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FxWirePro:USD/CAD hits 1-week high on weak Canadian manufacturing sales, good to buy on dips

FxWirePro: Gold recovers on declining US bond yield,good to buy on dips

FxWirePro: GBP/NZD breaks below 50-DMA, hits 4-week lows, good to go short on upticks

FxWirePro: CAD/JPY Double Top Formation in Minor Trend, Head and Shoulder in Major Trend – Trend Tunnel Spread and Short Hedge

FxWirePro: EUR/USD bears in full control despite weak US economic data dip till 1.12150 is possible

FxWirePro: Swiss franc gaining strength against USD on lack of progress in US-China trade talks good to sell on rallies

FxWirePro: EUR/GBP’s Bears Dance as per RSI Divergence But Major Trend Still Imminent – Trade Ratio Spread

FxWirePro: South Korean won trades marginally lower as current account data misses expectations

FxWirePro: USD/THB back below 31.30 mark, stay bearish

FxWirePro: Singapore dollar remains almost unchanged after GDP data, further sideways movement likely

FxWirePro: Indian rupee falls noticeably against U.S. dollar,good to buy on dips

FxWirePro: EURUSD trade Idea

FxWirePro: USD/ZAR stabilizes above 14.00 mark, faces immediate resistance at 14.27 mark

FxWirePro: EUR/CAD slips below 78.6% Fib at 1.4944, bias lower, stay short

FxWirePro: FTSE100 holds above 7200 level, jump till 7314 likely

FxWirePro: Chinese yuan falls in early Asia on the back of lower than expected CPI, PPI data

FxWirePro:S&P500 declines slightly on US-China trade pessimism, any break above 88.6% fib targets 2820

FxWirePro: GBP/JPY holds above 140 level despite Brexit uncertainty, good to buy on dips

Thursday, January 17, 2019 7:31 AM UTC
0
comments

GBPJPY was trading highly volatile on account of Brexit uncertainty. The pair recovered sharply more than 300 pips from low of 137.36 made after Brexit deal got rejected in Parliament. But UK government survived no confidence vote after historic Brexit defeat. Theresa MAY won in narrow margin 325 votes to 306 votes. GBP was trading higher against all majors with Cable holding well above 1.2800 level. GBPJPY hits high of 140.77 and is currently trading around 140.19.

 

On the higher side near term resistance is around 141 and any violation above targets 142.09 (55- day EMA)/143.

 

The near term support is around 139.40 (20- day MA) and any break below will drag the pair to next level till 138.90/138. The pair should break below 137.35 for further weakness.

 

It is good to buy on dips around 139.40 with SL around 138.80 for the TP of 141/142.  

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2019-02-15 21:09:15
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Economics Monitor

February 15 21:00 UTC Released

UST Flows,Incl.Swaps

Actual

-66.6 Bln USD

Forecast

Previous

25.3 Bln USD

February 15 21:00 UTC Released

USOverall Net Capital Flows

Actual

-33.1 Bln USD

Forecast

Previous

31 Bln USD

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 561500561500m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 561500561500m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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