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Weekly Technical Analysis: 15/01/2018 – USDJPY, EURUSD, GBPUSD, WTI Oil Futures

 

USD/CHF

The USDCHF pair succeeded to break 0.9656 level and hold with a daily close below it, which confirms opening the way to extend the bearish wave towards our yesterday’s mentioned next target at 0.9566, noticing that the price approaches retesting the broken level now.

Therefore, we are waiting for more decline in the upcoming sessions, noting that breaching 0.9656 might push the price to achieve some intraday gains and test the key resistance areas that start at 0.9730 and might extend to 0.9800 before any new attempt to decline.

Expected trading range for today is between 0.9570 support and 0.9680 resistance.

 

USD/CHF, January 16

(see more posts on USD/CHF, )
USD/CHF, January 16

Source: economies.com - Click to enlarge

USD/JPY

USD/JPY with Technical Indicators, January 15

(see more posts on USD/JPY, )
USD/JPY with Technical Indicators, January 15

- Click to enlarge

EUR/USD

EUR/USD with Technical Indicators, January 15

(see more posts on EUR/USD, )
EUR/USD with Technical Indicators, January 15

- Click to enlarge

GBP/USD

GBP/USD with Technical Indicators, January 15

(see more posts on British Pound, )
GBP/USD with Technical Indicators, January 15

- Click to enlarge

WTI Oil

WTI Oil with Technical Indicators, January 15

WTI Oil with Technical Indicators, January 15

- Click to enlarge

 

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Raffi Boyadjian
Raffi graduated from the London School of Economics in 1999 with a BSc in Business Mathematics and Statistics. Following graduation, he joined PricewaterhouseCoopers in the Business Recoveries team, where he was responsible for handling the process lifecycle of companies in liquidation.
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