Tuesday as the Greek issue leaves the market worried. For now, no decision on Greece has been made. Another risk factor for the market is the Chinese stock market collapse. Investors are seeking the safe currencies, such as the US dollar and the yen. EURUSD R1 = 1.1180 R2 = 1.1800 ...

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The GBPUSD is in an up trend Primary trend retest support 61.8 Fibo and demand zone sell short-term If passed 1.56650 target support area 1.55580 Fibo 50% and Sma 200 If the test fails buy long-term target area 1.58200 and 1.59170

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The AUDUSD is in a down trend sell If passed 0.77200

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The EURUSD is in an up trend If passed 1.12000-1.11700 Buyer waiting area at 1.10600-1.09900

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The DOLLAR INDEX is in an up trend

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The USDCHF is in a down trend

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The USDCAD is in an up trend

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The GBPJPY is in an up trend

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The GBPUSD is in a down trend retest resistance trendline Short-term buy about 1.53000 target 1.53650 If the test fails long-term sell trends 4H target 1.51600

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The EURUSD is in an up trend retest support Fibo 38.2 and Sma 100 at 1.10550 target supply zone at 1.14500 and resistance Fibo 161.8 and Sma 200