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AUD/USD trades in narrow range, market awaits RBA policy meeting

Oct 05, 2015 06:35 am UTC| Technicals

Aussie has made a high of 0.7847 on 1st Oct and declined till 0.7000 from that level. It is currently trading around 0.7068. Market RBA rate decision for further direction which is to be held on Tuesday (Oct 6th). RBA is...

FxWirePro: GBP/AUD trades in narrow range, good to sell on rallies

Oct 05, 2015 05:51 am UTC| Technicals

GBP/AUD has broken short term support 2.140 which confirms short term weakness, a decline till 2.088 cannot be ruled out. It is currently trading at 1.2140. The pairs minor resistance is around 2.1630 and any break above...

FxWirePro: AUD/JPY edges lower from session highs at 84.94, good to buy dips

Oct 05, 2015 05:44 am UTC| Technicals

AUD/JPY recovered from the Nonfarm Payrolls slide down to 83.26 lows and has continued uptrend The Yen gave back most of its NFP-backed gains and is set for a downside test as the US dollar remains firmer on its...

FxWirePro: NZD/USD hits fresh multi-week highs at 0.6472, strong Asian equities support

Oct 05, 2015 04:48 am UTC| Technicals

NZD/USD sees a small gap up open in Asia at 0.6430, rises higher to hit fresh multi-week highs at 0.6472 Kiwi bulls remain in charge, the pair extends gains for the fifth straight session on Monday, supported by strong...

FxWirePro: Buy USD/JPY at dips around 119.90-95 with SL around 119.20 for the TP of 120.74/121.25

Oct 05, 2015 03:00 am UTC| Technicals

USD/JPY has made a low of 118.68 on Friday and recovered from that level. It is currently trading at 119.99 trend is till bullish as long as support 119.20 holds. Overall bullish invalidation only below 118.60 Any break...

FxWirePro: Buy GBP/JPY at dips around 182.40-45 with SL around 181.60 for the TP of 183.20/184

Oct 05, 2015 02:44 am UTC| Technicals

GBP/JPY has recovered after making a low of 180.66 on Friday. It is currently trading at 182.50. Overall trend is still bullish as long as support 180.50 holds. Intraday weakness can be seen only below 181.60. On the...

FxWirePro: USD/CAD key support at 1.3180, favoring upside

Oct 02, 2015 13:47 pm UTC| Technicals

The USD/CAD pair slipped sharply to test support level at 1.3180 levels, after the release of Non-farm payrolls data from US market. However, the Canadian dollar rebounded strongly after hitting support level at 1.3180.The...

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