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Chase_wind has taken 28th place in Trader Contest Mar 2018

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USD/CAD: forecast for the next week

In daily chart, the price is stuck below the strong resistance: 50.0% Fibonacci retracement level of 1.29270 of the downleg from 1.3800 to 1.2060, which is acting as a major resistance barrier and holds near the 20 - day SMA (green line).
In case of further negative pressures, A successful close below 1.2800 support (red line) near the 40 – day SMA (yellow line) could push the price towards the 38.2% Fibonacci mark of 1.2727. A drop below the red line could open the door for the 1.2470 support, …
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EUR/JPY: maintained uptrend in short-term

The pair maintained uptrend. the technical indicators in the 4 hour chart suggest that the market could consolidate gains in the near-term.
The RSI is moving sideways above 50, while the MACD is trending in positive territory above 50 but is currently capped by its red signal line suggesting that prices could continue the range-bound trading, but the bullish cross between the 20 - SMA (green line) and the 50 - SMA (yellow line) hints that Monday’s uptrend could remain in place.
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