Technical analysis of Forex market

AUD/USD Increasing

AUD/USD is increasing following recent decline at 0.7687, currently trading above the 0.77 range and expected to head along 0.7730. Hourly support and resistance are given at 0.7638 (15/12/2017 low) ...
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USD/CAD Trying To Bounce

USD/CAD is bouncing off from 1.2830 low heading higher along the 1.2950 range. Hourly support and resistance are given at 1.2805 (12/03/2018 low) and 1.3308 (23/06/2017 high). The short-term technical ...
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USD/CHF Exiting Symmetrical Triangle

USD/CHF bearish pressures pushed the pair lower at 0.9445, exiting the symmetrical triangle. USD/CHF is now recovering, approaching the 0.95 range. Hourly support and resistance are given at 0.9296 (05/02/2018 ...
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USD/JPY Starting A Recovery Phase

USD/JPY is recovering from recent fall at 104.64, breaking hourly support at 105.29 (02/03/2018). Expected to strengthen along the 105.20 range. Hourly support and resistance are now given at 104.30 ...
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Albania leaps forward in Euromoney’s risk rankings

Four years since Albania became a candidate for EU accession talks, the country is doing all it can to ensure that negotiations begin earnestly, with a view to joining in ...
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Cloud service adoption starting to take off as banks’ fears ease

A spate of announcements recently of services being offered on the cloud to the financial sector is evidence of increasing comfort around adoption, say industry experts. Swift announced earlier this ...
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International and local financing attracted to Brazilian infrastructure

Private sector financing for infrastructure is beginning in Brazil, with international companies searching for the yields on offer in the sector and local companies increasingly seeing viable sources of medium-to-long ...
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Welcome to Euromoney Latin America

This is an election year in Latin America. Over the last decade, the region has made big steps towards throwing off the twin perils of political populism: fiscal laxity and ...
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EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.5737; (P) 1.5776; (R1) 1.5852; More....EUR/AUD surges to as high as 1.5889 so far today and the development confirms resumption of medium term rally. Intraday bias stays ...
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GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.80; (P) 149.30; (R1) 149.78; More...GBP/JPY's fall resumed from 156.59 by breaking 147.95 support. Intraday bias is turned back to the downside. Current fall should target 146.96 ...
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USD/CAD Weekly Outlook

USD/CAD's decline from 1.2919 resumed last week and reached as low as 1.2281. As a temporary low is in place, initial bias is neutral this week for consolidations. But outlook ...
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