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New York +1555225314

Today there will be ECB Non-Monetary Policy Meeting and New Zealand has released Unemployment Rate.
The support rests at 1.68940 with resistance at 1.70380 which both lines are below the weekly pivot point at 1.72270. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signal. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a downward trend.
While indicators are showing downward pressure, the support line seems to be too strong to be broken. Long positions are recommended towards 1.705.

eurnzd
Source: fxglory

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Japan released the Leading Indicators, Average Cash Earnings y/y and Coincident Index Prel and the US will publish some Economic Data such as Consumer Credit m/m, 30-y Bond Auction, Crude Oil Inventories and Mortgage Delinquencies.

The support rests at 113.110 with resistance at 113.870 which both lines are above the weekly pivot point at 112.790. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support level break through will push the pair down towards 112.8.

usdjpy
Source: fxglory

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EURUSD is massively under the influence of US election. A Democrat victory in House is weighing on USD. ECB Non-Monetary Policy Meeting will be released today as well.
The support rests at 1.13980 with resistance at 1.15050 which both lines are above the weekly pivot point at 1.13820. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards the overbought area, the Stochastic is moving in middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.

EURUSD will most probably grow towards 61.8 level of Fibonacci at 1.15.

eurusd
Source: fxglory

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