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  #31  
Old 05-29-2020, 04:43 PM
John Tollerman John Tollerman is offline
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Default Re: Market Analysis



GBP/USD outlook remains nutral since starting the day and previous hour went 1.80 level but again continuing its bearish trend as Britain's refusal to extend the Brexit transition period so next wave can be more bullish or bearish for the US data.
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  #32  
Old 05-29-2020, 04:45 PM
John Tollerman John Tollerman is offline
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Default Re: Market Analysis



USD/JPY is continuing its price wave movement for the last couple of days so the price is almost in same zone but now investors are waiting for US data so if the news provide positive then it might crose 107 level to 108.60.
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  #33  
Old 05-29-2020, 04:46 PM
John Tollerman John Tollerman is offline
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Default Re: Market Analysis



EUR/JPY is gainging sharply and continuing its monthly high and 200-day moving average at 119.03/119.30 but with four hour chart price is a bit recovering so if the Tokyo Consumer Price Index raised to 0.1 then the price will stay in 117 level again.
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  #34  
Old 06-20-2020, 05:02 PM
John Tollerman John Tollerman is offline
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Default Re: Market Analysis



EUR/USD was relatively low this week, as we saw bearish trend. It is likely to pick up in the week to follow but overall the trend is still likely to remain that way. So it’s important for us to go for short term trades instead of looking for longer ones.
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  #35  
Old 06-20-2020, 05:03 PM
John Tollerman John Tollerman is offline
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Default Re: Market Analysis



GBP/USD was highly bearish this week with it dropping down towards 1.23 mark. We are likely to see some sort of recovery in the week to come, but overall we are certainly to witness it stay very much at same level of line.
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  #36  
Old 06-20-2020, 05:05 PM
John Tollerman John Tollerman is offline
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Default Re: Market Analysis



USD/JPY stayed very much neutral throughout the week. It started in positive zone but turned around quickly. And eventually settling very much near the level it all started up during the opening of the week. It is good time for scalping instead of focusing on long term trades.
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  #37  
Old 06-20-2020, 05:06 PM
John Tollerman John Tollerman is offline
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Default Re: Market Analysis



EUR/JPY was bearish this week with the pair dropping 200 pips. We are likely to see the pressure continue that way but it might recover in some way in the coming week. It is not a bad time to go for short term trades instead of targeting long route.
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