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FxWirePro: EUR/JPY hits fresh 5-month lows, Euro broadly weaker post-ECB

Sep 04, 2015 04:54 am UTC| Technicals

The euro nursed losses early on Friday, having come under broad pressure after dovish ECB yesterday. EUR/JPY hammered through 133 handle, hits fresh 5-month lows at 132.69, further downside likely With no leads...

FxWirePro: Sell GBP/JPY on rallies around 181.90-95 with SL around 182.55 for the TP of 180.60

Sep 04, 2015 03:42 am UTC| Technicals

GBP/JPY breaks major support 182 and decline till 180.60 is possible. Intraday major resistance is around 182.55 and any break above targets 183/183.35. It is good to sell on rallies around 181.90-95 with SL around...

FxWirePro: Sell AUD/USD on rallies around 0.6980-85 with SL around 0.7025 for the TP of 0.6925/0.6895.

Sep 04, 2015 03:29 am UTC| Technicals

Aussie has broken short term support 0.6980 and this confirms further short term weakness , a decline till 0.6925/0.6895 cannot be ruled out. On the higher side minor resistance is around 0.7025 and break above...

FxWirePro: Sell USDJPY on rallies around 119.65-70 with SL around 120.20 for the TP of 119/118.55

Sep 04, 2015 03:26 am UTC| Technicals

USD/JPY has broken major trend line support around 119.60 (trend line joining 118.43 and 119.21) and break below confirms short term weakness , decline till 119.20/118.45 in short term. On the higher side minor...

FxWirePro: USD/JPY approaching resistance level at 120.38, buy deal are recommended around 119.80

Sep 03, 2015 15:08 pm UTC| Technicals

USD/JPY is approaching to test resistance level at 124.38. The support level at 119.65 is very strong for the bears to breaks, and is set to hold the bears from falling further below pair is set to continue its bullish...

FxWirePro: USD/CAD key support at 1.3138, buy deals are recommended above 1.3140

Sep 03, 2015 14:40 pm UTC| Technicals

USD/CAD has bounced off, after hitting support level at 1.3138 and is approaching to test resistance level at 1.3175. The support level at 1.30140 is set to hold the bears and push the pair upwards, as the US dollar has...

FxWirePro: GBP/AUD CRBS for risk averse as hedging material

Sep 03, 2015 12:23 pm UTC| Technicals

Hedge Perspectives: Call backspreads Buy 1M (2%) 2 lots of out of the money 0.35 delta calls, on expiry that would discount everything high impact news scheduled in September month while shorting 15D (-1.85%) in the...

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