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FxWirePro: USD/JPY approaching support level at 123.70, buy deals are recommended above 123.50

Jul 23, 2015 12:09 pm UTC| Technicals

USD/JPY is consolidating in the range of 123.78 levels, the pair is set to advance further towards 124.00 and later 124.50 levels. Japanese Yen is weaker against US Dollar, Dollar is all set to gain further against Yen in...

FxWirePro: EUR/USD approaching resistance level at 1.1002, bullish in the short term

Jul 23, 2015 12:05 pm UTC| Technicals

The pair found renewed bullish momentum after breaking daily resistance at 1.0915 and is inching upwards ever since, currently the pair is trying to break resistance level at 1.1002. The pair is trading around 1.0990...

FxWirePro: Aussie consolidates in narrow range, good to buy at dips

Jul 23, 2015 11:48 am UTC| Technicals

RES 4: 0.7530 ( Jul 6th 2015) RES 3: 0.7500 RES 2: 0.7480 (Jul 13th high) RES 1: 0.7436 (Jul 16th high) PRICE: 0.74086 @ 11:41 GMT SUP 1: 0.7370 (Jul 8thlow) SUP 2: ...

EUR/GBP breaks short term trend line resistance , jump till 0.7125 is possible

Jul 23, 2015 11:31 am UTC| Technicals

RES 4 : 0.7225 (Jul 10th high) RES 3: 0.7128(200 day 4 HMA) RES 2: 0.7092 (Cloud top) RES 1: 0.7050 (21st Jul high) PRICE: 0.7047@ 11:28 GMT SUP 1: 0.7020 (7 day 4 HEMA) SUP 2: 0.6940 (Jul 17th...

USD/JPY faces strong resistance around 124.50, good to buy at dips

Jul 23, 2015 10:39 am UTC| Technicals

RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2:125 RES 1: 124.40 (Jun 24th high) PRICE: 123.77 @10:42GMT SUP 1 : 123.30( 200 day 4 HMA) SUP 2 :122.90...

FxWirePro: USD/CAD below the 1.3000 handle, broad based USD sell-off weighs

Jul 23, 2015 09:54 am UTC| Technicals

USD/CAD was up rose around 0.70% on Wednesday, hitting new multi-year highs at 1.3055 CAD was pressurized by 3.25% fall in WTI and the prospect of deeper falls in oil prices Today the pair is back below the 1.3000...

FxWirePro: EUR/JPY edges slightly lower from day's high of 136.16

Jul 23, 2015 09:30 am UTC| Technicals

EUR/JPY cooling slightly after broad based EUR strength sent EUR/JPY to session highs by 136.16 Daily price action continues to rage with the cloud which spans 133.57-138.30 Tenkan kijun lines are negatively aligned on...

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