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GBP/JPY trade idea

Nov 07, 2016 12:16 pm UTC| Technicals

Major intraday resistance -129.16 (34 day EMA) Major support 126.40 (trend line joining 125.91 and 126.12). GBP/JPY has broken major resistance 129.15 (34- day EMA) and jumped till 130.23 at the time of writing....

FxWirePro: EURUSD faces strong resistance at 200- day MA, good to sell on rallies

Nov 07, 2016 11:27 am UTC| Technicals

EUR/USD breaks major resistance 1.11210 (50- day MA) and closed slightly above that level. But not able hold at higher levels and started to decline from the high of 1.11417 made on yesterday. It is currently trading...

FxWirePro: EUR/USD shooting star may get you in bear trap, long lasting range to prevail – Use double no touch calls as restrained rallies take support at 7-DMA

Nov 07, 2016 10:43 am UTC| Technicals

Thedollar has begun the trading week with gains after the rejection of todays highs of 1.1141 levels, and the resistance stiff resistance is at these levels (it has tested supports several times in the recent past, now...

FxWirePro: S&P500 takes support near 200- day MA, good to sell on rallies

Nov 07, 2016 09:39 am UTC| Technicals

Major support 2080 (200-day MA). Major resistance 2120 (10- day MA). SP500 takes support near 200 day MA and jumped till 2115.80 at the time of writing. It is currently trading around 2113. Short term...

FxWirePro: USD/TRY hovers around fresh multiyear high at 3.1736, good to buy on dips

Nov 07, 2016 08:14 am UTC| Technicals

USD/TRY is currently trading at 3.1498 levels. It made intraday high at 3.1593 and low at 3.1422 levels. Intraday bias remains bullish till the time pair holds key support at 3.1088 levels. Key resistances...

FxWirePro: EUR/AUD rejected at highs, slips below 20-DMA, good to sell rallies

Nov 07, 2016 07:44 am UTC| Technicals

EUR/AUD was rejected at highs around 1.4487, slips below 20-DMA at 1.4405. Intraday bias lower, close below 20-DMA to accentuate downside. Stochs are on verge of rollover from overbought levels, RSI biased...

GBP/JPY trades well above 34 day EMA, jump till 132 is possible

Nov 07, 2016 07:40 am UTC| Technicals

Major intraday resistance -129.16 (34 day EMA). Major support 126.40 (trend line joining 125.91 and 126.12). GBP/JPY has broken major resistance 129.15 (34- day EMA) and jumped till 130.23 at the time of...

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Economy

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Politics

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Science

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Technology

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