Technical Analysis Based on Breakout – Remain long towards 1.3607

GBPUSD – Flat Technical Observation: As I suggest earlier this month following the bullish pin bar, Gbp has been rising tremendously to the upper side but is yet to reach my take profit set at 1.3607. I expect further rise towards my take profit or e…

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Technical Analysis Based on Breakout – Flat

EURUSD – Up Technical Observation: Still nothing significant has changed on Eur. Since yesterday, there was only a slight rally to the upper side but still below the monthly resistance zone 1.1986-1.1906. Unless there’s a clear bullish breakout above t…

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Technical Analysis Based on Breakout – Flat

USDJPY – Down Technical Observation: Recently, Usd retraced a bit higher than I expected. Unless there’s a clear sell signal on Usd, I choose to remain flat on Usd. My expectations are that the price should continue to retrace higher towards 112.55 whe…

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GBPUSD orders 30 Nov – Underpinned still but sellers poised

Currently 1.3468 after finding support around 1.3450 earlier
Hopes of Brexit deal still underpinning.
Nice dip to 1.3375 area in NY that I had highlighted yesterday to take profit/buy more longs. Have re-created some small shorts above 1.3470 but not l…

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Germany Nov unemployment change -18k vs -10k exp

German Nov unemployment report now out 30 Nov
– -12k prev revised from -11k
– jobless total down to 2.478mln
– unemployment claims rate SA 5.6% as exp/prev
Better than expected jobless report sees EURUSD still around 1.1845 and EURGBP holding 0.88…

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