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New Zealand Dollar Technical Outlook
Bigger picture, the NZDUSD is expected to advance to the 50% of .7921-.7445 at .7683 and perhaps even the 61.8%-78.6% at .7740-.7920.
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Australian Dollar Technical Outlook
We wrote yesterday that "the push through .9653 satisfies minimum expectations for the rally from .9327.
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Canadian Dollar Technical Outlook
This is a close up view of wave E of the triangle (which is larger wave B within an A-B-C from .9055).
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Swiss Franc Technical Outlook
The USDCHF is probably on its way to a new low.
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British Pound Technical Outlook
A C wave (of either a triangle or flat) is underway.
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Yen Technical Outlook
The USDJPY decline from 108.57 could be the beginning of larger wave 3.
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Euro Technical Outlook
The EURUSD is expected to exceed 1.6018 and continue on to all-time highs in the next few weeks BUT a triangle may be unfolding in which case the advance...
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Euro Triangle Still Possible: Short Term Bearish Implications
The larger trend remains bullish for the EURUSD but the triangle pattern that we have focused on recently is still very much in play. If a triangle is...
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ECB: Are They About to Become the Most Hawkish (and Unpopular) Central Bank Around?
There is no doubt that the European Central Bank remains extremely hawkish, especially as estimates for Euro-zone CPI have rocketed to a fresh 16-year...
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U.K. Manufacturing Contracts Further, Is Great Britain In A Recession?
See the article...
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Dollar Rally to Accelerate Ahead of NFP
The week has opened with nearly all the majors positioned at pivotal technical levels, with the dollar eyeing a return to upside momentum. The Euro pairing...
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Dollar to Remain Range-Bound Against the Franc
A failure of follow-through on the rumors of a surprise SNB rate increase coupled with uncertainty over the fate of the US economy as the Fed shifts to...
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Australian Dollar Hits Fresh 25 Year, Canadian Dollar Collapses
See the article...
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US Dollar: End of Quarter Flows
- Euro: Alternatives for the ECB - British Pound: Consumer Confidence Hits Record Low
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Forex in 60 Seconds - Does CPI at 4% Guarantee an ECB Hike On Thursday?
See the article...
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