EUR/USD Forecast 31/01/2017

EUR/USD Pair is in the upswing and i feel that the pair is showing enough strength to go more upward and its main resistance now is 1.09100 level ,if that cross we can see 1.1300 level .

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usd/jpy forecast 30/01/2017

The pair failed to break out the 115 level and now drifting to 112 level because the pair failed to make a breakout and again going to touch the the down level near 112.50 and if that breaks we can see the 111.80 level .I feel that from this level we can see a start of another wave which can be clear when we can see the H4 chart time frame.

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GBP/USD May hold its run – 29/01/2017

During the past few days we  have seen about 550 pips one way upward run and now if we can see the daily chart we can see that a pin bar formed which suggest that the pair may get a pause before it can go up ,but till i feel the down trend is holding .

Here important level to watch is 1.2637 and 1.2250 level .

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USD/JPY Waiting for a huge breakout -28/01/2017

USD/JPY is waiting for a huge breakout what i personally feel because the pair seems in a consolidated mode and broken the down ward channel recently and the closing of 115.10 level in this week also suggest that the pair can give a break .On upper side the pair may go upto the 116.40 and 118.30 level and till the pair break the 112.75 level ,we can’t go for sell out .So My pending buy will be 115.50 level .

On Monday if we can see a down fall at the starting of the market opening ,the 114.20 level is the most important one.

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EUR/USD Forecast – 27/01/2017

I feel that in this pair there is another impulse up before it moves to down ward ,the pair may show movement upto the 1.1000 level and then a good down ward movement may be seen .So till me bearish in this pair because this have to pass to major hurdles at the 1.0850 and 1.1000 levels to show its clear bullish momentum .

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usd/jpy forecast 26/01/2017

The pair is in uptrend and trying to break the downtrend channel.The pair is trying to break the 115 level and if that does we can see a clear upward movement and like that the USD/JPY pair may change its movement and we can see the 121 level again

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USD/JPY forecast 25/01/2017

Looking for breakout,the pair is in a downward channel ,i feel that if we can show some patience ,we can see some 150-200 pips down fall from the current level .But yes if the pair can break the 115 level strongly we can see some good upward movement in near future .

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USD/JPY Forecast 24/01/2017

The pair is in a down trend mood and if we can see the H4 chart we can see that after a decent retracement the pair is going to fall .My target this time would be about 150-200 pips from the current level if the pair breaks the recent 112.50 level .

But yes me now also expecting that the pair would go atleast 50-60 pips up from the current level ,lets see .

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EUR/JPY Forecast 23/01/2017

EUR/JPY pair as expected is in a downtrend now after touching the previous top level of the upper level of 122.94 and now the pair is moving towards the 120.50 level ,if this level breaks we can get a down fall upto the 119.50 .

Though the stoch in the chart h4 suggest that there may be some extent of retracement before another down fall rally .

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USD/CAD Forecast 22/01/2017

The USD/CAD pair is in a upward channel but overall the picture is in a down trend and for long term i am in a sell mood so me not buying the pair right now because i feel that within 50-100 pips range the pair may change the trend .

But to know the real trend we can see some levels and check those .In down trend the 1.2900 zone is the most important one because the pair bounced multiple times from this zone ,if it breaks we can see a clear down trend from the channel.

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