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USD/JPY faces strong resistance around 124.50, good to sell on rallies

Jun 25, 2015 09:08 am UTC| Technicals

RES 4: 125.84 (jun 5th high) res 4 :124.50 (61.8% retarcement of 125.84 and 122.47) RES 3: 124.15 (Jun 11th high) RES 1:123.89 (7 day H EMA) PRICE: 123.64 @ 09:05 GMT Sup 1 : 123.37 (200 day HMA) ...

FxWirePro: Sell GBP/USD below 1.5770, down trend to continue further below

Jun 25, 2015 08:52 am UTC| Technicals

GBP/USD is bouncing back from 1.5677 level and trying to test 1.5770 (61.8% Retracement level). Rally in the range of 1.5760- 1.5750, should be taken as advantage for selling opportunities, As GBP is weak as a...

GBP/USD technical bias downside

Jun 25, 2015 06:54 am UTC| Technicals

Daily Close under 10 DMA Wednesday is encouraging for additional weakness Lower stop again on break of 38.2% Fibonacci retracement of 1.5191/1.5930 rise at 1.5648 Yesterdays base at 1.5667 provides...

EUR/USD range bound in Asian hours at 1.1195-1.1220, flat movement

Jun 25, 2015 06:37 am UTC| Technicals

Traders not in any intension to do anything in EUR in lieu of Greece conclusion Pair in 1.1190-1.1272 hourly Ichi cloud, tenkan 1.1207, kijun 1.1202 Ranging eyed between daily cloud top at 1.1142, daily tenkan...

FxWirePro: AUD/USD key resistance at 0.7751, sell deals are recommended below 0.7750

Jun 25, 2015 06:14 am UTC| Technicals

AUD/USD has bounced from 0.7680 (June 24th low) to 0.7739 level and is trying to test 0.7750 level (61.8% Retracement level). The pair is currently trading around 0.7740 level. It is expected decline further towards...

AUD/NZD setback leaves major resistance around 1.1300

Jun 25, 2015 05:52 am UTC| Technicals

Tight doji in Asia, consolidating yesterdays 0.9% fall Offshore move appears to be profit taking on NZD shorts , no economic data Dip leaves 5 dma momentum studies cresting - 10 20 dmas head ...

USD/SGD trend upside, retreat in USD/JPY weighs

Jun 25, 2015 04:02 am UTC| Technicals

Pair knocked off 1.3452 high, may touch 1.3530 level Pair traded 1.3428-1.3452 range so far, last at 1.3429-35 Trading bias up above 1.3400, hurdle at 1.3465 overnight...

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