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Bearish: GBP/CHF is currently at 1.1384 after a clean reversal. With this pullback, we are looking to continue to the ATR target at 1.1324 area with a further target of 1.1300.
Watch the USDX for direction. The average daily true range (ATR) for the pair is 86 pips, and its 180-day average is 104 pips per day. USDX is currently threatening down.
The EUR/USD formed a High 1 buy setup on March 27th and found buyers above the bar yesterday. A high 1 buy setup after a strong breakout, such as the rally up to March 23rd,...
UK credit and money supply data published on Wednesday mostly came out weaker than expected, indicating a continued tightening of financial conditions. The unexpected exception was...
Bullish: AUD/JPY currently at 88.37 in a channel in range. If we can break resistance here, we are looking for a continuation to the ATR Target/1.618 Fibo at 89.22 with a further...
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