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Trading idea over GBP/JPY for today

Hello all have a look gbp/jpy for today
The gbp/jpy pair did not succeed to hold above 146.60 level yesterday, to stay hesitant against the available options, as settling above the bullish channel’s support at 144.50 supports the preparation to build strong positive trades, while the moving average 55 at 147.50 supports the bearish correction attempts for now.Therefore, i prefer staying aside for the near term trading and monitor the price behavior until confirming the main trend and avoid any l…
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Trading idea over EUR/JPY for today

Hello all have a look eur/jpy for today
The eur/jpy pair succeeded to surpass the moving average 55 yesterday, which formed an initial resistance at 130.15, attempting to regain the bullish bias again, while i depend on 130.15 levels forming additional support to expect renewing the bullish attack to target 132.20 followed by reaching 133.10.
I notice that stochastic consolidates above 50 level to increase the chances of gaining new positive momentum to confirm the attempt to achieve the suggest…
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Trading idea over GBP/JPY for today

Hello all have a look gbp/jpy for todayThe gbp/jpy pair provided new positive rally, surpassing 147.50 level, to settle above the bullish channel’s support, the continuation of the price stability above the current support confirms surpassing the bearish bias domination, to begin targeting new positive level by reaching 148.80 reaching to 150.80, threatening the stability of 38.2% Fibonacci correction level.Stochastic reach to the overbought level and its fluctuation above 80 level increases the…
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Trading idea over AUD/USD for today

Hello all have a look aud/usd for todayThe aud/usd pair shows some calm bullish bias on its way for a potential test to 0.7500 level, noticing that the EMA50 meets this level to add more strength to it, while stochastic loses its bullish momentum clearly to reach the overbought areas.Therefore, these factors encourage me to continue suggesting the bearish trend in the upcoming sessions conditioned by the price stability below 0.7500 level, noting that I am waiting to visit 0.7370 level as a next…
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Trading idea over GBP/JPY for today

Hello all have a look gbp/jpy for todayThe gbp/jpy pair confirmed the domination of the bullish bias by forming new positive trading and its stability above the bullish channel’s support at 146.90, stochastic rally to 50 level assists to provide the required positive momentum, to confirm the positive continuation that might push the price to achieve extra targets by reaching 148.90 and 150.80.Note that suffering extra negative pressures and attempt to reach below the main current support, so tha…
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Trading idea over USD/CAD for today

Hello all have a look usd/cad for todayThe usd/cad pair shows sideways trading after approaching the first main waited target at 1.2717, noticing that stochastic begins to lose the positive momentum gradually to approach the overbought areas, to support the chances of resuming the bearish trend in the upcoming sessions, reminding you that the completion of the head and shoulders’ pattern supports the expectations of breaking the mentioned level and extend the bearish wave towards 1.2500 followed…
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Trading idea over EUR/JPY for coming week

Hello all have a look eur/jpy for coming weekThe eur/jpy pair forced to provide an intraday sideways trading affected by stochastic negativity below 50 level currently, which might provide a chance for testing the initial support at 131.00 until gathering the required momentum, to renew the bullish attempts that target 132.20 level as an initial main station, to extend the trading to 133.20.While the eur/jpy price reach below the initial support will delay the bullish overview, to build correcti…
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Trading idea over USD/CHF for coming week

Hello all have a look usd/chf for coming weekThe usd/chf pair settles above 0.9600 barrier, and the bullish trend still valid as long as the price remains stable above 0.9581, organized inside the bullish channel that appears on the above chart, waiting to test 0.9675 level mainly.The EMA50 keeps supporting the suggested bullish wave, noting that breaching the targeted level will extend the pair’s gains to reach 0.9790, while breaking 0.9581 will push the price back to the main bearish track aga…
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Trading idea over AUD/USD for today

Hello all have a look aud/usd for todayThe aud/usd pair approached 0.7650 level by today’s opening and shows some slight bullish bias now, affected by stochastic positivity, noticing that the EMA50 forms negative pressure against the price.In general, I will continue to suggest the bearish trend on the intraday and short term basis conditioned by the price stability below 0.7743, reminding you that breaking 0.7650 will push the price to head towards 0.7500 as a next main station.trading range fo…
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Trading idea over USD/JPY for today

Hello all have a look usd/jpy for todayThe usd/jpy pair continues to rise calmly to surpass 23.6% Fibonacci correction level for the decline measured from 113.38 to 104.65, getting positive support by the EMA50, which opens the way to extend the correctional bullish wave to target 107.98 as a next main station.Therefore, I will continue to suggest the bullish trend in the upcoming sessions unless breaking 106.71 and the most important 106.10 and holding below them.trading range for today is betw…
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