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USDJPY Halts Weakness With Eyes On More Recovery

USDJPY eyes more recovery following its price halt on Thursday. As long as it stays above the 110.35 support zone, more price strength is expected. On the upside, resistance comes in at 111.50 level. Above this level will turn attention to the 112.00 level. Further out, we expect a possible move towards the 112.50 level. A cut through here will open the door

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USDCAD Eyes More Upside Pressure On Corrective Recovery

USDCAD eyes more upside pressure on corrective recovery as it saw a rally on Thursday. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3150 level. Conversely, resistance lies at

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EURUSD Bull Pressure Remains Towards Major Resistance

EURUSD bull pressure remains towards major resistance at 1.1419 area. This is coming on the back of its recent gain. Support lies at the 1.1300 where a break will turn attention to the 1.1250 level. A break below here will target the 1.1200 level. Further down, support lies at the 1.1150. On the upside, resistance resides at 1.1400 level with a break through

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GBPUSD Risk Continues To Point Higher Despite Price Hesitation

GBPUSD risk continues to point higher despite price hesitation. Support stands at 1.3250 level. Further down, support comes in at the 1.3200 level where a break will turn focus to the 1.3150 level. Further down, support lies at the 1.3100 level. Below here will set the stage for more weakness towards the 1.3050 level. On the upside, resistance stands at the 1.3300 with

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USDJPY Risk Remains Lower On More Weakness

USDJPY risk remains lower on more weakness as it closed lower on Monday. On the upside, resistance comes in at 111.50 level. Above this level will turn attention to the 112.00 level. Further out, we expect a possible move towards the 112.50 level. A cut through here will open the door for more gain towards the 113.00. On the downside, support comes in

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GOLD Threatening Further Upside Pressure Nearer Term

GOLD threatening further upside pressure nearer term as it closed higher the past week. The pair looks to move higher towards the 1,310.00 resistance zone in the new week. Further out, resistance resides at the 1,320.00 level where a break will aim at the 1,330.00 level. A turn above there will expose the 1,340.00 level. Further out, resistance stands at the 1,350.00 level.

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GBPJPY Heads Higher Towards Key Resistance Level

GBPJPY heads higher towards key resistance level as it retain its short term uptrend. On the downside, support comes in at the 147.50 level where a violation will aim at the 147.00 level. A break below here will target the 146.50 level followed by the 146.00 level. Conversely, resistance is seen at the 148.50 level followed by the 149.00 level. A cut through

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USDJPY Sees Rally With Eyes On Key Resistance Area

USDJPY sees rally with eyes on key resistance area located at 1.1213. Further out, resistance comes in at 112.50 level. Above this level will shift focus to the 113.00 level with a cut through sending the pair towards the 113.50 level. A break through here will open the door for more gain towards the 114.00. Its daily RSI points higher suggesting further upside

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