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Posts Tagged ‘Strong’

Nikkei hits 16-mth closing low, strong yen weighs
Nikkei hits 16-mth closing low, strong yen weighs

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Dollar Ends Flat As Strong Manufacturing and Consumer Sentiment Data Offset Slower Pace of Growth
• Dollar Ends Flat As Strong Manufacturing and Consumer Sentiment Data Offset Slower Pace of Growth • Euro to Face Whipsaw Price Action Ahead of ECB Rate Decision • British Pound Ends the Week as the Second Best Performing G10 Currency Against U.S.

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Watch the EURUSD corrective channel. I am on the lookout for a top from 12675 to 12800.

View full post on DailyFX Technical Analysis – Candlesticks

The NZDUSD has reached what is probably strong resistance from the 200 day SMA and 78.6% retracement of the decline from 7330.

View full post on DailyFX Technical Analysis – Candlesticks

The larger EURUSD bearish bias is valid against 13822 although a small 2nd wave top could be in place at 13540.  Continued strength would target 13650.

View full post on DailyFX Technical Analysis – Candlesticks

New Loonie Trading Range May Keep Currency Strong, BMO Says
March 19 (Bloomberg) — Canada’s dollar may have entered a new trading range that would limit weakening against its U.S. counterpart, Bank of Montreal said.

Read more on Bloomberg