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  1. USDCAD broke above 0.9885 resistance

    by , 01-20-2013 at 09:48 PM (Free Forex Market Analysis)
    USDCAD broke above 0.9885 resistance and reached as high as 0.9946 last Friday, suggesting that lengthier consolidation of the downtrend from 1.0055 is underway. Further rise would likely be seen and the target would be at the upper line of the price channel on 4-hour chart. Support is at 0.9890, only break below this level could indicate that a cycle top has been formed at 0.9946, then further decline to test 0.9815 previous low support could be seen.



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  2. USD/JPY Outlook January 21-25

    by , 01-20-2013 at 03:41 PM
    [COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/usd-jpy-forecast/"]USD/JPY[/URL] had a very short consolidation period, and quickly moved higher, breaking the 90 line. A highly anticipated rate decision and the accompanying BOJ Press Conference are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY.[/B][/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]The BOJ is reluctantly warming up to [URL="http://www.forexcrunch.com/the-yen-home-straight/"]aggressive monetary steps[/URL] pressured by the government, and this sent the yen lower. Will the new measures planned by the new Prime Minister Shinzo bail Japan out of recession? The BOJ is ...
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  3. GBP/USD Outlook January 21-25

    by , 01-20-2013 at 03:38 PM
    [COLOR=#444444][FONT=Arial][B]The British pound had a week to forget, as [URL="http://www.forexcrunch.com/category/forex-weekly-outlook/gbp-usd-outlook/"]GBP/USD[/URL]shed 150 pips, closing at 1.5864. There are 10 events in the upcoming week, including Claimant Count Change and GDP. Here is an outlook of the events and an updated technical analysis for GBP/USD.[/B][/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]The pound took a tumble on Friday, as the US dollar was broadly stronger after weak US consumer sentiment numbers. This resulted in a decreased appetite for risk, as investors scurried to the safe-haven US dollar. [/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]GBP/USD graph with support and resistance lines on it. Click to enlarge: ...
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  4. Weekly Outlook (2013 Jan 21 to Jan 25)

    by , 01-20-2013 at 01:22 PM (DaytradingBias.com Forex Commentaries)
    [url="http://www.daytradingbias.com/?page_id=1093"]Weekly Outlook[/url] on the majors for the week is ready.

    Premium reports on the pair [color=green][b]AUDUSD[/b][/color] FREE to all members this week.

    [url="http://www.daytradingbias.com/?page_id=399"]Sign up now[/url] - membership has its privileges.

    [B]DaytradingBias.com[/B] [COLOR="DarkGreen"]Know your odds [/COLOR][COLOR="Red"]before [/COLOR][COLOR="DarkGreen"]you trade[/COLOR]
    Breakthrough Research [URL="http://www.daytradingbias.com/?p=207"]Special Theory of Price Discovery[/URL]
    Special Report [URL="http://www.daytradingbias.com/?p=484"]Market Bias Detective - Forex Daytrading Time Map Vol. 1[/URL]
    Tags: aud/usd
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