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Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

 

 

USD/CHF

The USDCHF pair traded negatively yesterday to break 0.9488 and settles below it, which stops the positive effect of the recently mentioned bullish pattern and push the price to decline again, targeting heading towards 0.9373 initially.

Therefore, the bearish bias will be expected for today unless the price managed to breach 0.9488 and hold above it again, as breaching it will extend the correctional bullish wave to target 0.9581 areas direct.

Expected trading range for today is between 0.9400 support and 0.9520 resistance.

USD/CHF, March 13

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USD/CHF, March 13

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USD/JPY

USD/JPY with Technical Indicators, March 12

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USD/JPY with Technical Indicators, March 12

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EUR/USD

EUR/USD with Technical Indicators, March 12

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EUR/USD with Technical Indicators, March 12

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GBP/USD

GBP/USD with Technical Indicators, March 12

(see more posts on British Pound, )
GBP/USD with Technical Indicators, March 12

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Gold

Gold with Technical Indicators, March 12

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Gold with Technical Indicators, March 12

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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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