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FxWirePro: Buy AUD/JPY only above 85.13 with SL around 84.50 for the TP of 87.20

Sep 09, 2015 06:09 am UTC| Technicals

AUD/JPY recovers after making a low of 82.11 and has made a high of 85.125. it is currently trading at 85.02. Intraday weakness can be seen only below 84.50 and any break below targets 84/83.25 in short term. On the...

Loonie takes support near trend line, targets 1.3300

Sep 09, 2015 05:26 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 level. Any...

FxWirePro: USD/JPY topside capped at 120.45 despite surge in Nikkei

Sep 09, 2015 05:20 am UTC| Technicals

The dollar gained against the safe-haven yen early on Wednesday, boosted by a surge in global stocks amid a recovery in risk appetite Japaneses PM Abe said govt eyeing corporate tax cut, markets now betting on more fiscal...

FxWirePro: AUD/USD remains supported above hourly 200-SMA on Lowe's comments

Sep 09, 2015 04:34 am UTC| Technicals

AUD/USD opened Wednesday 0.7018 traded 0.7015-71 in Asia; last 0.7050, largely unchanged after RBA Lowes comments Lowe said lower AUD helping Australias economy adjust, but non-mining business investment needed, didnt...

Japanese Yen trampled on as risk reaction dominates markets

Sep 09, 2015 02:56 am UTC| Technicals

A sharp rebound in investor sentiment has seen the Japanese Yen decline more than 1.2% against the US dollar since the start of the week. The US dollar gained 0.38% on the yen to trade at 120.26 on Wednesday morning...

FxWirePro: Buy GBP/JPY only above 185.45 with SL around 184.40 for the TP of 187.10/189

Sep 09, 2015 02:52 am UTC| Technicals

GBP/JPY is facing strong resistance around 185.45 and break above confirms short term bullishness and a jump till 187.10/189 cannot be ruled out . It is currently trading at 185.28. Intraday weakness only below 184...

FxWirePro: Buy USDJPY around 120.20-25 with SL around 119.60 for the TP of 121/121.75

Sep 09, 2015 02:17 am UTC| Technicals

USD/JPY breaks a short term trend line resistance (trend line joining 120.67 and 120.22) and this confirms short term bullishness , a jump till 121 cannot be ruled out. Intra day trend is bullish as long as support 119.60...

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