#GOLD
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Gold is expected to test the resistance area at $1860 today. Most likely, buyers will not be able to break through this resistance on the news.
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#EURUSD
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As expected, the price reached support at 1.12240. Now, in the near future, it is expected that sellers will consolidate at this support in order to break through it and go further down.
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#AUDCAD
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The AUDCAD currency pair is trading near the support of 0.89785 and is likely to bounce a little higher. Not so long ago there was a broken resistance line of the descending channel and now the instrument has a tendency to recover.
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#USDJPY
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After breaking through the level of 114.465 yesterday, the currency pair has the potential for further growth. The growth target now is the level of 115.500. However, there is a slight hurdle at 115.020.
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#GOLD
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A small recovery can be expected after a strong downward momentum in gold today. In principle, the metal has not yet lost its purchasing power in the long term, and fixing above the level of 1823.50 may contribute to further recovery.
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Hello everyone!
#EURUSD
🔥New idea - Link
Most likely the price today and on Monday will strive to reach the level of 1.12240 in order to test this resistance. The main movement is expected to be made today after the update of the current low.
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#GBPUSD
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Level 1.33525 is expected to become a pivot this week for the GBPUSD currency pair, from where the price will go to resistance 1.34490. It is also possible that the price will be able to move a little more towards 1.35070.
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#EURJPY
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In the medium term, the EURJPY currency pair is likely to continue its downward movement. However, a recovery to the level of 129.475 is most likely to be expected now, from where the downward movement from the resistance line will continue.
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#GOLD
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Before leaving the market for the weekend, gold is expected to approach the level of 1801.35. If the price manages to gain a foothold at this level, then this will give some chances for recovery next week.
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Hello everyone!
#EURUSD
🔥New idea - Link
As mentioned earlier in the EURUSD forecast for this week, we should expect the price to approach the low of the last week. From there, the inside can potentially go for a correction. Thus, approach to the level of 1.11325 is expected.
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✅EURUSD №1 ✅EURUSD №4
✅EURUSD №2 ✅EURUSD №5
✅EURUSD №3 ✅EURUSD №6
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#GBPUSD
🔥New idea - Link
In the case of the pound, a similar situation is expected as for the euro . Here, another downward rollback can be expected from resistance 1.34490. Last week's lows are located near the level 1.33525, where the target of this descent lies.
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#EURJPY
🔥New idea - Link
As expected, the currency pair will continue to grow towards the resistance line. However, there may be a slight downward movement, but the price will not update the latest local lows and will not fall below the level of 128.360 with a high degree of probability.
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#GOLD
🔥New idea - Link
In the future, the metal is likely to continue to fall, but recovery to the level of 1801.35 is likely to be inevitable. If the price fails to consolidate further, then this is a clear hint of a medium-term fall. Now we can expect a recovery from the level of 1780.55.
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