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AUD/USD has halted just ahead of the base of the 2013-2015 down channel at 0.7597. Key Quotes: "This is holding currently for a small rebound. We note the divergence of the RSI." "Initial resistance is 0.8034 (7th Jan low). Key resistance is the 0.8130 downtrend...
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Andrius Kulvinskas, 4 February 2015, 20:33
Cable reached earlier at 1.5249 the strongest level since January 15 but after Wall Street opening bell lost strength. Recently the pair dropped to 1.5190 and currently is hovering around 1.5200/10. The GBP/USD pair is still up for the day, headed toward the second daily gain in a row...
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Andrius Kulvinskas, 4 February 2015, 20:31 #GBP/USD
AUD/USD is currently trading at 0.7762 with a high of 0.7851 and low of 0.7746. The greenback has flexed its muscles again and is denying the bulls. AUD/USD is in clear bearish territory on the longer dated sticks, changing hands below critical support-turned-resistance of June 2010 at 0...
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Andrius Kulvinskas, 4 February 2015, 17:02
The USD/CAD extended gains to trade well above 1.25 levels on a weak Canadian Ivey PMI data and an upbeat US ISM non-manufacturing data. USD/CAD rises to 1.2550 The pair rose to 1.2550 as the CAD suffered a double blow in the form of weak data and falling Crude prices...
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Andrius Kulvinskas, 4 February 2015, 16:31 #usd/cad
Valeria Bednarik, Chief Analyst at FXStreet, comments that technicals suggest AUD/USD outlook remains bearish in the short-term, expecting the pair to resume its decline one a break of 0.7735 levels...
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Andrius Kulvinskas, 4 February 2015, 16:13
EUR/USD continues to give away part of Tuesday’s gains, now returning to the area of 1.1430, or session lows. EUR/USD focus on US calendar Spot has already retraced over a big-figure since yesterday’s tops around the mid-1...
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Andrius Kulvinskas, 4 February 2015, 15:45 #EUR/USD
The greenback advanced versus the loonie on Wednesday following 2 days of losses and a 2-week low, as oil reversal underpinned USD/CAD. USD/CAD bottomed out at 1...
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Andrius Kulvinskas, 4 February 2015, 15:32 #usd/cad
On Wednesday the pound sterling traded higher vs the greenback after data showing the U.K. service sector output grew at a faster than expected rate in January after slowing at the end of last year...
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News, 4 February 2015, 13:56 #Bank of England, GBP/USD
On Wednesday the greenback was broadly higher vs peers, as market players worried over Greece's plans to renegotiate its bailout, while keeping an eye on upcoming U.S. jobs and service sector data. The euro slipped lower despite upbeat...
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News, 4 February 2015, 12:46 #Bank of England, GBP/USD
Jane Foley, Senior Currency Strategist at Rabobank, forecasts USD/CAD to move towards 1.28 levels over the next 3 months, citing CAD’s sensitivity to oil prices...
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Andrius Kulvinskas, 4 February 2015, 12:41 #usd/cad
The AUD/USD inched closer to 0.7850 levels after the People’s Bank of China (Pboc) cut reserve requirement ratio to 19.5% from 20.0%. Gains capped by weakness in commodities The pair currently trades at 0.7807levels after having hit a high of 0...
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Andrius Kulvinskas, 4 February 2015, 12:09
EUR/USD recovered from session lows after services sector activities expanded across the Euro area economies with France bucking the trend. EUR/USD recovers from 1.1437 levels The EUR/USD erased partial losses and traded at 1.1471 levels, post the PMI data release...
Currency
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Andrius Kulvinskas, 4 February 2015, 10:23 #EUR/USD
The AUD/USD pair has recovered most of its losses triggered by the surprise interest rate cut by the Reserve Banks of Australia (RBA) see in the previous session. Gains capped at 10-DMA The recovery seen in the AUD/USD pair was halted near the 10-DMA located at 0.7830 levels...
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Andrius Kulvinskas, 4 February 2015, 10:07
GBP/USD pared previous gains and steadied above 1.5150 levels as traders now await UK Service PMI reading which may beat market estimates following previous upbeat PMI reading from the UK. Sustains above 1.5150 The GBP/USD pair traded flat at 1.5156 levels, retreating from day’s high posted at 1...
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Andrius Kulvinskas, 4 February 2015, 09:23 #GBP/USD
- NZD/USD extended its recovery mode in to the European morning, rallying to fresh session highs as traders continue to cheer Reserve Bank of New Zealand (RBNZ) Governor Wheeler’s dovish tone. Retraces from day’s high at 0.7449 Currently, the NZD/USD extended gains and trades at 0...
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Andrius Kulvinskas, 4 February 2015, 09:09
The Japanese yen traded lower in a busy data day for Asia, with key reports from New Zealand, Australia, China and Japan...
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News, 4 February 2015, 07:19 #Bank of Japan
Russian Bank Suspends Money Withdrawal Process The growing financial epidemic of Russian banking system further intensified last week when a local bank – SB Bank of Russia – stopped cash withdrawal process, barring customers from obtaining their own money...
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BlondieNews, 4 February 2015, 06:11 #Cryptocurrency, bitcoin
The Euro is the winner of the day; however, it's experiencing difficulties extending gains versus the US Dollar. After climbing over 100 pips from 1.1335 to trade at highs since January 22 at 1.1450, the EUR/USD is trading sideways now...
Currency
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Andrius Kulvinskas, 3 February 2015, 18:51 #EUR/USD
The AUD/USD pair recovered from six-year low of 0.7624 as the recovery in Crude prices eased concerns of falling inflation expectations in the advanced world...
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Andrius Kulvinskas, 3 February 2015, 16:05
EUR/USD pushed higher and briefly rose above the 1.14 mark at the beginning of the American session, amid comments about Greek debt situation...
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Andrius Kulvinskas, 3 February 2015, 14:42 #EUR/USD