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FxWirePro: USD/JPY above the 120.0 handle, faces resistance at 120.27

Oct 01, 2015 05:05 am UTC| Technicals

USD firmed slightly on Thursday on China data relief, pushing USD/JPY above the 120.00 psychological level Chinas Sept NBS manufacturing PMI came in slightly better than expected, but still sits in contraction territory...

AUD/USD gains on upbeat China factory gauge reading

Oct 01, 2015 04:23 am UTC| Technicals

The Australian dollar traded up against its US namesake on Thursday after a Chinese manufacturing index surprised on the upside. The first positive sign that Chinas economy is heading in the right direction emerged on...

FxWirePro: Buy GBP/JPY at dips around 181.75-80 with SL around 180.85 for the TP of 183.20/184

Oct 01, 2015 02:29 am UTC| Technicals

GBP/JPY has made a high of 183.04 and declined till 180.85 yesterday. It is currently trading at 181.68. Overall trend is bullish as long as 180.85 holds. Any break below 180.85 will drag the pair further...

FxWirePro: Buy USD/JPY at dips around 120.-120.05 with SL around 119.60 for the TP of 120.74/121.25

Oct 01, 2015 02:05 am UTC| Technicals

USD/JPY has recovered till 120.32 after making a low of 119.27 on Tuesday. Short term trend is till bullish as long as support 119.60 holds. Any break below 119.60 will drag the pair further down till 119.20/118.80. The...

FxWirePro: USD/JPY approaching support level at 119.90, buy deals are recommended around 119.90

Sep 30, 2015 14:40 pm UTC| Technicals

USD/JPY has rebounded strongly after hitting support level at 119.90 to trade around 120.18 levels, currently the pair is approaching to test support level at 119.90. The support level at 119.90 is set to hold the bears...

FxWirePro: EUR/USD key support at 1.1155, buy deals are recommended above 1.1170

Sep 30, 2015 13:57 pm UTC| Technicals

EUR /USD pair slipped to lower levels in early European session after sellers stepped in, however, the pair has hit minor resistance at 1.1174 and the pair is attempting to rebound towards higher levels. The resistance...

FxWirePro: AUD/CHF hedging framework as no trace of strength in long term

Sep 30, 2015 13:52 pm UTC| Technicals

Although the pair managed to bounce back a little today, the current prices remained well within charts with all time frames (daily, weekly and monthly). For long term perspectives this would state us to maintain the...

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