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USD/JPY: pulling-back after touching 50% retrace
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 - Apr 23, 2014

 Short-term USD/JPY continues trading within this sideways broadening pattern. However, the break above the 102.35 highs changed the bias on the 4-hour chart to bullish. Since then it has continued ...

 
Chinese Manufacturing Remains In Contraction For 4th Consecutive Month
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 - Apr 23, 2014

After a day so dull that it verged on the Sisyphean yesterday, we have finally had some overnight movement to get interested in. Chinese preliminary PMI readings for April from the manufacturing ...

 
USD/JPY Strength Ebbs On Steady Euro Zone PMIs
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 - Apr 23, 2014

USD/JPY Open 102.61 High 102.73 Low 102.40 Close 102.58On Tuesday USD/JPY traded within narrow 30 pip range. The currency couple depreciated from 102.73 to 102.40 yesterday, matching the negative ...

 
Daily Report: Aussie Up Before CPI
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 - Apr 23, 2014

The U.S. dollar slipped against a number of Forex majors as the international financial markets returned from the extended Easter holiday. However, it advanced to a 14-month high against the Chinese ...

 
Technical Report: USD/CAD Maintains Tight Range
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 - Apr 23, 2014

EUR/USD The pair is trading weakly as the technical catalysts didn't change since yesterday, whereas the pair is stable above 38.2% correction at 1.3780 levels showing on graph. Stability above the ...

 
EUR/USD: very short-term down-trend intact
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 - Apr 23, 2014

The EUR/USD pair rose up this morning but then capitulated, resuming its dominant short-term down-trend. Progression lower is likely to continue. A break below 1.3800 could be a sign of a more ...

 
GBP/USD Upside Risk Through 1.6877
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 - Apr 23, 2014

GBP/USD bullish tone and extension biasA push to a new recovery high last week and a subsequent resilient tone leaves the threat still higher into this week.We still target another new cycle high this...

 
AUDJPY Breakout Structure Following Impulsive Price Action
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 - Apr 23, 2014

AUDJPY – Breakout Structure Following Impulsive Price Action​Posting an impressive 10 day bull run in late March this year, the AUDJPY has been relatively tame, forming a corrective structure ...

 
Market Outlook: Cable Trades In Consolidative Mode
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 - Apr 23, 2014

EUR/USD The single currency bounced after yesterday’s attempt at near-term range floor left marginally lower low at 1.3784. Cracking important resistance at 1.3830, 21 Apr high / main ...

 
USD/JPY: A Push Higher?
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 - Apr 23, 2014

JPY failed again in the 10275 region but the charts still point higher therefore we must go with them. Now we have held the 10249 support so far so there really is no reason we cannot push higher and ...

 
Majors Daily Forecast: April 23, 2014
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 - Apr 23, 2014

EUR/USDRisk reward: 1.62Trend: UpBuy at 1.3798 SL 1.3766 TP 1.3850USD/JPYRisk reward: 1.19Trend: DownSell at 102.64 SL 102.96 TP 102.26GBP/USDRisk reward: 1.84Trend: UpBuy at 1.6798 SL 1.6766 TP ...

 
AUD/USD: Targeting 0.925 Below 0.930  
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 - Apr 23, 2014

AUD/USD: Now we have broken through key support the near-term bias has switched to bearish. Below you may find the video

 
Cable Steady Ahead Of BoE Minutes
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 - Apr 23, 2014

GBP/USD Open 1.6822 High 1.6840 Low 1.6783 Close 1.6821On Tuesday the GBP/USD increased with 40 pips. The Cable appreciated from 1.6783 to 1.6840 yesterday, in line with the positive money flow ...

 
Hedge Funds Love The Pound
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 - Apr 23, 2014

Chart 1: Funds have piled into GBP with a view of higher exchange rate   Source: Short Side of Long According to the latest CFTC commitment of traders report, hedge funds and other speculators have ...

 
GPB/JPY And EUR/JPY Currency Outlook: April 23, 2014
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 - Apr 23, 2014
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GBP/JPY Daily Pivots: (S1) 172.17; (P) 172.45; (R1) 172.90; No change in the GBP/JPY's outlook. While further rally cannot be ruled out, strong resistance would likely be seen at 173.14 to limit ...

 
Major Currency Pairs: Sterling Approaches 4 Year High
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 - Apr 23, 2014

EUR/USDEuro-area consumer confidence unexpectedly increased to the highest in six and a half years in April, after the unemployment rate retreated from a record and the single currency bloc’s ...