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GBPJPY Maintain Bullish Bias Beyond 136.00 Level, As Momentum Eases

GBPJPY Price Analysis – September 30 GBPJPY is increasing for the 5th day in a row while maintaining a bullish bias beyond the 136.00 level. Earlier, the dip–buying assisted to limit any meaningful slide near the key 135.00 psychological marks as bulls are seen making a fresh attempt as momentum eases. Key LevelsResistance Levels: 147.95, 142.71, 136.62Support Levels: 133.12, 131.75, 129.29GBPGPY Long term Trend: RangingThe GBPJPY may begin to consolidate between 135.00 and 136.62 levels. If it tries to breach and carry beyond 136.62 levels more growth appears probable. The initial aim is seen at level 136.62, led by level 137.84. As long as the level of resistance is 147.95, a potential […]

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USD/CAD Upward Move Faces Resistance at Level 1.3400

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishThe pair has resumed an upward move. The Loonie was earlier in a downtrend. It fell to level 1.2980 and resumed the uptrend. The current uptrend faces resistance at level 1.3400. The market will move up after price finds support. […]

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USD/JPY Is in an Upward Move, Targets Level 106.16

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair was on a downward move. The price fell to the low of 102.27 and resume upward move. The Yen is currently facing resistance at the 21-day SMA. It is likely to rise if price breaks above the […]

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S&P 500 Bullish Sentiment Unwavering Towards 3400 Level Before Near Term Correction

S&P 500 Price Analysis – September 29 S&P 500 declines to 3343 levels, after hitting up to 3374 level intraday high, amid the initial hour of European open on Tuesday. Brexit hopes expectations of US stimulus keep trading sentiment unwavering towards the 3400 levels. Key LevelsResistance Levels: 3522, 3477, 3400Support Levels: 3318, 3210, 3118S&P 500 […]

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AUD/NZD Price Analysis — September 28

Over the past week, the G10 currencies have been heavily stirred, following a corrective move in the US dollar (DXY). This correction has been the major driver behind the price dynamics in the FX market of late. Meanwhile, the Australian Dollar (AUD) has been one of the major underperformers, and not just as a result […]

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