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FxWirePro: USD/JPY edges lower from session highs at 120.98, await fresh cues from the European open

Oct 23, 2015 04:36 am UTC| Technicals

USD/JPY losses momentum and trades around a flat around 120.63, after hitting session highs at 120.98 Yen supported by impressive Japans flash manufacturing PMI, which came in at the highest levels since March 2014 The...

EUR/USD takes support near major trend line , targets 1.1200

Oct 23, 2015 04:22 am UTC| Technicals

EUR/USD has made a low of 1.10718 and slightly recovered fro m that level. The pairs major support is around 1.1070 (trend line joining 1.105192 and 1.10840) and any break below targets 1.1035/1.1000. Further weakness can...

FxWirePro: AUD/USD breaks trend-line resistance, good to buy AUD/USD dips

Oct 23, 2015 04:15 am UTC| Technicals

AUD/USD hits fresh session highs of 0.7257, extending gains to break trend-line resistance at 0.7240. AUD/USD firmer, supported by a renewed bout of selling interest seen in the US dollar 10 DMA at 0.7265 is...

FxWirePro: EUR/USD above 1.11 handle, fresh bids at lows stall downside

Oct 23, 2015 03:51 am UTC| Technicals

EUR/USD recovers to trade above the 1.11 handle as fresh bids emerged for the pair near lows, pushing the pair higher. The pair remains pressured on rising expectations for Dec QE extension/expansion after Thursdays...

GBP/JPY trades well above 200 day MA, targets 187.45/188

Oct 23, 2015 03:29 am UTC| Technicals

GBP/JPY breaks and trades well above 200 day MA and also above major resistance 185. overall trend is bullish a jump till 187.45/188.26 level. On the downside minor support is around 185.30 and any break below...

FxWirePro: NZD/USD key resistance at 0.6820, sell deals are recommended below 0.6800

Oct 22, 2015 16:49 pm UTC| Technicals

The NZD/USD pair is trading slightly higher, from yesterdays close, currently it is approaching support level at 0.6775, a break at that level will take the pair towards 0. pair is set to resume its bearish momentum...

FxWirePro: AUD/USD key resistance at 0.7240, Downside prevails in the short term

Oct 22, 2015 15:16 pm UTC| Technicals

AUD/USD rebounded strongly towards 0.7240 earlier in US session. However, the pair turned back after failing to break resistance level at 0.7240, as the Aussie ran out of strength against US dollar. The pair has to close...

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