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BTC/USD faces strong resistance around $245, break above targets $271

Sep 08, 2015 07:57 am UTC| Technicals

BTC/USD has recovered till $244 after making a low of $198 and is currently trading at $240. Short term trend is bullish as long as support $230 holds. The major resistance is around $245 and break above will take the...

FxWirePro: GBP/AUD faces strong support around 2.160, good to buy at dips

Sep 08, 2015 07:31 am UTC| Technicals

GBP/AUD has broken minor resistance 2.1910 and 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...

FxWirePro: USD/ZAR edges lower after hitting record highs on Monday

Sep 08, 2015 07:25 am UTC| Technicals

Rand is among the weakest performers in EM basket, reached new record lows against the dollar on Monday at 14.0175 compared with Friday close of 13.8750 USD/ZAR edges lower from Mondays highs and is currently trading at...

EUR/USD breaks short term trend line resistance, targets 1.1318

Sep 08, 2015 05:58 am UTC| Technicals

EUR/USD has broken short term trend line resistance 1.1210 (trend line joining 1.1330 and 1.1380) and this confirms short term bullishness, a jump till 1.13180 cannot be ruled out. The pair made a low of 1.1214 yester day...

FxWirepro: Sell USD/JPY around 119.10-15 with SL around 119.60 for the TP of 118.45/118.25

Sep 08, 2015 05:22 am UTC| Technicals

USD/JPY has broken minor trend line support 119.10 (trend line joining 118.60 and 118.79) and a decline till 118.25 cannot be ruled out. On the higher major intraday resistance is around 119.60 and any break above targets...

FxWirePro: Buy USD/CAD around 1.3290 with SL around 1.3250 for the TP of 1.3490

Sep 08, 2015 03:44 am UTC| Technicals

USD/CAD has broken short term trend line resistance 1.3280 and is trading well above that level. It is currently trading around 1.3300. The pairs minor resistance is around 1.3350 and any break above targets 1.3490...

FxWirePro: Buy GBP/JPY at dips around 182 with SL around 181.40 for the TP of 183.30

Sep 08, 2015 03:19 am UTC| Technicals

GBP/JPY has taken support near trend line 180 (trend line joining 167 and 174.86) and slightly recovered till 182.35 from that level. The pairs further weakness can be seen only below 179.90 Any break below 179.90 will...

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