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FxWirePro: USD/JPY approaching resistance at 124.09, buy deals are recommended above 123.80

Jun 24, 2015 07:31 am UTC| Technicals

USD/JPY is trying to break 124.09 (38.2.% Retracement level) and bounce above to reach the next Resistance level at 124.43. Later in the day, the US Q1 GDP (Gross Domestic Product) and GDP Price Index (QoQ) is set...

FxWirePro: Sell GBP/USD below 1.5805, down trend to continue further below

Jun 24, 2015 06:45 am UTC| Technicals

GBP/USD is bouncing back from 1.5710 level and trying to test 1.5812 (61.8% Retracement level). Rally in the range 1.5760- 1.5800 should be taken as advantage for selling opportunities, As GBP is weak against the...

EUR/USD in recovery mode briefly topping 1.1200

Jun 24, 2015 06:33 am UTC| Technicals

1.1135 low vs 1.1130 50% May 27-Jun 18 1.0819-1.1440 rise Next pivot at hourly kinsen 1.1208. Then 55/200-HMAs 1.1275/85 Greek economy minister optimistic sees no extension programme plan Austrian FM...

AUD/USD flat in quiet trading

Jun 24, 2015 03:58 am UTC| Technicals

Pair drifting back to the opening level at 0.7735 to contradict early strength AUD outperformed yesterday, but topside likely limited amid broad USD strength Resistance is seen around at 50% of...

USD/TWD Further upside bias seen after sharp contraction in May exports

Jun 24, 2015 02:57 am UTC| Technicals

Pair opens bid at 31.0, good buying from custodians seen Pair traded 30.88-31.005 range so far Markets await May industrial output data, last at...

USD/SGD eyes 1.3456, 50% Fibonacci retracement

Jun 24, 2015 02:49 am UTC| Technicals

Pair well bid at 1.3400, bullish bias intact Pair last at 1.3423-27, traded 1.3400-25 range so far Resistance levels at 1.3456, 1.3520...

USD/MYR trading towards 3.76

Jun 24, 2015 02:43 am UTC| Technicals

Pair maintains bullish bias, good bidding from funds and interbanks Growth and domestic worries weigh heavy on MYR Pair opens at 3.7420-60, traded 3.7450-3.7580 range so far Last index at 3.7550-80,...

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