Market analysis

Jungshin

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CAC weekly

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still expect more bullish rally towards the zone and a rejection within it for possible bearish momentum towards 4584.5.You can remain flat for now and wait for the pullback to 4987.7-4936.1 to sell this commodity within it with your take profit at 4584.5 and stop loss at 5166.4.In case of a clear penetration below 4584.5, wait for a confirmation of further bearish momentum before you continue short with this commodity towards the lower support level marked at 4000.7.
 
EURUSD daily
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According to the chart attached, only sell positions looks more ideal and can be recommended with the first target at 1.0990 and the next ideal target at 1.0521. Only a break out above 1.1459 will attract a possible buy towards 1.2690.
 
USDJPY H4

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The anticipated bullish price rally is the continuation of the impulsive wave to the upperside and may break above 110.362 towards 113.770
 
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waiting for a correction to the above mentioned zone followed by a bounce within it to sell GBP with my take profit at 1.2706 and stop loss at 1.3579.In case of a breach below 1.2706 then more bearish price rally will be expected towards 1.2427 or even lower
with a big green candle then bullish momentum of this pair can be anticipated towards the key resistance level 1.3751, or even higher to the resistance level 1.4344.
 
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