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Weekly Technical Analysis: 05/02/2018 – USD/JPY, EUR/USD, GBP/USD, AUD/USD, USD/CHF

 

USD/CHF

The USDCHF pair traded with clear negativity yesterday to approach our waited target at 0.9418, to keep the bullish trend scenario active until now, being away that it is important to monitor the price behavior when touching the mentioned level, as breaching it will push the price to extend its gains and head towards 0.9530 as a next station, while its stability will push the price to decline again.

We should note that breaking 0.9285 will stop the expected rise and push the price to resume its main bearish track again.

Expected trading range for today is between 0.9285 support and 0.9418 resistance.

 

USD/CHF, February 07

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USD/CHF, February 07

Source: economies.com - Click to enlarge

USD/JPY

 

USD/JPY with Technical Indicators, February 05

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USD/JPY with Technical Indicators, February 05

- Click to enlarge

EUR/USD

 

EUR/USD with Technical Indicators, February 05

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EUR/USD with Technical Indicators, February 05

- Click to enlarge

GBP/USD

 

GBP/USD with Technical Indicators, February 05

(see more posts on British Pound, )
GBP/USD with Technical Indicators, February 05

- Click to enlarge

AUD/USD

 

AUD/USD with Technical Indicators, February 05

(see more posts on Australian Dollar, )
AUD/USD with Technical Indicators, February 05

- 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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