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FxWirePro: AUD/USD key resistance at 0.7144, bearish in the short term

Oct 30, 2015 14:02 pm UTC| Technicals

AUD/USD rebounded strongly towards 0.7056 earlier in European session. However, the pair turned back after failing break résistance level at 0.7140, as the Aussie ran out of strength against US dollar. Currently the...

FxWirePro: EUR/USD key resistance at 1.1098, sell deals are recommended below 1.1060

Oct 30, 2015 13:26 pm UTC| Technicals

The pair found bullish momentum yesterday and closed above 1.1000 psychological levels, as the negative US GPD figures yesterday weakened the dollar giving gains back to euro. The pair is inching higher and is approaching...

FxWirePro: Strong support for USD/CAD at 1.31, good to buy at dips

Oct 30, 2015 13:08 pm UTC| Technicals

USD/CAD daily price action rages within the cloud, Trend remains on the upside despite the recent failure above 1.3218 Canadian GDP data matched forecasts, while both US Personal Income and Spending have disappointed...

FxWirePro: GBP/CAD faces strong support around 2.0080, good to buy at dips

Oct 30, 2015 12:56 pm UTC| Technicals

GBP/CAD has made a high of 2.023 and retreated till 2.0080 and is currently trading at 2.0188. The pairs major resistance is around 2.025 and break above confirms short term bullishness, a jump till 2.028/2.0320 cannot be...

FxWirePro: EUR/GBP struggles to close above 0.7200, good to sell on rallies

Oct 30, 2015 12:41 pm UTC| Technicals

RES 4: 0.7330 (200 day 4 HMA) RES 3: 0.7300 RES 2: 0.7235 (55 day 4H EMA) RES 1 :0.7187 (20 day 4HMA) PRICE: 0.7174 @ 12:41 GMT SUP 1: 0.7150 (61.8% retracement of 0.6950 and 0.7490) SUP...

FxWirePro: EUR/USD hovers above the 1.10 handle, good to buy dips

Oct 30, 2015 12:14 pm UTC| Technicals

EUR/USD trades above the 1.10 handle, with days range 1.1024/1.0965, the bear trend alive but short term bounce likely The single currency is almost unchanged on CPI data which showed consumer prices in the euro bloc have...

FxWirePro: USD/JPY faces strong resistance around 121.50, good to sell on rallies

Oct 30, 2015 12:06 pm UTC| Technicals

RES 4: 121.75 (28th Aug 2015 high) RES 3: 121.50 (30th Oct 2015 high) RES 2:120.85 (7 day h ema) RES 1: 120.50 (200 day HMA) PRICE: 120.48 @12:02 GMT SUP 1 120.16 (38.2 % retracement of 118.05 and...

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