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EUR USD Unable to Break the 1.2920 High

EUR USD has taken a dive to the downside after hitting the 1.2916 high yesterday, so far the EUR USD reached the 1.2734 low. Intraday bias remains on[...] read more »
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GBP USD Bullish Momentum has Revived Back

GBP USD is rallying above the previous high of 1.5469 at the current moment and is looking to target the 1.5520 resistance line next. Intraday bias r[...] read more »
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Is the USD JPY Committed to Breaking the 83.58 Support ?

USD JPY has reached the high of 85.21 on Friday but was unable to keep the bullish momentum for more upside action. Intraday bias remains on the down[...] read more »
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GBP USD Correlates with the EURO and is Bearish Now

The GBP USD is now in currency correlation with EUR USD, and both have entered into bearish bias. So far, the “Irish Debt Crisis” has boosted the U.S[...] read more »
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GBP USD Lagging Behind, Traders are Not Confident

GBP USD has reached the 1.5786 high, but remain below the minor resistance line. Intraday bias remains on the downside, as long as the 1.5835 minor r[...] read more »
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Are the Professionals Controlling the USD JPY Momentum ?

USD JPY has broken the 85.00 level and headed to as low as 84.88, but didn’t break the 84.71 resistance line. Intraday bias remains on the downside, [...] read more »
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Ireland Bailout Cost Est. at $68 Billion

EUR USD has extended its uptrend to 1.3729 from the 1.3446 low. Intraday bias remains on the downside, as long as the 1.3823 resistance line is not b[...] read more »
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Will the USD JPY Rock Bottom to November 2009 Low ?

USD JPY still has the bearish momentum and reached a low of 88.27. On the downside, the next target for the USD JPY is the 87.99 resistance line and [...] read more »
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EUR USD Has Rejuvenated but Without Vigilance

EUR USD bullish reversal will target the 1.2670 resistance line next. On the upside, if the EUR USD breaks the 1.2670 resistance line it would target[...] read more »
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GBP USD Has Reacted the Weakest to the U.S NFP Report

GBP USD has reacted the weakest to the U.S NFP report but nevertheless; has broken the previous resistance line of 1.5965 and hit the high of 1.5996.[...] read more »
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USD JPY is Pips Away from Major Resistance Line

USD JPY has come very close of breaking the 83.97 resistance line, but so far only reached the 83.95 high. Intraday bias remains on the downside, as [...] read more »
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The BOJ Intervention has Officially Failed

USD JPY has broken the 82.86 support line which officially indicates the failure of the 1st intervention. Intraday bias remains on the downside, as l[...] read more »
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S&P Cuts Japan's Outlook, AA to -AA

In the news today, the S&P cuts Japan’s sovereign debit rating from AA to -AA. The Yen has been weakened by the news, which made the USD JPY once aga[...] read more »
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USD JPY Bullish Sentiment Maybe all Speculation

USD JPY is consolidating between the 84.71 low and 86.36 high at the current moment. Intraday bias remains on the downside, as long as the 88.10 resi[...] read more »
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Will the Irish Debt Crisis Push the EURO to 1.3380 ?

EUR USD has declined to the 1.3559 low and further consolidation should be underway. Intraday bias remains on the downside, as long as the 1.4048 res[...] read more »
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