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FxWirePro: GBP/USD Trade Idea

Sep 01, 2017 12:51 pm UTC| Technicals

Cable formed a minor bottom around 1.28500 yesterday and jumped sharply till 1.29475. The pair has taken support cloud bottom and is currently trading around 1.29675. The pair has shown a jump from 1.29053 after...

FxWirePro:EUR/USD trades higher on weak US jobs data, good to buy on dips

Sep 01, 2017 12:43 pm UTC| Technicals

EUR/USD has taken support near 61.8% retracement and jumped sharply from that level. The pair jumped till 1.19692 on better than expected US Jobs dataand is currently trading around 1.19314. US economy has...

FxWirePro: GBP/USD downside capped by cloud bottom, good to buy on dips

Sep 01, 2017 11:01 am UTC| Technicals

Cable formed a minor bottom around 1.28500 yesterday and jumped sharply till 1.29475. The pair has taken support cloud bottom and is currently trading around 1.29300. The pair has shown a jump from 1.29053 after...

FxWirePro: EUR/GBP capped below 5-DMA at 0.9230, bearish divergence keeps scope for downside, stay short

Sep 01, 2017 10:55 am UTC| Technicals

EUR/GBP remains capped below 5-DMA at 0.9230 after failure at 0.93 handle, intraday bias bearish. GBP buoyed after latest UK manufacturing PMI surpassed estimates and rose to 4-month high of 56.9 in August. The...

FxWirePro: EUR/GBP capped below 5-DMA at 0.9230, bearish divergence keeps scope for downside, stay short

Sep 01, 2017 10:55 am UTC| Technicals

EUR/GBP remains capped below 5-DMA at 0.9230 after failure at 0.93 handle, intraday bias bearish. GBP buoyed after latest UK manufacturing PMI surpassed estimates and rose to 4-month high of 56.9 in August. The...

FxWirePro: USD/CHF bears in major trend back in range, hammer candle evidences bounce back – Initiate short hedges

Sep 01, 2017 10:50 am UTC| Technicals

USDCHF rejects at major resistances of 0.9770 and 0.97 levels. Ever since it has dropped at this resistance level you see consistent price drops. In the recent past, you could figure out bearish candles (such as shooting...

FxWirePro: EUR/AUD hovers around major trendline resistance at 1.5085, upside only on close above

Sep 01, 2017 10:37 am UTC| Technicals

EUR/AUD edges lower from 12-week highs at 1.5174 to currently trade at 1.5032 levels. The pair is struggling at major trendline resistance at 1.5085, we see upside only on break above. The pair is trading in a...

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