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FxWirePro: AUD/JPY still seems weaker on breach of crucial supports 84.078 – rebound seems unlikely after poor trade balance

Feb 03, 2016 05:53 am UTC| Technicals

After the breach of support 85.646, we think the pair has gone fragile to evidence more dips upto next strong supports at around 83.400 and 82.914 and on intraday terms now again failed to hold the crucial supports at...

GBP/USD faces strong resistance around 1.4450, break above targets 1.4570

Feb 03, 2016 05:37 am UTC| Technicals

Major resistance -1.4450 (trend line joining 1.43626 and 1.44074) The pair has recovered from yesterday low of 1.4326 and reached till 1. is currently trading around 1.44076. The pair is facing major resistance...

XAU/USD intraday outlook

Feb 03, 2016 05:13 am UTC| Technicals

Pair is well supported around $1126 marks, made intraday high at $1128 and low at $1125 levels. Intraday bias remains neutral below $1128 marks. A break of $1132 will confirm the bullish trend and may drive...

Call update: USD/JPY targets achieved, book partial profits, lower trailing stops, hold for 119 levels

Feb 03, 2016 04:51 am UTC| Technicals

Our USD/JPY call (http://www.econotimes.com/FxWirePro-USD-JPY-upside-capped-by-200-DMA-at-12147-good-to-sell-rallies-153594) has achieved targets. Dovish comments from the BOJ Governor Kuroda saw a minor recovery in...

NZD/USD well supported below $0.6550 levels, Intraday bias positive

Feb 03, 2016 04:20 am UTC| Technicals

Pair is currently trading at $0.6541 levels, made intraday high at $0.6545 and low at $0.6507 levels. The NZ jobless rate fell 0.7 percentage points to 5.3% in the December quarter, the lowest since the March 2009...

Call update: AUD/NZD hit targets, book partial profits, scope for further downside, target 1.0690

Feb 03, 2016 04:03 am UTC| Technicals

Our previous AUD/NZD call (http://www.econotimes.com/FxWirePro-AUD-NZD-slips-below-200-DMA-good-to-sell-rallies-153694) has achieved targets. We see scope for further downside in the pair, so advise booking partial...

Major Asian Indices Technicals

Feb 03, 2016 03:11 am UTC| Technicals

Hang Seng: Hang Seng has broken major support 19200 and declined till 18800 at the time of writing. It is currently trading around 18840. Short term trend is slightly weak as long as resistance 19300...

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