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Sat, May 18, 2024 07:08 PM All times are UTC

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GBP/AUD faces trend line resistance at 1.7140, any close above targets 1.7800

Jan 02, 2017 07:04 am UTC| Technicals

Major resistance 1.7140 (trend line joining 1.71737 and 1.71540) Major support- 1.68000 The pair recovered sharply after making a low of 1.69300 on 29th Dec 2016.It is currently trading around...

FxWirePro: EUR/AUD rejected shy of 200-DMA, breach of 5-DMA at 1.4547 to see further weakness

Jan 02, 2017 07:02 am UTC| Technicals

EUR/AUD was rejected just shy of 200-DMA at 1.4748 on Fridays trade. The pair is currently holding above 5-DMA at 1.4547. Break below will see test of 100-DMA support at 1.4518. Violation at 100-DMA could see...

FxWirePro: AUD/CAD capped below 20-DMA, good to go short on rallies

Jan 02, 2017 06:31 am UTC| Technicals

AUD/CAD rejected at 20-DMA on 28th Dec trade, extends slide lower. We see a decisive close below 5-DMA on Friday. The pair is on track to test trendline support at 0.9630. Violation at trendline support...

FxWirePro: EUR/GBP slips below 5-DMA, potential shooting star raises scope for downside

Jan 02, 2017 05:46 am UTC| Technicals

Technical Analysis: - EUR/GBP is trading an extremely narrow range as we head into the European session. - Upside was rejected shy of major trendline resistance at 0.8680 and 100-DMA at 0.7632. - The pair has slipped...

FxWirePro: GBP/JPY interim bulls struggle for momentum despite bullish DMA crossover – Attain leverage by constructing tunnel spreads

Jan 02, 2017 05:42 am UTC| Technicals

From last two weeks, the pair hasnt been moving anywhere beyond 148.459 northwards nor even 142.171 on southwards. But in the recent past, it has rejected the resistances at 144.662 levels to push below SMA curves and...

FxWirePro:Gold Long term Outlook

Jan 02, 2017 05:31 am UTC| Technicals

Minor resistance - $1192 (3- M EMA) Major resistance - $1231 (10- M EMA) Major support - $1115 (Gann 8*1) Gold made a yearly low of $1122 and jumped slightly from that level. The yellow metal closed around...

FxWirePro: AUD/USD holds above 5-DMA as Aussie ignores weak China PMIs

Jan 02, 2017 04:51 am UTC| Technicals

Technical Analysis: - AUD/USD is holding above 5-DMA support at 0.7196. - Major trendline support seen at 0.7160, weakness only on break below. - RSI has shown a rollover from oversold levels. Stochs are at oversold...

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Economy

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Politics

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Science

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Technology

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