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Sat, Nov 02, 2024 07:20 AM All times are UTC

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USDJPY trades above short term resistance 120, targets 121

Sep 02, 2015 10:18 am UTC| Technicals

RES 4 : 122.35 RES 3: 121.75 (61.8% retracement of 125.27 and 116.07) RES 2: 120.62 (20 day 4 hma) RES 1 : 120.10 (7 day 4 HEMA) PRICE: 120.07 @10:14 GMT SUP 1:119.56 (38.2% retracement of 116.07 and...

FxWirePro: GBP/AUD healthy uptrend to resume after minor correction; option straps for hedging perspectives

Sep 02, 2015 09:38 am UTC| Technicals

Technical Glance: It is a clear rounding bottom considering previous downtrend on daily charts of GBPAUD, hence saucer pattern to prolong in long run which should evidence a long term uptrend. While we were designing...

EUR/AUD faces strong resistance around 1.6130, break above targets 1.6280

Sep 02, 2015 09:11 am UTC| Technicals

EUR/AUD has made a high of 1.6130 and slightly retreating from that level. It is currently trading at 1.6090 level. Overall trend is still bullish as long as support 1.5840 holds. Any break below 1.5840 will drag...

FxWirePro: Hedge AUD/NZD downside risks with PRBS

Sep 02, 2015 09:03 am UTC| Technicals

Both weekly and monthly graphs suggest bearish signals, the spinning top on peaks with substantial volume confirmation, more importantly a long real body bearish candle occurred at 1.0924 with huge volumes. While %D...

FxWirePro: NZD/JPY put back spreads well placed to arrest steep slumps

Sep 02, 2015 09:00 am UTC| Technicals

The put ratio spread strategy has shown the effects of steep slumps until 72.402 levels, having said that long term dips are most likely, so with a mindset of swing trading short put ladder strategy was set up, so far its...

FxWirePro: AUD/JPY faces short term resistance around 85, good to sell on rallies

Sep 02, 2015 08:27 am UTC| Technicals

AUD/JPY has made a low of 83.63 yesterday and recovered till 84.71. Overall trend is weak as long as resistance 85 holds. Any break above 85 will take the pair to next target at 86.25/86.50. On the downside 84 is acting...

FxWirePro: USD/JPY struggles to extend gains, fall to 119.60 cannot be ruled out

Sep 02, 2015 07:57 am UTC| Technicals

USD/JPY back above 120.00 levels as safe haven bids on the JPY eased after re-emergence of risk-on environment Buck enjoyed heavy gains as traders preferred to hold the US currency ahead of the key US employment...

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