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Major Pairs Analysis

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  • #16


    EUR/USD as we see is trying to push up towards 1.12, but is just not getting enough purchase to go with things smoothly, so the trend is still divided and neutral, but there will be clear direction soon and we think bearish waves will take over!

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    • #17


      GBP/USD was different this week after Brexit impact, we see the market stabilizing with new PM announced while also in a surprise move UK left the rates unchanged at 0.5%, so we can expect the pair to hold up in next few days, but next week might be different story altogether.

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      • #18


        EUR/JPY has really went all guns blazing and things have been incredibly smooth in bullish trend, but it’s interesting to see if this trend can work more strength or will there be any switch or even some pull back? We think there is going to be pulling back in coming week.

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        • #19


          USD/JPY has been in tremendous selling-pressure and that saw the pair drop down low at 101, but quickly shifted back and now is above 105, it’s a level that we might see been strong chance for buying, but SL must be placed below in case of trend switching.

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          • #20


            AUD/USD has been pushing bullish in past few weeks after Brexit just hitting it slightly, but has recovered successfully and now is back above 0.76 levels, but it will be to see whether this holds or there is again rejection, but we strongly believe it will hold.

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