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FxWirePro: AUD/USD edges higher from session lows at 0.7327, momentum still with the bears

Aug 18, 2015 12:25 pm UTC| Technicals

AUD/USD hammered lower in the European Session, as markets contemplate on Sept Fed rate hike in light of RBA minutes 4 hourly cloud base at 0.7327 offers strong support, price bounced off from here, but momentum...

FxWirePro: USD/CAD key support at 1.3059, upside prevails in the short term

Aug 18, 2015 12:22 pm UTC| Technicals

USD/CAD has slipped after hitting resistance level at 1.3124 and is trading at 1.3104. The 1.3060 leves has been strong resistance level in the recent past. Bullish rebound is set to take off around 1.3030 levels, as this...

EUR/NZD trade Idea

Aug 18, 2015 12:09 pm UTC| Technicals

Harmonic pattern formed- Bullish cypher pattern Potential Reversal Zone (PRZ) - 1.6650 EUR/NZD has made a low of 1.6750 and recovered from that level. Overall trend is bullish as long as support 1.6650...

EUR/GBP breaks short term support 0.7060, targets 0.6949

Aug 18, 2015 12:07 pm UTC| Technicals

RES 4: 0.7225 (Jul 10th high) RES 3: 0.7159 (Jul 27th high) RES 2 : 0.7104 ( Kijun-Sen) RES 1: 0.7066 (200 day 4 HEMA) PRICE: 0.7044 @ 12:17 GMT SUP 1: 0.7020 (Cloud bottom) SUP 2 : 0.6949 (Aug...

Aussie faces strong resistance around 0.7400, decline till 0.7250 cannot be ruled out

Aug 18, 2015 11:11 am UTC| Technicals

RES 4: 0.7450 (Jul 21st high) RES 3: 0.74275 (Aug 4th high) RES 2: 0.7382 (200 day 4HMA) RES 1: 0.7356 (20 day 4 HMA) PRICE: 0.73389 @11:09 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250 (161.8%...

FxWirePro: USD/JPY faces strong resistance around 125.30, good to buy at dips

Aug 18, 2015 11:04 am UTC| Technicals

RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2: 125.30 (Aug 12th high) RES 1:125 PRICE: 124.28 @11:02GMT SUP1 : 124.35 (7 day 4 HMA) SUP2 :124.10 (23.6%...

FxWirePro: GBP/AUD trades higher, good to buy at dips

Aug 18, 2015 10:57 am UTC| Technicals

GBP/AUD has made low of 2.110 and recovered from that level. Short term trend is still bullish as long as support 2.120 holds. It is facing strong resistance 2.1527 and any further bullishness only above 2.1530 level....

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