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EURUSD EURUSD closed @ 12900 which was ABOVE the open and breached the previous day’s high. The High was 20 pips from Precise Trader’s Res Zone 2 and the Low was PRECISELY at Precise Trader’s Sup Zone 1. The...

GBPUSD – The wave [c] recovery is likely to extend above 1.5910 GBPUSD is appeared to be in a multiyear triangle formation between 1.7000 and 1.4200. Current down leg started from 1.6300 (April high) is still in force. The...

EURUSD EURUSD closed @ 12565 which was BELOW the open and was within prior day’s trading range. The High was PRECISELY at Precise Trader’s Res Zone 1 and the Low was PRECISELY at Precise Trader’s Sup Zone 1.The...

AUDUSD AUDUSD closed @ 10250 which was BELOW the open and breached the previous day’s low. The High was 30 pips from Precise Trader’s Res Zone 1 and the Low was 30 pips from Precise Trader’s Sup Zone 5 (U Turn...

A larger corrective wave from 1.2000 (Jul’11 low) may be unfolding in a multi-month triangle consolidation within a range of 1.3200 and 1.2300. The setback from 1.2970 (June high) could be a wave [D] which could test the...

AUDUSD – Is current setback a correction or trend reversal? A larger corrective downtrend started from 1.1085 (July’11 high) appears to be still in force for AUDUSD which may be a large triangle consolidation in a...

NZDUSD – Near term weakness looks corrective A larger corrective downtrend started from 0.8845 (Aug’11 high) appears to be unfolding in a multimonth triangle pattern. The corrective recovery from 0.7455 (June low)...