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EURJPY: Remains On The Offensive With Eyes On 140.00 Level
EURJPY remains biased to the upside with eyes on its key resistance at the 140.00 level following its recent bullish offensive triggered off the 133.29 level.
EURGBP- Corrective Recovery Remains Intact.
EURGBP continues to maintain its corrective recovery tone despite price hesitation during Thursday's trading session.
USDCAD: Trades Below Key Resistance, Retains Corrective Pullback Bias
Outlook on USDCAD continues to point lower on correction though seeing price hesitation during early trading today. We expect further downside pressure when the said price hesitation fades.
Silver Remains On The Offensive, Eyes The 15.91 Level
Silver has been strengthening from its key support located at 14.38 level and looks to extend that gain possibly towards the 15.91 level.
USDCHF: Tumbles Lower On Strong Sell-Off
With USDCHF selling off strongly on Wednesday ahead of its Tuesday high at 0.9902, further weakness is envisaged in the days ahead.
USDCAD: Bullish, Looks To Recapture Key Resistance
Having reversed its Monday gains on Tuesday, USDCAD looks to strengthen further towards its key resistance located at the 1.3212 level.
EURUSD: Remains On The Offensive With Eyes On 1.1133 Level
This is our latest outlook on EURUSD as we expect a follow through higher on the back of its Monday strength.
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