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October 4

GBPUSD Technical Outlook 02/04/2016

forexblast Posted 2 Apr. in #Trader's blog

Dear Traders
This week after sharp gain in first two session of the week GBPUSD lost most of his gain by the end of the week. Technically on Daily Charts GBPUSD pair having a strong resistance at 1.4260 while support at 1.4095, according to Fibonacci Retracement. GBPUSD traders advise to go for a sell side in it next week until its traded below 1.4260. IF GBPUSD traded below 1.4090 then it may touch 1.3840 level in next week.
Thanks and Happy Weekend!
Forexblast

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EURJPY Technical Outlook 16/03/2016

forexblast Posted 16 Mar. in #Trader's blog

Dear Traders
EURJPY recovered well from lower levels of yesterday session and currently its trading at 126.03 with 0.27% of gain in prices. Technically on 4 hrs chart EURJPY pair having a strong resistance at 127.30 and support at 125.10, according to Fibonacci Retracement (see Image). EURJPY traders advise to Buy EURJPY above 126.30 with stop loss of 125.60 and wait for the target price of 127.30.
Thanks
Forexblast

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GBPUSD Technical Outlook 14/03/2016

forexblast Posted 14 Mar. in #Trader's blog

Dear Traders
GBPUSD trading lower on Monday after sharp gain on Friday. GBPUSD currently trading at 1.4348 with 0.24% of loss in prices. Technically on 1 hrs Chart GBPUSD having a strong resistance at 1.4440 and support at 1.4230, according to Fibonacci Retracement (See image).GBPUSD traders advise to BUY GBPUSD around 1.4320 with the stop loss of 1.4230 and wait for the price of 1.4430.
Thanks
Forexblast

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