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AUD/JPY in recovery mode

Jul 09, 2015 02:53 am UTC| Technicals

Pair has bounced over 100 pips from fresh 2015 low around 89.20 Asia ex-Japan equity markets have also bounced from lows Air of panic in Asia has dissipated due to recovery in Shanghai Composite index Resistance at...

USD/INR likely to stay above 63.50, may trade 63.50/65 range intraday

Jul 09, 2015 02:43 am UTC| Technicals

Risk aversion,China stocks woes underpin Concerns over Greeces debt issues, EUR exit to weigh on INR too INR NDFs traded 63.80-63.88 range intraday, closed 63.79-81 in...

FxWirePro: EUR/USD breaks key resistance at 1.1070, bearish in the near term

Jul 08, 2015 15:28 pm UTC| Technicals

EUR/USD bounced from 1.1000 level, and is trying to test resistance level 1.1090(61.8% Retracement level). The pair is currently trading around 1.1090 level. It is expected decline further towards 1.1000 and later...

FxWirePro: Sell NZD/USD below 0.71684, down trend to continue further below

Jul 08, 2015 14:47 pm UTC| Technicals

NZD/USD bounced back from 0.6620 level and testing resistance at 0.6714. Short rally around 0.6730 should be taken as advantage for selling opportunities, As NZD dollar is weak against the US dollar in the short...

FxWirePro: AUD/USD approaching resistance level at 0.7448, sell deals are recommended below 0.7445

Jul 08, 2015 14:03 pm UTC| Technicals

AUD/USD bounced back from 0.7370 level (July 8st lows ) and is trying to test resistance level at 0.7448 (61.8% Retracement Level). The pair is currently trading around 0.7431 levels. It is expected decline further...

FxWirePro: USD/CAD breaks resistance at 1.2730, buy deals are recommended above 1.2685

Jul 08, 2015 13:09 pm UTC| Technicals

USD/CAD broke resistance at level at 1.2730, and is advancing further towards next resistance level. The pair is set to continue its bullish trend towards 1.2800 and 1.2850 later The currency is trading at 1.2760...

EUR/GBP breaks channel resistance at 0.7150, jump till 0.7250 is possible

Jul 08, 2015 12:47 pm UTC| Technicals

RES 4: 0.7925 (61.8% retracement of 0.7482 and 0.6986) RES 3: 0.7250 (Jun 16th high) RES 2: 0.7210 (Jun 22nd high) RES 1: 0.7171(200 day 4HMA) PRICE: 0.7183@ 12:46 GMT SUP 1: 0.7131 (7 day 4 H EMA) ...

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