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rauan

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USDCHF on hourly timeframe passed descending trendline that previously worked as dynamic resistance to the instrument. USDCHF is expected to continue rising up to area 0.9645 (local static barrier) and 0.9660 (daily dynamic resistance). Intraday confirmation for USDCHF long entry comes after close above short-term ascending trendline 0.9590 (15-min timeframe).

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You could trade EURUSD since 19.Oct with just one dynamic line from 01.Oct low 1.1132. At the same time EURUSD has got confirmed resistance at 1.1380. Would we see breakout from narrowing range before ECB meeting? I need your guess.

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GBPUSD confirmed retracement from static resistance 1.5494 after few fake breakouts (marked with shadows on the chart). Currently expecting decline from current dynamic barrier (4H timeframe) and test of mentioned support in 1.5385-1.5395 area. More details in previous forecast:

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EURUSD on daily timeframe retraced from historical resistance zone 1.1380-1.1420, then pair dropped to target level 1.13. On hourly chart EURUSD is supported by ascending trendline which connects min levels for 01-02.October 1.1132 and 1.11148. Probable scenario is upward correction to level 1.1360/80. EURUSD decline is main scenario until the pair trades...

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GBPUSD on Monday tested descending trendline that connects max levels of 25.Aug and 18.Sep, 1.5818 and 1.5658. As displayed on 4-hour timeframe, GBPUSD static resistance is set at 1.5494, local high of 14.Oct which has been tested 4 times since that time. Bounce from 1.5495 and close below trendline projection 1.5470 gives opportunity to sell GBPUSD targeting 1.5375.

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GBPNZD has tested dynamic support 2.2760 which is projected by downward trendline from 02-06 October highs 2.3773-2.3433. Once described support is broken, GBPNZD would continue slide targeting 2.2680 (green trendline) and 2.2593 (38.2% Fibo correction ratio to upward wave 1.93-2.463). Pair's rise from current level would help it test static zone 2.2980...

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As displayed on daily chart, SP500 has tested its first dynamic resistance that connects max levels for 20 and 31 July, 2133 and 2116 accordingly. Current price is a potential entry point for short trade with SL placed above dynamic resistances; additional static resistance is placed at 06 July minimim 2043. Your comments on given forecast are highly appreciated!

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Risky short-term sell despite general bullish outlook for GBP during rate decision. Selling from testing upward green line, TP 1.5285.

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USD/CHF performs backward testing of dynamic area 0.9715-0.9725, that is highlighted on the chart. Likely scenario: decline after testing 0.9725 aiming 0.9600/0.9590. Alternative scenario: fix above 0.9725 leads to pair growing to 0.9760/70.

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AUD/USD on Wednesday technically tested long-term resistance 0.7232 which was projected on Weekly timeframe from historical low and confirmed on intraday chart as the upper line of ascending channel (green). AUD/USD entry signal is test and break of lower line of green channel in 0.7200 area. First sell target is set at 0.7140, previous hourly channel.

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EUR/USD continued bullish recovery on Thursday, reaching intraday high of 1.1296. Few hours ago daily descending trendline looked odd already, though by day's close the pair returned back to its current value of 1.1215. Intraday resistance is placed at 1.1260. Keep your eye on the trendline, daily close on Thu and Fri below it confirms selling opportunity for EUR/USD.

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EUR/USD has recovered on daily chart to 1.1215 resistance level, which is projected descending trendline of 08.May top 1.3993 and 01.Jul to [ 1.3701. On intraday chart the pair is moving in short-term ascending channel with current borders at 1.1180-1.1240. Expected scenario is EUR/USD close below lower line of ascending channel and fall resumption...

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On weekly timeframe AUD/USD tested long-term level 0.7232 but hasn't closed above and reversed down, which stated unconfirmed breakout. As daily candles show, closing values for 17-18 Sep were right below it. Also on daily chart AUD/USD returned back below descending trend line (violet), which connects minimum levels from 24 Jan - 02 Apr. Its current value 0.7070...