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EUR/USD hovers around $1.13 marks, Euro group meeting in focus

Feb 11, 2016 05:39 am UTC| Technicals

Pair is currently trading at $1.1290 marks. It made intraday high at $1.1319 and low at $1.1273 levels. Intraday bias in EUR/USD remains positive. A daily close below $1.1050 will turn the bias again...

FxWirePro: USD/CAD faces strong resistance at 1.4000, good to buy at dips

Feb 11, 2016 05:27 am UTC| Technicals

Minor resistance - 1.3900 (trend line joining 1.43255 and 1.41026) Major resistance -1.4000 Major support - 1.3840 (trend line joining 1.3693 and 1.3780) The pair has broken minor resistance 1.3900 and...

USD/CHF well supported above 0.96 marks, more downside likely

Feb 11, 2016 05:14 am UTC| Technicals

Pair is currently trading around 0.9719 levels and remains well supported below 0.9750 marks. It made intraday high at 0.9741 levels and low around 0.9703 levels. Intraday bias in USD/CHF remains on the downside...

FxWirePro: AUD/USD reverses from day's highs, good to sell rallies

Feb 11, 2016 04:51 am UTC| Technicals

AUD/USD fails to hold above the 0.71 handle, upside bias seems to have lost momentum, pair trades largely unchanged at around 0.7090 levels. The pair is extending declines after rejection at strong trendline...

FxWirePro: NZD/USD rejected at highs, slips back below 200-DMA, good to sell rallies

Feb 11, 2016 04:21 am UTC| Technicals

The Kiwi halted its four-days of consecutive gains, was rejected at days high by 0.6734 and has edged lower to currently trade at 0.6668. Risk-off trades persisting in full swing as global equities and oil continue...

FxWirePro :Sell GBP/JPY on rallies around 164.10-164.20 with SL around 166.65 for the TP of 160/157.80

Feb 11, 2016 03:53 am UTC| Technicals

Major support -163.95 (20 Jan 2016 Low) Major resistance - 166.60 (21 day 4 HMA) The pair has recovered till 167.63 (21 day 4H MA) yesterday and started to decline from that level. It has broken major support...

FxWirePro: USD/JPY struggles to hold above 113 handle, more downside likely

Feb 11, 2016 03:36 am UTC| Technicals

USD/JPY extended downside to hit fifteen-month lows of 112.53, but found fresh demand at lows which saw the pair pullback above 113 levels. Markets seem to have ignored Yellens optimistic remarks as uncertainty over...

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