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Day 12/09/2016

The pair finished last week on a bearish note, dropping through 1.1240 support and touching the 50 period Exponential Moving Average. This type of movement will likely trigger an extended fall after a bullish correction.
After the failed attempt to reach 1.1340 resistance, the bears took over and managed to establish their control over the pair. If they manage to close a full candle below the 50 period Exponential Moving Average, we expect the pair to head into 1.1185 but a break of this level i…
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Later in today's New York session we will see the

[b]Later in today's New York session we will see the release of Canadian Retail Sales data for the month of April, as well as comments from Fed Chair Yellen who will be testifying before the House Financial Services Committee, and the weekly release of Crude Oil Inventories. Market focus however will likely remain on the UK's EU referendum which will take place tomorrow.
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Current Sentiment:
Market Focus remains firmly fixed on the UK's EU referendum, with current polls having shifted to an overall…
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I make my suggestions every day based on where I

Hi Forex Trader,
I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.
Overall there is strength in the GBP, NZD and JPY
Overall there is weakness in the EUR, USD and CHF

Buy Trades – GBP/USD, GBP/CHF, NZD/USD, NZD/CHF
Sell Trades – EUR/JPY, EUR/GBP, EUR/AUD, EUR/NZD, EUR/CAD, CHF/JPY, USD/JPY
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Trading Directions I am favouring for the next 24 hours

Trading Directions I am favouring for the next 24 hours
IMPORTANT: Just to let you know that Monday's trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week's prices and the new open prices for the week when making my analysis on a Monday and of course many things can happen between…
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yaritza2 20 Jun

ok..thank you!!!

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GBP/USD 400 PIPS

GBP/USD fell over 400 pips during the first half of May, before rallying 300 pips between the 16-18th as swings in Brexit polls continued to drive sentiment in sterling.
Upside was capped on the 17th with a miss on CPI readings for April; Core CPI was flat for the month and down to 1.2% y/y, from a prior of 1.5% and below expectations of 1.4%. Headline CPI rose a mere 0.3% in the 12 months ending April 30. Despite this miss, downside in GBP was limited as the much of decline in prices was assoc…
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