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FxWirePro: EUR/USD approaching support level at 1.1031, buy deals are recommended above 1.0990

Aug 11, 2015 12:06 pm UTC| Technicals

The pair found bullish momentum yesterday and closed above 1.1000 psychological levels , its is expected to continue its bullish momentum further in the short term. The pair is trading around 1.1034 levels and it is...

Aussie trades weak, decline till 0.7250 cannot be ruled out

Aug 11, 2015 12:03 pm UTC| Technicals

RES 4 : 0.7495 ( Jul 10th high) RES 3: 0.7450 (Jul 21st high) RES 2: 0.74275 (Aug 4th high) RES 1: 0.7370 (20 day 4 HMA) PRICE: 0.7327 @12:02 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250...

FxWirePro: EUR/USD bounces to 1.1040, consolidating above 1.1000

Aug 11, 2015 12:01 pm UTC| Technicals

EUR/USD bounced to 1.1048 after hitting session lows at 1.0960 and is currently consolidating above 1.1000 The pair edged higher supported by good results from the ZEW Survey in Germany and the euro area Increasing...

FxWirePro: USD/JPY faces strong resistance around 125, good to buy at dips

Aug 11, 2015 11:41 am UTC| Technicals

RES 4: 127.93 (161.8% retracement of 125.85 and 120.40) RES 3: 126.88 (161.8% retracement of 124.43 and 120.45) RES 2 : 125.85 (jun 5th high) RES 1:125 PRICE: 124.91 @11:27 GMT SUP1 : 124.70 (20 day 4...

FxWirePro: GBP/CNY hits 10-month high post PBOC devaluation, good to buy on dips

Aug 11, 2015 11:27 am UTC| Technicals

The unexpected PBOCs decision to depreciate its currency has pushed GBP/CNY to 10-month high at 9.8763 levels. It currently trades at 9.8398 levels. 7 EMA and 20 DMA crossover suggests further positive move for the...

FxWirePro: EUR/GBP bounces back from lows of 0.7039

Aug 11, 2015 07:53 am UTC| Technicals

EUR/GBP bulls flexed muscles and is trading near to yesterdays close at 0.7067 levels. It faces strong support at 0.7028 levels (20 DMA)and a break below could further weaken the pair to 0.6963 levels. ZEW economic...

FxWirePro: EUR/GBP bounces back from lows of 0.7236

Aug 11, 2015 07:49 am UTC| Technicals

EUR/GBP bulls flexed muscles and is trading near to yesterdays close at 0.7067 levels. It faces strong support at 0.7028 levels (20 DMA)and a break below could further weaken the pair to 0.6963 levels. ZEW economic...

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