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FxWirePro: USD/CAD key support at 1.3304, buy deals are recommended above 1.3310

Sep 28, 2015 13:45 pm UTC| Technicals

USD/CAD opened around 1.3330 in todays Asian session and inched higher during mid-European session. However, the pair failed to break resistance 1.3375 and has slipped towards 1.3345 levels, the pairs weakness may be...

FxWirePro: GBP/USD key resistance at 1.5252, bearish in the short term

Sep 28, 2015 13:13 pm UTC| Technicals

The Cable has slipped backwards from 1.5196 levels, after a brief surge towards 1.5240 in early the European session. The pair has broken major support level at 1.5256 and is moving to test next support level at 1.5162....

FxWirePro: EUR/GBP faces minor support around 0.7300, good to buy at dips

Sep 28, 2015 12:16 pm UTC| Technicals

RES 4: 0.7480 (May 5th 2015) RES 3: 0.7420 RES 2: 0.7395 ( Sep 1st high) RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7353 @ 12:16 GMT SUP 1: 0.7300 (Sep 25th...

USD/JPY breaks minor channel support at 120.05, targets 119.25

Sep 28, 2015 12:12 pm UTC| Technicals

USD/JPY is facing minor channel support around 120.05 and any break below confirms intraday weakness, a decline till 119.20 is possible. Intraday bullishness only above 120.35 level. Any break above 120.35 will...

FxWirePro: USD/CAD spikes to 1.3378, focus on U.S. data

Sep 28, 2015 12:12 pm UTC| Technicals

USD/CAD opened Noram markets 1.3350, 12 pips higher compared to Fridays close. The pair spikes to hit days highs at 1.3378 after trading relatively muted in the Asian session, holding within the 1.3315/1.3345...

FxWirePro: Glencore share losses influence cable drop to 1.5194

Sep 28, 2015 11:48 am UTC| Technicals

Glencore shares on track for worst ever one-day drop, down in heavy volumes after bearish Investec note Investec questioned equity value for shareholders if spot metal prices do not improve and said Glencores recent...

FxWirePro: USD/JPY faces strong resistance around 121.30, good to sell on rallies

Sep 28, 2015 11:42 am UTC| Technicals

RES 4: 121.72 (28TH AUG HIGH) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 121.06 (200 day 4 hma) RES 1: 120.51 (7 day 4 H EMA) PRICE: 120.11@11:28 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72) ...

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