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GBP/AUD breaks major resistance 2.1530, jump till 2.1930 cannot be ruled out

Aug 24, 2015 06:19 am UTC| Technicals

GBP/AUD broken major resistance of 2.15271 and is trading at 2.1650 level. It has broken ascending triangle pattern resistance at 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 and...

FxWirePro: AUD/NZD strips yield maximum profits but focus on PRBS that keeps tight hedging

Aug 24, 2015 06:18 am UTC| Technicals

Both weekly and monthly graphs suggest bearish signals, the pair is currently trading a way below 10 day moving average at around 1.0959 levels. More importantly a long real body bearish candle occurred at 1.0924 with...

FxWirePro: AUD/USD hits fresh trend low at 0.7200, under pressure as SHCOMP re-opens

Aug 24, 2015 06:00 am UTC| Technicals

Aussie tracking Chinese stocks rout while plummeting oil and base metals prices add to the persisting risk-off mood AUD/USD down 1.2% last on the day, currently trading at 0.7226, but losses on crosses edging over...

FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies

Aug 24, 2015 05:44 am UTC| Technicals Digital Currency

BTC/USD has made a low of $211 and recovered till $235 from that level. Short term trend is bearish as long as resistance $235 holds. The minor resistance is around $235 and break above will take the pair to next...

EUR/USD breaks major resistance 1.1470, targets 1.1640/1.1780

Aug 24, 2015 03:14 am UTC| Technicals

As per our analysis EUR/USD has reached previous high 1.14656 after breaking of major resistance 1.12180. It has broken major resistance 1.1470 in Asian session , a jump till 1.1640/1.1780 is possible. Bullish...

GBP/JPY breaks major trend line support at 190.25, targets 185

Aug 24, 2015 02:41 am UTC| Technicals

GBP/JPY has broken major trend line support 190.25 (trend line joining 174.86 and 184.97) and this confirms major trend reversal , a decline till 185 is possible. On the higher side major resistance is around 191.50...

USD/JPY breaks short term trend line support 121.70, targets 120.50

Aug 24, 2015 01:20 am UTC| Technicals

USD/JPY breaks major support of 122.20 on Friday and declined till 121.80. It s short term support is around 121.70 (trend line support) and in asian session today morningit has broken that level and declined till...

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