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Cable breaks below 1.5400 handle, decline till 1.5345/1.5300 is possible

Oct 23, 2015 10:07 am UTC| Technicals

Cable major support is around 1.5400 and declined till 1. is currently trading around 1.50430 level. Break below 1.5400 confirms trend reversal, a decline till 1.5300/1.5280 is possible. Short term bullishness only...

Gold breaks minor trend line resistance, targets $1190

Oct 23, 2015 09:20 am UTC| Technicals

Gold has broken minor trend line resistance around $1171 (trend line joining $1190 and $1180) and confirms minor trend reversal, a jump till $1180/$1190 is possible . On the downside major weakness can be seen only...

FxWirePro: USD/ZAR bounces from session lows at 13.3158, good to buy dips

Oct 23, 2015 09:02 am UTC| Technicals

USD/ZAR rebounded from session lows at 13.3158, and has taken support by 4-hourly cloud base at 13.3714. Price action is contained within the daily cloud but still above the 10-day moving average line USD/ZAR is...

FxWirePro: EUR carnage continues into European session, good to sell EUR/GBP rallies

Oct 23, 2015 07:54 am UTC| Technicals

ECB tremors continue, EUR extends fall into European session after having steadied slightly in Asian trade. Daily cloud base which is just below at 0.7175 is the short target, 0.7195 (Sept 22 low) is a minor hurdle...

Loonie breaks minor trend line support, targets 1.2960

Oct 23, 2015 07:33 am UTC| Technicals

Loonie has made a high of 1.31595 and started to retreat from that level. Overall trend reversal can be seen only above 1.31620 level. The pair has broken minor trend line support 1.3065 and break below targets...

FxWirePro: BTC/USD breaks major resistance around $273, good to buy at dips

Oct 23, 2015 06:44 am UTC| Technicals Digital Currency

BTC/USD has broken major resistance $275 which confirms short term bullishness a jump till $292/$300 is possible. The pairs minor support is around $258 and any break below will drag the pair further down till...

FxWirePro: GBP/AUD faces strong resistance around 2.150, good to sell on rallies

Oct 23, 2015 06:05 am UTC| Technicals

GBP/AUD has made a high of 2.1470 and retreated from that level. Overall trend is still weak as long as resistance 2150 holds. The pairs major resistance is around 2.1500 and any break above would extend gains till...

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