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FxWirePro: USD/CAD remains in narrow range on the verge of Fed’s meet - Vega suggests long iron butterfly for complacent bulls

Sep 15, 2015 12:53 pm UTC| Technicals

Loonie has remained in narrow range between 1.3325 - 1.3125 on the verge of Feds big event loonie eying on gains, bears of USDCAD began trimming gains as RSI showing divergence to the USDCAD uptrend. So if anyone believes...

FxWirepro: Loonie trades within narrow range, good to buy at dips

Sep 15, 2015 12:23 pm UTC| Technicals

USD/CAD has declined till 1.3177 and started to recover from that level. Loonie is facing strong support around 1.3175 (trend line joining 1.3115 and 1.3135) and further weakness can be seen only below that...

FxWirePro: GBP/AUD faces strong resistance around 2.210, good to sell on rallies

Sep 15, 2015 12:19 pm UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.1500 from that level. It is currently trading at 2.170. The pairs minor resistance is around 2.200 and any break above would extend gains till...

FxWirePro: EUR/USD key resistance at 1.1354, downside prevails in the short term

Sep 15, 2015 12:11 pm UTC| Technicals

The pair found some bullish movement, after German ZEW Economic Sentiment, and Eurozones trade balance figures were released from European market. However, the pairs gain was limited around 1.1322 levels and the pair is...

FxWirePro: EUR/GBP consolidates within narrow range, good to buy at dips

Sep 15, 2015 11:52 am UTC| Technicals

RES 4 : 0.7420 (Aug 24th high) RES 3: 0.7395 ( Sep 1st high) RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES1 0.7320 (20 day 4 HMA) PRICE: 0.7340@ 11:47 GMT SUP 1: 0.7309 ( 55 day...

FxWirePro: USD/CAD extends range trade, focus on U.S retail sales data

Sep 15, 2015 11:30 am UTC| Technicals

USD/CAD extends range trade into U.S. open, currently trading at 1.3246, days range 1.3238-66. Markets broadly on the sidelines ahead of the highly anticipated U.S. interest rate decision later this week Focus now...

USD/JPY trades below 120 level, decline till 118.80 is possible

Sep 15, 2015 11:16 am UTC| Technicals

RES 4:121.30 ( SEP 10TH HIGH) RES 3: 120.75 (61.8% retracement of 121.75 and 119.21) RES 2: 120.40 (20 day 4 HMA) RES 1: 120 ( 7 day 4 H EMA) PRICE: 119.69 @11:13 GMT SUP 1: 119.50 (38.2% retracement...

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