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Free Forex Signals

About Our Forex Signals
Tonisignals creates free forex signals to give all levels of forex traders support. Our forex signals are typically on the major and minor currency pairs, and incorporate a number of technical indicators and fundamental analysis. Tonisignals provides both short term and long term Forex Signals, targeting anywhere between a few pips to a higher range of pips.

Forex Signals are essentially trade ideas used by both beginner forex traders and professional traders alike, and contain a trade direction (buy/sell), a SL (stop loss) and TP (Target Price). Tonisignals free forex signals are created when our team spots a trading opportunity in the forex markets that meets our criteria.

Following our forex signals is easy, simply download the Tonisignals app or join our free telegram channel to be notified when our team identifies an opportunity. Our signals can be incorporated with your forex trading strategy, so if your strategy points to further gains simply extend your TP.

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USD/CAD Signal - USD FOMC Minutes - 7 Jul 2021

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USDCAD has bounced out off resistance prior to the FOMC Minutes, which reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. Technically the pair has bounced out of resistance forming a double top, and the RSI has given a sell signal. We anticipate downside into the 1.2395 level.

USD/JPY Signal - JPY Coincident Index - 7 Jul 2021

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USDJPY is trending to the downside prior to the JPY Coincident Index data, which is a single summary statistic that tracks the current state of the Japanese economy. Technically the pair has broken an ascending trendline and is below the 1h moving averages, which are now in a bearish cross. The RSI is at bearish levels, and we anticipate continued downside into the 109.720 level.

EUR/NZD Signal - EUR Sentix Investor Confidence - 5 Jul 2021

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EURNZD has bounced from support prior to the EUR Sentix Investor Confidence, which measures the confidence that investors have in various European investments. Technically the pair has bounced from a key support zone and the RSI has generated an oversold signal. We anticipate continued upside into the 1.6985 level.

GBP/USD Signal - GBP Markit Services PMI - 5 Jul 2021

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GBPUSD has generated a sell signal prior to the GBP Markit Services PMI data, which is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. The RSI gave an overbought signal and price broke above the upper Bollinger band, generating a mean reversion sell signal. Price is also at the resistance trendline, giving another confluence to sell.

EUR/GBP Signal - EUR Producer Price Index - 2 Jul 2021

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EURGBP is trending to the upside prior to the EUR Producer Price Index data, which is an index that measures the change in prices received by domestic producers of commodities in all stages of processing. Technically the pair has broken a descending trendline and has now formed an ascending support trendline. The moving averages all now act as support.

GBP/JPY Signal - JPY 10 Year Bond Auction - 1 Jul 2021

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GBPJPY is trading to the downside today prior to the JPY 10 Year Bond Auction, which reveals the yield on the bond. Technically the pair has broken and retested the ascending daily trendline and is now bearish. Price has found resistance at structure and the trendline, and we anticipate continued downside.

GBP/USD Signal - Gross Domestic Product - 30 Jun 2021

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GBPUSD is trending to the downside prior to GBP Gross Domestic Product data, which shows the total value of all goods and services produced domestically. Technically the pair has done a break and retest of support, and the RSI is also turned bearish. We anticipate continued downside on the major forex pair.

AUD/CHF Signal - AUD Private Sector Credit - 30 Jun 2021

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AUDCHF has bounced from a key monthly level prior to AUD Private Sector Credit data, which shows the amount of borrowing in the private sector. Technically the pair has bounced from a key monthly level, breaking a descending wedge pattern to the upside, and we now anticipate continued upside on the pair.

USD/CAD Signal - USD Personal Income - 25 Jun 2021

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USDCAD is trending to the upside today prior to the USD Personal income data, which measures the total income of Americans and is a key economic indicator. Technically the major forex pair has traded back above the 1.2310 pivot and we anticipate continued upside into the 1.242 level. The RSI and BB have both turned bullish.

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