Analysis by AlexKul

This is a discussion on Analysis by AlexKul within the Technical Analysis forums, part of the Methods category; The demand for the US dollar is at a high level now. The technical pattern on AUD/USD indicates emergence of ...

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Old Oct 18, 2017, 10:40am   #241
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alextrader79 started this thread The demand for the US dollar is at a high level now. The technical pattern on AUD/USD indicates emergence of a bearish sentiment. The price is testing the 0.7820 local support. I値l sell the pair, if it fixes below 0.7820. It may move to 0.7790.
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Old Oct 18, 2017, 10:41am   #242
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alextrader79 started this thread Great Britain has published a mixed report on the labor market. Bears dominate on GBP/USD now. The asset has the potential for declining. The Outside bar PA pattern formed on this pair. I値l sell GBP/USD, if it fixes below 1.3150. It may move to the 1.3100 round level.
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Old Oct 20, 2017, 10:13am   #243
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alextrader79 started this thread USD/CAD is consolidating now. The market participants wait for the report on the inflation and retail sales (12:30). I致e identified the key S&R levels: 1.2500 and 1.2520 and will open deals after the price fixes above/below these marks.
I値l buy USD/CAD after it retests the 1.2520 mark. It may move to 1.2550-1.2575.
I値l sell, if it fixes below the 1.2500 round level. It may move to 1.2460-1.2450.
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Old Oct 20, 2017, 10:15am   #244
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alextrader79 started this thread The pound is still under pressure. The series of weak reports from the UK was published this week. GBP/USD is fixing now. I think that the currency can decline further. I値l sell this pair, if it fixes below 1.3120. It may move to 1.3090-1.3075.
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Old Oct 23, 2017, 12:49pm   #245
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alextrader79 started this thread There were aggressive purchases of USD/CAD on Friday. The Canadian dollar weakened against the US dollar by more than 150 points. This happened due to the publication of weak reports on the inflation and retail sales in Canada. The technical picture is ambiguous now. The asset is consolidating. I don稚 exclude a technical correction in the nearest future. I値l sell USD/CAD, if the price fixes below the 1.2615 local support. The pair may move to 1.2585.
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Old Oct 24, 2017, 10:04am   #246
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alextrader79 started this thread GBP/USD held the 1.3215-1.3225 local supply zone during the Asian trading session. It caused emergence of a bearish sentiment. The pair has the potential for the further reducing. I plan to open deals in the current trend direction. I値l sell GBP/USD, if the price fixes below 1.3185. The closest target for taking profit is the 1.3160 level. I値l use a trailing stop for this position.
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Old Oct 24, 2017, 10:06am   #247
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alextrader79 started this thread Aggressive sales of AUD/USD were observed during the Asian trading session. The currency found its support at the 0.7780 level. I plan to wait for a correction to 0.7795-0.7805. If the price reaches this zone, I値l short the pair. It may move to 0.7780-0.7750.
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Old Oct 25, 2017, 10:33am   #248
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alextrader79 started this thread My expectation on AUD/USD were confirmed. Aggressive sales were observed during the Asian trading session. It happened due to the publication of a weak report on the inflation in Australia. I値l sell the pair, if it fixes below the 0.7710 local support. The pair may move to 0.7675-0.7650.
I also don稚 exclude a technical correction after a sharp fall of AUD/USD. I値l buy the pair, if it fixes above the 0.7730 local resistance. It may move to 0.7750-0.7775.
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Old Oct 25, 2017, 10:35am   #249
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alextrader79 started this thread I expect a correction on USD/CHF soon. The divergence of price and MACD has appeared, it痴 a reversal formation. I値l sell it with a trailing stop, if the pair fixes below 0.9895. It may move to 0.9870-0.9840.
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