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Weekly analysis

EUR/CAD Weekly Analysis ( March 27-31)

Daily chart analysis
The EUR/CAD currency pair is in a retracement at the moment, according to the daily chart. The end of the retracement might be at 1.4532 (Fibo 50%). It is highly possible that the MACD and the stochastic oscillator will turn negative next week.

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8 hour chart analysis
According to the 8 hour chart, the EUR/CAD currency pair is into a range between 1.4500 and 1.4350 at the moment. If the price exits from the range below 1.4350, it might continue to fall below EMA 200 (1.4371).

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EUR/GBP Weekly analysis ( March 20-24)

Daily chart analysis
The EUR/GBP pair will continue in a downtrend if falls below EMA 200 (0.8599), according to the daily chart. The MACD is near a negative mode. A possible target for this currency pair may be Fibo 23% (0.8520), then 0.8424, in order to form a triangle.

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8 hour chart analysis
According to the 8 hour chart, the MACD is in negative territory. The downtrend may continue for this pair if the price reaches Fibo 50% (0.8626).

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EUR/USD Weekly Analysis ( March 13-17)

Daily chart analysis
The EUR/USD currency pair has increased, but the price is still below EMA 200. A possible next target as a retracement might be Fibo 50% ( 1.0814), then Fibo 61%( 1.0928). The MACD is positive and the stochastic oscillator indicates an uptrend in the short term.

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8 hour chart analysis
The price on EUR/USD is above EMA 200 and this indicates an uptrend in the medium term. The uptrend will continue until at least Fibo 50% (1.0818), when it will close an intermediate gap. The MACD also indicates a positive trend for this currency pair.

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Gold Weekly Forecast ( March 6-10)

Daily chart analysis
The downtrend will continue below EMA50 (1220). A first target in the medium term might be at 1179.41 (Fibo 23%). According to the daily chart, the MACD and the stochastic oscillator confirm the downtrend.

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8 hour chart analysis
The MACD indicates a downtrend on the 8 hour chart. The confirmation of a downtrend will be below EMA 200, with a potential target at 1204.45 (Fibo 38%).

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USD/CHF Weekly Forecast ( February 27-March 3)

Daily chart analysis
The confirmation of a downtrend for the USD/CHF currency pair is below EMA50 ( 1.0030). A possible target for this pair might be at 0.9780 (Fibo 38%), in the medium long term. The stochastic oscillator indicates already a downtrend. The MACD is near a downtrend confirmation.

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8 hour chart analysis
The MACD is already negative, according to the 8 hour chart. A downtrend confirmation is below the 61% Fibo (1.0030). A possible near term target is at 0.9940 (Fibo 50%).

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EUR/USD Weekly Forecast ( February 20-24)

Daily chart analysis
Another retracement wave is expected if the price reaches EMA 50 (1.0662). The stochastic oscillator also indicates a retracement continuation. The price might rise at Fibo 38% ( 1.0830). A potential target for the EUR/USD currency pair in the long term is Fibo 50% (at 1.0980).

EURUSDdaily page 001

8 hour chart analysis
The MACD is positive, according to the 8 hour chart. If the price reaches EMA 200 ( 1.0694), this will be a confirmation of an uptrend in the short term. The price might rise more in order to form a triangle at 1.0812.

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USD/JPY Weekly Forecast ( February 13-17)

Daily chart analysis
The USD/JPY currency pair is into an uptrend at this moment. According to the daiy chart, The MACD and the stochastic oscillator are positive and a potential target might be 116,61 (Fibo 76%).

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8 hour chart analysis
The MACD is positive and the price is still above EMA200. The price is still in an uptrend and it might rise at 115.30, in order to form a triangle in the medium term.

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NZD/USD Weekly Forecast ( February 7-10)

Daily chart analysis
According to the daily chart, the confirmation of a downtrend for NZD/USD currency pair will be when the price reaches 0.7212 (Fibo 76%). Another target might be 0.6915 (Fibo 50%), in the medium long term.

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8 hour chart analysis
The stochastic oscillator is into a downtrend at this moment. The real confirmation of a downtrend for this pair might be at 0.7142 (EMA 200). Another target might be 0.7056 (Fibo 38%), correlated to the 8 hour chart.

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EUR/USD Weekly Forecast ( January 30-February 3)

Daily chart analysis
The price for EUR/USD currency pair reached EMA 50. This means that a possible target for this pair might be 1.0380. The MACD and the stochastic oscillator are negative and the downtrend will continue in order to form a triangle.

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8 hour chart analysis
The price is below EMA 200 and this confirms a continuation of a downtrend, according to the 8 hour chart. The MACD is into negative territory.

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AUD/NZD Weekly Forecast ( January 23-27)

Daily chart analysis

The price for AUD/NZD is near EMA200 (1.0500), according to the daily chart. If the price falls below EMA200, a possible target for this pair may be 1.0350 in order to form a triangle.  The MACD and the stochastic oscillator are near negative zone. 

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8 hour chart analysis

At this moment, the AUD/NZD currency pair is into a tight range between 1.0564 - 1.0482. According to the 8 hour, the MACD is near negative zone.

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