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FxWirePro: USD/ZAR off from 14-year highs, uptrend intact

Aug 06, 2015 12:38 pm UTC| Technicals

Rand opens slightly stronger this morning at 12.77 but further losses in store USD/ZAR backs off 14-year highs by 12.8300 reached yesterday, currently trades at 12.77 ZAR is poised for further losses as market awaits...

FxWirePro: USD/CHF approaching resistance level at 0.9840, buy deals are recommended above 0.9810

Aug 06, 2015 12:21 pm UTC| Technicals

USD/CHF pair is approaching resistance level 0.9840, the support level 0.9815 is set hold the bears and push pair further up. The pair is currently trading around 0.9835 levels. It is expected to, advance further towards...

FxWirePro: USD/JPY key support at 124.72, upside prevails in the short term

Aug 06, 2015 12:04 pm UTC| Technicals

USD/JPY is approaching to test resistance level at 125.14, the pair is set to advance further towards 125.40 and later 125.60 levels in the short term. Strong support can be seen at 124.72 (38.2 % Retracement Level),...

FxWirePro: EUR/USD key resistance at 1.0915, sell deals are recommended below 1.0900

Aug 06, 2015 12:03 pm UTC| Technicals

The pair is approaching support level at 1.00883. The pair has started decline after failing to break 23.6% Fib at 1.0915, and is moving downwards to test next support level located at 1.0883(Aug 6th lows), the resistance...

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

Aug 06, 2015 11:48 am UTC| Technicals

RES 4: 0.7450 (Jul 21st high) RES 3: 0.74275 (Aug 4th high) RES 2 : 0.7370 (Tenken-Sen) RES 1: 0.7340 (20 day 4H MA) PRICE: 0.7327 11:48 GMT SUP 1: 0.7250 (161.8% retracement of 0.73266...

USD/JPY trades well above minor resistance 124.50, targets 125.85

Aug 06, 2015 11:09 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: 124.86 @11:08 GMT SUP1 : 124.70 (7 day 4...

FxWirePro: NZD/USD recovers from overnight lows at 0.6490, trades above 0.65 barrier

Aug 06, 2015 06:30 am UTC| Technicals

Kiwi climbed higher above the 0.65 barrier as traders resorted to profit-taking after the NZD fell to fresh six-year lows on Wednesday Disappointment in NZ employment data and stronger greenback continue to weigh NZ...

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