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FxWirepro: Loonie faces strong support around 1.3150, good to buy at dips

Sep 10, 2015 08:50 am UTC| Technicals

USD/CAD has declined till 1.3177 and started to recover from that level. Loonie is facing strong support around 1.3175 (trend line joining 1.3115 and 1.3135) and further weakness can be seen only below that...

FxWirePro: BTC/USD faces strong resistance around $250, good to sell on rallies

Sep 10, 2015 08:19 am UTC| Technicals

BTC/USD has retreated after making a high of $246 and is currently trading at $236. Short term trend is weak as long as resistance $250 holds. The major resistance is around $250 and break above will take the pair to next...

FxWirePro: GBP/USD rangebound ahead of BoE, no fireworks expected

Sep 10, 2015 08:00 am UTC| Technicals

GBP/USD broadly rangebound on the day as markets await BoE policy decision and the accompanying minutes The pair weakened in the European session, breached 200-DMA located at 1.5352 and fell as low as 1.5338, later edged...

FxWirePro: EUR/USD faces strong resistance around 1.1250, good to sell on rallies

Sep 10, 2015 06:58 am UTC| Technicals

EUR/USD is trading in narrow range around 1.1245 and 1.11526 for the past two trading session . Overall trend is still weak as long as resistance 1.1250 holds. Any break above 1.1250 will take the pair to next target...

FxWirePro: GBP/AUD retreats after making a high of 2.210, good to buy at dips

Sep 10, 2015 06:54 am UTC| Technicals

GBP/AUD has made a high of jumped till 2.210. It is currently trading at 2.2065. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs minor support is around...

FxWirePro: Australia's positive job data, poor demand for New Zealand's dairy products fuel AUD/NZD – hedge with PRBS

Sep 10, 2015 06:28 am UTC| Technicals

Consider this as 2ndchance for speculating opportunity and 2ndchance for reducing hedging cost if you missed out put ratio spreads when recommended this earlier on last week. Contemplating the previous long lasting...

FxWirePro: USD/JPY spike quickly sold-off, reverts to familiar ranges near 120.70 levels

Sep 10, 2015 05:52 am UTC| Technicals

USD/JPY shoots up to 121.38 on belated reaction to LDP Yamamotos talk, but spike was quickly sold off. The pair edged lower back under 121 and is currently trading at 120.80, why USD/JPY decided to react to the news...

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