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FxWirePro: USD/JPY recovers after making a low of 118.84, good to sell on rallies

Sep 04, 2015 09:58 am UTC| Technicals

RES 4: 120.75 (61.8% retracement of 121.75 and 119.21) RES 3: 120.25 (200 DAY HMA) RES 2: 119.80 (20 day HMA) RES 1 : 119.31 (7 day 4 HEMA) PRICE: 119.06 @09:58 GMT SUP 1 :118.40 (25th Aug low) SUP 2:...

FxWirePro Longer term call: Buy Dollar/ Sell Pound – targets around 1.443

Sep 04, 2015 09:42 am UTC| Technicals

Souring of our recent short term call (Pound dropped sharply against Dollar from 1.58 area, after false break of the range of 1. 54-1.57) has given an opportunity to enter into a longer term position with attractive risk...

FxWirePro: GBP/AUD consolidates in narrow range, good to buy at dips

Sep 04, 2015 09:11 am UTC| Technicals

GBP/AUD has recovered till 2.190 after making a low of 2.1390 and is currently trading at 2.181. The pairs minor resistance is around 2.190 and any break above would extend gains till 2.2200/2.2370. The pairs minor...

FxWirePro: GBP/USD continues downtrend, daily Stochs and RSI biased lower

Sep 04, 2015 08:05 am UTC| Technicals

Britains dominant services sector grew at its weakest pace in more than two years in Aug, adding to uncertainty over BoE rates hikes. Data on Thur showed that Markit/CIPS services PMI dropped in Aug to its lowest...

FxWirePro: Loonie consolidates in narrow range, good to buy at dips

Sep 04, 2015 08:00 am UTC| Technicals

USD/CAD is trading in narrow range 1.3325 and 1.3125 for the past three trading session. Any trend reversal can happen only above or below the channel. On the lower side major support is around 1.3100 and any break...

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

Sep 04, 2015 07:08 am UTC| Technicals

BTC/USD has recovered till $235 after making a low of $198 and is currently trading at $229. Short term trend is bullish as long as support $198 holds. The minor resistance is around $240 and break above will take the...

EUR/USD takes support near 200 day 4HMA, slight jump till 1.1200 is possible

Sep 04, 2015 06:35 am UTC| Technicals

EUR/USD has decline till 1.1086 after making a high of 1.13310 (Sep 1st high). It has taken support around 200 day 4 HMA and a jump till 1.1180/1.1208 is possible . Intraday weakness only below 1.1100 and break below will...

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