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FxWirePro: Aussie slightly recovers after making a low of 0.7280, good to sell on rallies

Aug 21, 2015 11:43 am UTC| Technicals

RES 4: 0.74275 (Aug 4th high) RES 3: 0.7410 RES 2: 0.7363 (200 day 4HMA) RES 1: 0.7333 (20 day 4HMA) PRICE: 0.7330 @11:41 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250 (161.8% retracement of...

FxWirePro: Sell GBP/NZD around 2.3625-50 with SL around 2.4025 for the TP of 2.3050/2.2270

Aug 21, 2015 10:52 am UTC| Technicals

GBP/NZD has broken trend line support 2.36 and break below targets 2.3150/2.2699. It is facing strong resistance around 2. break above 2.4025 only confirms further bullishness, a jump till 2.45 (161.8% retracement of...

FxWirePro: Sell USD/CHF on rallies around 0.955-56 with SL around 0.9600 for the TP of 0.9460

Aug 21, 2015 10:30 am UTC| Technicals

USD/CHF breaks trend line support 0.9570 which confirms short term bearishness and decline till 0.9460 cannot be ruled out. The pairs minor support is around 0.9545 Short term bullishness only above 0.9600 and any...

FxWirePro: USD/JPY faces trend line support at 122.70, good to buy at dips

Aug 21, 2015 10:18 am UTC| Technicals

RES 4: 125 RES 3 : 124.50 (Cloud bottom) RES 2: 123.80 (200 day 4 hma) RES 1:123.25 (7 day 4H EMA) PRICE: 122.94 @10:14 GMT SUP 3 :123 (Jul 27th low) SUP 4: 122.25 (61.8% retracement of 120.40 and...

FxWirePro: EUR/GBP rally stalls at 0.7195, strong resistance by double top at 0.7224

Aug 21, 2015 09:32 am UTC| Technicals

EUR/GBP price action was capped at 0.7195, and the pair has edged lower as the single currency loses its shine Political uncertainty in Greece after PMs resigntion adding to Euro weakness, snap election reportedly to...

FxWirePro: GBP/CHF takes support near 1.5000, good to sell on rallies

Aug 21, 2015 09:29 am UTC| Technicals

GBP/CHF has broken major trend line support 1.5150 and declined till 1. is currently trading at 1.5040 Intraday bullishness can be seen only above 1.5070 and break above 1.5070 targets 1.5150/ 1.5265. On the downside...

Loonie faces strong support at 1.3050, break below targets 1.2950

Aug 21, 2015 09:12 am UTC| Technicals

USD/CAD has not able to break above trend line resistance around 1.3190 (trend line joining 1.3150 and 1.3176) and declined till 1.3050 level. It is currently trading at 1.3083. Trend reversal can be seen only below...

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