1 0 Tag Archives: resistance
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USD/CAD Trades at Declining Channel Resistance – FXStreet.com

The USD/CAD has been persistently bearish as seen in the 4H chart trading in a declining channel. The RSI has been held under 60 and has been able to tag 30, reflecting the continuous bearish momentum. As we gear up for the 2/7 US trading …

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February 7, 2012
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US Dollar Recovers as S&P 500 Chart Setup Warns of Weakness Ahead – DailyFx

The first layer of significant support lines up at 1305.40. Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Prices recovered from resistance-turned-supportat top of a falling channel set from mid-November to retest the broken …

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February 6, 2012
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US Dollar Technical Positioning Hints Recovery May Be Ahead – DailyFx

Channel top resistance is now at 1339.90. 8hr Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Prices continue to consolidate above support at 97.70, with the first layer of resistance still at 101.28. A break lower exposes resistance …

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January 31, 2012
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S&P 500 Positioning Hints at Weakness, Offering Hope to US Dollar – DailyFx

A break below the latter boundary exposes 1285.90. 8hr Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Prices continue to consolidate above support at 97.70, with the first layer of resistance still at 101.28. A break lower exposes …

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January 27, 2012
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EUR/USD recovered considerably last week – FXStreet.com

Friday’s data concludes the week with the Trade Balance (-47M). The chart for NZD/USD shows resistance at 0.8080 and 0.8242. On the downside, technical support is expected at 0.7979/96, 0.7864, and 0.7650. GBP The upcoming UK economic calendar …

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S&P 500 Rally Fails to Break Key Resistance, Double Top Still Possible – DailyFx

Initial support stands at 1265.30, while a daily close above 1292.90 exposes 1305.40. Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Unchanged from yesterday: “Prices remain locked between support at 101.28 and resistance at …

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January 11, 2012
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Forex – Chart AUD/USD Update: Approaching strong resistance at 1.0304/10 – FXStreet.com

Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …

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EURUSD’s bounce extended to 1.3076 – CountingPips.com

EURUSD’s bounce from 1.2858 extended to as high as 1.3076. Further rise is still possible later today, and the target would be at the upper line of the price channel on 4-hour chart. Key resistance is at 1.3196, as long as this level holds …

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January 4, 2012
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Forex – Chart EUR/AUD Update: Bouncing off the 1.2957 strong support – FXStreet.com

15 Dec EUR/AUD Daily 22:55 GMT – Bears are finding strong support at 1.2957 and currently reversing from this week’s low of 1.2960 and eyeing higher resistance at 1.3157 ahead of the consolidative high of 1.3230. Only a sustained move above …

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December 14, 2011
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Forex: EUR/AUD double top attempt spotted – FXTimes – NASDAQ

“A failure to respect the double top attempt opens up further upside. Looking at the daily chart and considering that it has been range-bound, the upside is limited to 1.39, where the market is likely to meet the projected triangle resistance.

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November 24, 2011