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FxWirePro: USD/JPY approaching support level at 123.58, buy deals are recommended above 123.50

Jul 28, 2015 13:44 pm UTC| Technicals

USD/JPY is retreating back from daily highs to testing support level at 123.58 levels, the pair is set to advance further towards 123.70 and later 124.30 levels in the short term. Strong support can be seen at 123.41,...

FxWirePro: AUD/USD key resistance at 0.7325, sell deals are recommended below 0.7315

Jul 28, 2015 13:10 pm UTC| Technicals

AUD/USD failed to break key resistance at 0.7325 (June 27th high), the pair is retreating back to test support level at 0.7294 (July 28th lows). The pair is currently trading around 0.7315 levels. It is expected...

FxWirePro: USD/CAD approaching resistance level at 1.3041, buy deals are recommended above 1.3000

Jul 28, 2015 12:35 pm UTC| Technicals

USD/CAD is approaching resistance level at 1.3041, the support level at, 1.2990 (61.8% Retracement level) is set to hold the bears and push the pair further upside towards 1.3050 and 1.3050 level in the short...

FxWirePro: Buy GBP/USD above 1.5552, bullish in the short term

Jul 28, 2015 12:09 pm UTC| Technicals

GBP/USD approaching support level at 1.5541 (23.6 % Retracement level), the support level at 1.5541 is set to hold the bears and push the pair to higher levels in the short term. UK GDP figures came in line with...

FxWirePro: EUR/USD approaching support level at 1.1026, bullish in the short term

Jul 28, 2015 12:04 pm UTC| Technicals

The pair has retreated to test support level at 1.1026 (61.8% Retracement level), the support level at 1.1026 is set to hold the bears and push the pair further up in the short term . The pair is trading around 1.1034...

FxWirePro: USD/CAD rejected at 1.2996 lows, supported above 1.30

Jul 28, 2015 11:49 am UTC| Technicals

Greenback lost ground vs. its Canadian counterpart early on Tuesday, pushing USD/CAD to days low by 1.2996 Price action was however rejected at lows and USD/CAD retraced loses and is currently trading at 1.3018, with a...

FxWirePro: EUR/GBP trades below 200 day 4HMA, good to sell on rallies

Jul 28, 2015 11:41 am UTC| Technicals

RES 4: 0.7270 (trend line resistance) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 1: 0.7107(200 day 4 HMA) PRICE: 0.7072@ 11:40 GMT SUP 1: 0.7060...

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