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TechAnalysis for majors

• Alextrader79

  13 Dec 17, 20:11

  USD/CHF has retained the 0.9900 round level that triggered a bearish sentiment. I don’t exclude the further quotes growth. I’ll buy the pair, if it fixes above the 0.9920 local resistance. It may move to 0.9935-0.9950

  

• Alextrader79

  14 Dec 17, 18:38

  The Fed, as expected, raised the key interest rate by 25 points. At the same time, the US dollar weakened against the majors. The central bank is concerned about a low inflation level in the country. The US currency remains under pressure.

  Bears prevail on USD/JPY. I’ll open deals in the current trend direction and sell the pair with a trailing stop, if it fixes below 112.70. It may move to 112.50-112.15.

  

• Alextrader79

  14 Dec 17, 18:41

  There is an upward trend on AUD/USD. I don’t exclude the further quotes growth. The pair has a good potential for the further growth on larger timeframes. I’ll buy the pair, if it fixes above the 0.7670 resistance level. It may move to 0.7700-0.7725.

  

• Alextrader79

  15 Dec 17, 18:48

  Aggressive purchases were observed on AUD/USD from the beginning of this week. Nevertheless, I expect a technical correction. The divergence of the price and MACD histogram appeared on the asset. I’ll sell the pair, if it fixes below the 0.7670 mirror support level. It may move to 0.7635.

  

• Alextrader79

  15 Dec 17, 18:54

  Bears prevail on USD/CAD. The demand for the Canadian dollar has significantly grown. I’ll sell it, if it fixes below the 1.2740 local support. The goal for taking profit is the 1.2700 round level.

  

• Alextrader79

  18 Dec 17, 18:28

  There are aggressive sales on USD/CAD. The price is testing the 1.2885 key resistance level now. I don’t exclude the further quotes growth. I’ll buy the pair, if it fixes above the 1.2885 mark. It may move to 1.2925-1.2950.

  

• Alextrader79

  18 Dec 17, 18:31

  Bears prevail on GBP/USD. The quotes are consolidating in the 1.3340-1.3360 range. The demand for USD resumed. The asset has the potential for the further decline. I’ll sell the pair, if it fixes below 1.3340. The goal for taking profit is the 1.3300 round level.

  

• Alextrader79

  19 Dec 17, 18:37

  EUR/USD is testing the 1.1810 resistance level. A weak data on the business climate of German IFO was published recently. I do not exclude the development of a downward trend in the near future. I’ll sell the pair if it fixes below 1.1790. it may move to 1.1760-1.1730. 

  

• Alextrader79

  19 Dec 17, 18:38

  An interesting technical pattern has appeared on the USD/CHF pair. It is consolidating after a significant fall during yesterday trading. The key range is 0.9845-0.9860. I expect a correction soon. I’ll buy the pair if it fixes above 0.9860. It may move to 0.9880-0.9890 (50.0%-61,8% correction zones). 

  

• Alextrader79

  20 Dec 17, 20:08

  I expect a correction on NZD/USD. It is consolidating in the 0.6960-0.6975 range. I’ll sell, if the price fixes below the 0.6960 local support. It may move to the 0.6925 mirror support level.

  

• Alextrader79

  20 Dec 17, 20:13

  Bulls prevail on the USD/JPY pair since the beginning of the week. I expect the further quotes growth. The price is testing the 113.20 mirror resistance level. I’ll buy the pair if it fixes above this mark. It may move to 113.65. USD/JPY can reach 114.00 in the medium term.

  

• Alextrader79

  21 Dec 17, 21:25

  My yesterday expectations for USD/JPY confirmed. Yen weakened, so I expect the quotes growth. I’ll buy the pair. If it fixes above the 113.65 key support. The goal for taking profit is 114.00.

  

• Alextrader79

  21 Dec 17, 21:27

  Bears prevailed on GBP/USD yesterday. The price is testing the 1.3385 mirror resistance level. I don’t exclude the further quotes fall. I’ll sell the pair with a trailing stop, if it fixes below 1.3365. It may move to 1.3340-1.3300.

• Alextrader79

  22 Dec 17, 20:56

  The euro currency remains under pressure due to the election results in Catalonia. I expect a downward trend on EUR/USD. I’ll sell the pair if it fixes below the 1.1845 mark. It may move to 1.1800. I’ll watch the economical reports from the US.

  

• Alextrader79

  22 Dec 17, 20:57

  Aggressive sales were observed on USD/CAD. The demand for the Canadian dollar is still high. It happens due to the publication of positive data on inflation and retail sales in Canada. I’ll sell USD/CAD after it fixes below the 1.2700 round level. It may move to 1.2650

  

• Alextrader79

  26 Dec 17, 18:40

  Trading activity and volatility on majors declined due to the holidays. I expect a flat movement during the next week. Positions will be opened from the key levels on smaller timeframes.

  The GBP/USD currency pair has been in a flat movement for some time. I highlighted the following key support and resistance levels: 1.3355 and 1.3375. I expect emergence of a bearish sentiment in the nearest future. I’ll sell GBP/USD in case it fixes below 1.3355. The target for taking profit is the 1.3335 support level.

  

• Alextrader79

  26 Dec 17, 18:41

  The USD/JPY quotes are consolidating in the 113.20-113.35 range. I don’t exclude the further growth of this pair. I’ll buy it, if it fixes above 113.35. It may move to the 113.60 local resistance level.

  

• Alextrader79

  27 Dec 17, 18:53

  There is a strong trend movement on AUD/USD. Rising of commodity prices supports the pair. I don’t rule out a bullish sentiment. I’ll buy the pair, if it fixes above 0.7775. It may move to 0.7825.

  

• Alextrader79

  27 Dec 17, 18:55

  There were aggressive purchases of GBP/USD during the Asian trading session. The quotes are consolidating in the 1.3400-1.3415 range now. I expect a technical correction soon. I’ll sell the pair, if it fixes below the 1.3400 round level. It may move to 1.3380-1.3370.

  

• Alextrader79

  28 Dec 17, 18:09

  The demand for the US dollar is falling. Today, the EUR/USD quotes are still growing. The key trading range is 1.18850-1.19500. 1.18850 is a mirror support.  I'll open positions from key support and resistance levels.