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FxWirePro: USD/CAD key support at 1.3148, buy deals are recommended above 1.3150

Oct 29, 2015 13:28 pm UTC| Technicals

USD/CAD has declined to trade around 1.3190 levels, after failing to consolidate above 1.3220 levels, after a brief bullish surge on hawkish FOMC meeting yesterday. The pair may extend its weakness up to 1.3150 levels and...

FxWirePro: GBP/AUD intermediate correction likely to disrupt prevailing upswings – Spinning top, Dojis and oscillators to confirm

Oct 29, 2015 13:18 pm UTC| Insights & Views Technicals

Although the daily chart suggests some bullish momentum that would result in some price recoveries but we maintain our target at 2.1185 and even up to 2.0343 levels towards south for intermediate trend. We spotted out...

FxWirePro: GBP/USD key resistance level at 1.5305, bearish in the short term

Oct 29, 2015 12:59 pm UTC| Technicals

GBP/USD recovered some ground today in the early European session after shedding more than 100pips on hawkish FOMC meeting yesterday. The cable is currently trading with oversold condition and a short squeeze towards...

FxWirePro: EUR/USD faces strong resistance around 1.1027, good to sell on rallies

Oct 29, 2015 12:53 pm UTC| Technicals

EUR/USD has recovered after making a low of 1.0896 yesterday. Overall trend is still weak as long as resistance 1.1020 holds. Any break above 1.1027 will take the pair till 1.1050/1.1070 level. On the lower side...

FxWirePro: GBP/AUD forms Bearish Gartley pattern, good to sell on rallies

Oct 29, 2015 12:46 pm UTC| Technicals

Harmonic Pattern Formed- Bearish Gartley pattern Potential Reversal Zone (PRZ) - 2.2000 GBP/AUD has made a high of 2.1550 and retreated from that level. Overall trend is still weak as long as resistance 2.200...

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

Oct 29, 2015 12:31 pm UTC| Technicals

RES 4: 123.10 RES 3: 122 RES 2: 121.75 (28th Aug 2015) RES 1:121.30 ( SEP 10TH HIGH) PRICE: 120.94@12:22 GMT SUP1 :120.60 (20 day 4HMA) SUP 2 120.16 (38.2 % retracement of 118.05 and 121.50) SUP 2 :...

FxWirePro: EUR/USD key resistance at 1.1029, sell deals are recommended below 1.0980

Oct 29, 2015 12:30 pm UTC| Technicals

EUR /USD pair made some gains against US dollar in todays European session after buyers stepped in, however, the gains should limited around 1.1029 levels and the pair is set to decline towards 1.0840 levels as resistance...

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