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FxWirePro: USD/CAD key support at 1.3294, buy deals are recommended around 1.3300

Nov 18, 2015 15:02 pm UTC| Technicals

USD/CAD slipped backwards after towards at 1.3300 levels in the early European session. However, after finding support at 1.3300 levels, the pair has rebounded strongly to trade around 1.3332 levels. The pair remains...

FxWirePro: EUR/USD key resistance at 1.0689, downside prevail in the short term

Nov 18, 2015 14:17 pm UTC| Technicals

The pair found bullish momentum in the early European session as the pair found some short term buying interest. The pair briefly tested resistance level at 1.0689 but failed to advance further. Any upside should be...

FxWirePro: USD/CHF key support at 1.0099, bullish in the short term

Nov 18, 2015 13:24 pm UTC| Technicals

The USD/CHF has bounced towards 0.9160 levels, after failing to break below 1.0139 support level. The pair has been trading in bullish trend off late and it is set to continue advancing further, as long as the pair trades...

AUD/CHF Trade Idea

Nov 18, 2015 11:26 am UTC| Technicals

Break out level: 0.7205 (trend line joining 0.7139 and 0.7164) The pair has broken a major resistance 0.7205 and jumped till 0.72380. It is currently trading at 0.72114. On the downside the support is around...

FX Hedging Strategy Series

FxWirePro: Neither buck the trend nor dare to lose more profit potential in option collars of XAU/USD

Nov 18, 2015 10:30 am UTC| Technicals

The trades in yellow metal have set a new bearish level on Feds rate decision on the back of mixed bag of US economic reports. The recent upbeat US economic data coupled with increased bets on Dec Fed rate hike gave a...

FxWirePro: Gold’s new lows in 5 years – more slumps inevitable ahead of Fed’s rate hike

Nov 18, 2015 10:15 am UTC| Technicals

The precious metal has been losing its shine after tumbling consecutively from last couple of weeks but as stated in our earlier post after breaking all crucial support zones (1096, 1087 and 1070 levels), we are not seeing...

Loonie breaks minor trend line support, targets 1.3260/1.3220

Nov 18, 2015 10:05 am UTC| Technicals

Intraday trend reversal Level- 1.3300 (trend line joining 1.32900 and 1.32970) USD/CAD has made a low of 1.32972 and slightly recovered from that level. It is currently trading around 1.3303. Any break below...

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