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Posted by on in FX Chart Updates

A modest rebound attempt since Friday was again capped by resistance at 1.4982/95 ahead of 1.5013, to leave a more negative bias for early April.

For Today:

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Tagged in: Forex FX GBP GBPUSD USD
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Posted by on in FX Chart Updates

Another new setback low to reinforce the bear shift that has been threatened all week and signaled by the Tuesday push below .7591.

We repeat that "the Weekly Gravestone Doji/ Shooting Star leaves a negative bias" and we see a more bearish tone into April (despite the Wednesday bounce).

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Posted by on in FX Chart Updates

Another recovery effort after the strong rally efforts over the past week, but yet another stall at the peak from the post-FOMC rally at 1.1036, back from 1.1015 this tome, again rejecting a neutral shift to leave bias back to the downside.

We still see an erratic consolidation theme this week (likely contained within last Wednesday's range all this week) with a negative bias and whilst below 1.1036 we would look for a bear trend resumption into April.

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Tagged in: EUR Euro Forex FX USD
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Posted by on in FX Chart Updates

The Monday surge higher has reinforced the aggressive rally post-FOMC to now overcome chart resistance at .7616 and secure a Double Bottom and better recovery theme for latter March and into early April.

For Today:

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Tagged in: Forex FX NZD NZDUSD USD
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