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FxWirePro: EUR/GBP faces major resistance around 0.7450, good to buy at dips

Oct 12, 2015 10:51 am UTC| Technicals

RES 4:0.7520 RES 3: 0.7480 (May 5th 2015) RES 2: 0.7450 (Oct 2nd 2015) RES 1: 0.7420 PRICE: 0.7410 @ 10:50 GMT SUP 1: 0.7370 ( 20 day 4 HMA) SUP 2: 0.7330 (200 day 4 HMA) SUP 3:...

FxWirePro: USD/JPY consolidates in narrow range , good to buy at dips

Oct 12, 2015 10:03 am UTC| Technicals

RES 4: 121.75 (28th aug high) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 120.56 (Oct 6th 2015) RES 1: 120.16 (200 day 4 H EMA) PRICE: 120.09 @10:01 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and...

FxWirePro: EUR/USD recovers from day's lows at 1.1352, trades just shy of 1.14 handle

Oct 12, 2015 09:55 am UTC| Technicals

EUR/USD uptrend intact, pair stages a nice recovery from days lows at 1.1352, extending gains for a a third straight session. Broad based USD weakness on account of falling Fed rate hike bets and moderate weakness in...

Gold faces strong resistance around $1169, jump above target $1187

Oct 12, 2015 09:30 am UTC| Technicals

Gold is facing strong trend line resistance around $1170 (Aug 24th high) and any break above will take the pair to next level $1187. On the downside minor support is around $1149 and any break below targets...

FxWirePro: XAU/USD collars to hedge medium term uptrend participation

Oct 12, 2015 09:14 am UTC| Technicals

Gold for December delivery on the Comex division of the New York Mercantile Exchange hit an intraday peak of $1,166.40 a troy ounce, the most since August 24, before trading at $1,164.50 during European morning hours, up...

FxWirePro: EUR/JPY below 137 handle, good to buy on dips

Oct 12, 2015 08:14 am UTC| Technicals

Strong gains in EUR posted last Friday helped EUR/JPY hit multi-day highs around 137.00 level EUR/JPY was rejected from highs at 136.96 and the pair is now retreating around 0.02% to currently trade at 136.67 Sustainable...

FxWirePro: GBP/AUD breaks short term support 2.0850, good to sell on rallies

Oct 12, 2015 08:07 am UTC| Technicals

GBP/AUD has broken short term support 2.0850 and a decline till 2.050 is possible . It is currently trading at 2.0883. The pairs minor resistance is around 2.100 and any break above would extend gains till...

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