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FxWirePro: EUR/GBP recovers after making a low of 0.7196, good to buy at dips

Sep 23, 2015 11:49 am UTC| Technicals

RES 4: 0.7420 RES 3: 0.7395 ( Sep 1st high) RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES 1: 0.7320( Cloud top) PRICE: 0.7297 @ 11:48 GMT SUP 1: 0.7240 (Aug 30th Low) ...

FxWirePro: USD/JPY consolidates in narrow range, good to buy at dips

Sep 23, 2015 11:36 am UTC| Technicals

RES 4: 121.72 (28TH AUG HIGH) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1: 120.20 (55 day 4H EMA) PRICE: 120.23 @11:35 GMT SUP 1: 119.50 (38.2% retracement of...

FxWirePro: EUR/CAD struggles to close above 1.4800, good to sell on rallies

Sep 23, 2015 11:16 am UTC| Technicals

EUR/CAD breaks short term trend line resistance 1.4800 (trend line joining 1.45955 and 1.4658) and declined till 1.4725. It is currently trading at 1.4795. On the higher side minor resistance is around 1.4850 and any...

FxWirePro: GBP/USD condor spreads for hedging

Sep 23, 2015 10:56 am UTC| Technicals

Since the cables implied volatility is still perceived to be comparatively minimal within next one month time frame from other major G7 pairs (at around 7-8%), so here comes a multiple leg of option strategy for regular...

FxWirePro: NZD/USD takes support at 0.6255, good to buy dips

Sep 23, 2015 10:36 am UTC| Technicals

Kiwi was heavily offered versus its American counterpart in the European morning, as markets continued to digest the latest disappointing Chinese manufacturing PMI data. NZD/USD tested lows near 0.6255 levels, has...

FxWirePro: Doji on channel line breach signifies EUR/AUD potential slumps – OTM shorts on job, yields of longs on table

Sep 23, 2015 10:25 am UTC| Technicals

EURAUD breaks channel line support at around 1.5695 levels and maintaining that levels to move towards southwards, while weekly leading oscillators also signal bearish calls as they are converging downwards to the dropping...

EUR/USD faces intraday resistance around 1.1157, break above targets 1.1240

Sep 23, 2015 10:14 am UTC| Technicals

EUR/USD has made a low of 1.1107 and slightly recovered from that level. It is currently trading at 1.1222. The pairs major intraday resistance is around 1.11570 and any further bullishness can be seen only above...

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