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EUR/CHF 1H Chart: Channel Down
Wed, 11 Jun 2014 06:39:39 GMT
 
EUR/CHF inability to settle above a seven-week high of 1.2238 led to a long-lasting drop that pushed the currency couple into a bearish corridor, inside which it has been fluctuating >>
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NZD/USD 1H Chart: Channel Up
Wed, 11 Jun 2014 06:39:33 GMT
 
Following more than a one-month long decline, the New Zealand Dollar changed its tendency against its U.S. counterpart and as a result the pair managed to shape a 109-bar long >>
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USD/ZAR 1H Chart: Channel Down
Wed, 11 Jun 2014 06:39:19 GMT
 
After a dip to a six-month low of 10.2727, the U.S. Dollar started to appreciate against the South African Rand; however, about two weeks later, USD/ZAR suddenly halted its winning >>
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BoJ to revise up its view on overseas growth
Wed, 11 Jun 2014 06:34:02 GMT
 
Given the moderate but stable increase in consumer prices and stronger-than-expected growth in the first quarter, the Bank of Japan is likely to stay pat during its two-day meeting later >>
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Pound benefits from industrial production data
Wed, 11 Jun 2014 06:23:03 GMT
 
On Tuesday the Pound appreciated versus all major currencies and it seems that a boost provided by the stronger-than-expected gain in industrial production is likely to provide a long-term boost >>
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USD/CHF attacks weekly R1
Wed, 11 Jun 2014 06:12:14 GMT
 
Despite the unfavourable signals given by the technical indicators, the buck continues to strengthen. >>
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USD/JPY touched 100-day SMA
Wed, 11 Jun 2014 06:12:03 GMT
 
The U.S. Dollar carries on ceding ground, even though the currency is already facing a supposedly formidable demand area at 102.23/05, and most of the technical studies are bullish. >>
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GBP/USD turns around near trend-line
Wed, 11 Jun 2014 06:11:51 GMT
 
The bulls failed to push the price through the resistance at 1.6813/1.6783, represented by the up-trend line, monthly PP, 55-day SMA and others. >>
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EUR/USD charges at 2014 low
Wed, 11 Jun 2014 06:11:45 GMT
 
EUR/USD closed below the weekly S1 yesterday, meaning there are no significant supports left to guard the key level at 1.3481/75—monthly S1 and, more importantly, the 2014 low. >>
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Bunch of upbeat data from U.S.
Wed, 11 Jun 2014 06:04:13 GMT
 
While the single currency was pushed lower by dovish comments from the ECB officials, the greenback benefitted from stronger-than-expected U.S. fundamentals. >>
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Policymakers hint at QE
Wed, 11 Jun 2014 05:53:03 GMT
 
The single currency received another bearish impulse from ECB's officials' comments on Wednesday, as they revived QE speculations. >>
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NZD/USD trades around 0.85 level
Tue, 10 Jun 2014 15:11:04 GMT
 
At the moment the Kiwi is trading around April and May lows; nonetheless, these levels are still rather high. >>
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USD/CAD reaches monthly PP at 1.0888
Tue, 10 Jun 2014 15:00:10 GMT
 
The U.S. Dollar is still struggling to find a bullish impetus, today it slid below the major level at 1.09, though it managed to bounce back above this level. >>
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AUD/USD extends its advance
Tue, 10 Jun 2014 14:49:04 GMT
 
The Aussie prolonged its climb against the greenback to one week, right now it is attacking the next resistance level (the weekly R1) at 0.9386. >>
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EUR/JPY targets 138 level
Tue, 10 Jun 2014 14:38:05 GMT
 
The Euro is continuing yesterday's drop by falling below the major level at 139 and sliding closer to the 138 level. >>
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