usd/jpy touched 112 -31/03/2017

USD/JPY touched the 112 level by breaking the vital level of 111.60 but could not sustained to hold this important level .Now 110.80 is acting as major support and if that break next week we can see new low.The pair actually stopped in a very interesting point but the good news is that we are seeing that the pair hold the level comfortably .

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usd/jpy testing 111.52 -30/03/2017

USD/JPY testing 111.52 level quite few times which indicates that the pair may break this level very easily .if that is done we can see a target of 113 in near term.The pair turned very much in positive from the 110.10 level and showing very bullish movement .

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USD/JPY -110.10 acting as strong resistance -28/03/2017

The USD/JPY pair is now in a gap filling mood and the pair is bouncing again and again from the 110.10 level which indicates that the pair is going to fill the weekend gap near the 111 level .In the daily chart timeframe the pair is almost in the oversold region which indicates that some retracement is possible on the upward level.Temporary bullish movement will be seen if the pair can give a consistent bullish upward movement from the 111.15 level and can sustain over 111.50 for longer period.

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USD/JPY trying to reach 111 level -27/03/2017

USD/JPY trying to reach 111 level.The pair actuallt at last failed to crack the 111 level and from the 110.83 level the pair again came down to its previous lower level which suggest that there may be a downtrend for sure .So we have to keep eye on the 110.00 level .If that breaks we can assume that the pair may touch its next stop at 109.00.

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AUD/JPY may get a breather 26/03/2017

AUD/JPY though broke the uptrend recently and got a huge pips downward move but now the pair may get a upward movement upto the 86.00 level and if that can sustain at the upper level we can see upward movement and if the pair broke the downward movement at  84.30 level ,we can see next down leg upto the 83.50 level.

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USD/CAD in a range trading zone -25/03/2017

USD/CAD is moving in a range trading zone ,though in the long term ,the pair is in a rising mode and the trend is upward but me expecting a pull back towards the 1.3200-1.31800 level  and then the breakout may occur towards the 1.3600 zone .

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AUD/USD in consolidation -24/03/2017

AUD/USD in consolidation mode but as the pair is under the 200 EMA range ,the overall trend is bearish so i feel that there will be a tryout to break the 0.7650 level and if that can be successful we can see some good upward bounce and another thing is that downwards the pair have to break the 0.7600 level .In the H1 chart ,the RSI is in the middle range and for that me expecting a small bounce and then a down breakout .

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USD/JPY can touch 107 -23/03/2017

Seems the USD/JPY pair may touch 107.oo ,actually the pair fall down from the strongest support zone at the 111.60 level and that denotes that the pair may touch the 107 level in longer run.The pair failed to cross the above important level and is now around 110.80-111 level ,seems its now will touch to the 110 level and from there some upward movement may be there ,if it fails to sustain in this level ,it can go more deeper .

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USD/JPY lowest level in 2017 -22/03/2017

USD/JPY pair today touched the 110.75 level which is 2017 year’s lowest level and if the pair can not cross the 111.60 level strongly in coming periods ,the pair will go to the 110 level ,though the Stoch indicates that the pair is going to the oversold area which indicates that a trend change may come soon .In the last 2 weeks ,the pair fall about 450 pips without any kind of retracement .

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AUD/USD moving upward -20/03/2017

AUD/USD pair is showing the bullish movement after the high upward movement and trend change from the 15th March move and now its showing the stoch divergence which suggest that more upward movement is going to occure and the pair may touch the 0.7800 level pretty soon ,i will go bearish if the pair breaks 0.7600 level and sustain .

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