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The USDCAD attempts to recover – Analysis - 13-09-2019
The USDCAD pair breached 1.3200 level and settled above it, to turn to rise on the intraday basis, on its way to test 1.3285 mainly.
Therefore, the bullish bias will be suggested for today, noting that breaching the targeted level will hint the price head to regain the main bullish trend after the bearish correction that dominated the recent trades, while breaking 1.3200 will stop the suggested rise and press on the price to decline again.
The expected trading range for today is between 1.3170 support and 1.3300 resistance.
The expected trend for today: Bullish
The USDJPY reaches the first target – Analysis - 13-09-2019
The USDJPY pair succeeded to reach our first waited target at 108.30, showing some slight bearish bias affected by stochastic negativity, but it gets continuous positive support by the EMA50, to support the chances of breaching the mentioned level and open the way to visit 109.30 as a next station.
MoreThe GBPUSD awaits the confirmation signal – Analysis - 13-09-2019
The GBPUSD pair attempted to break 1.2326 level but it couldn’t manage to hold below it, as the EMA50 formed good support against the price, to keep the price stuck between the trend keys represented by the mentioned support and 1.2400 resistance, to keep our neutrality valid until now.
MoreThe EURUSD reaches the target – Analysis - 13-09-2019
The EURUSD pair managed to reach the bearish channel’s resistance that appears on the chart, and the EMA50 meets this resistance to add more strength to it, while stochastic reaches the overbought areas now.
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