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Recap: Limited moves to start the week

EURJPY chart

A very subdued start of the week in the FX market, with all G10 without exception trading in tiny...

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EURUSD: Vulnerable, Targets Further Downside With Caution

EURUSD: Vulnerable, Targets Further Downside With Caution EURUSD: Outlook for EUR remains lower following a bearish price extension the past week. Corrective may occur in the new week. Support lies at the 1.3000 level where a break will expose the...

GBP/USD Risk of a Bearish Shift through 1.6952

We restate the view from our recent client reports that “whilst below 1.7152, we see a bias lower” and the push last week through the 1.7010/00 retrace/ chart area leaves threat for a more bearish shift.

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US to be a major driver in the markets this week

Good morning, US to be a major driver in the markets this week; Earnings reports from Europe the focus this morning; US PMI readings and housing data key this afternoon. A week that is widely focused...

USDCAD: Stop loss orders touted above 200 DMA @ 1.0832

The US dollar gave it's northern neighbour a beating on friday, rising from 1.0739 to 1.0821. Trend-line resistance off the March high (1.1279) has given way and a move higher looks to be on the cards.

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EUR slides limited, GBP to extend consolidative range

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.3389 1.3524 1.3347
GBPUSD 1.6965 1.7021 1.6970
USDJPY 101.86 102.25 103.82
USDCHF 0.9064 0.9059 0.9198
AUDUSD 0.9357 0.9280 0.9171
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.0794 1.0803 1.0942
NZDUSD 0.8539 0.8601 0.8521
GBPJPY 172.65 173.83 175.71
EURJPY 136.62 137.10 138.30
EURGBP 0.7876 0.7843 0.7793

EUR/USD downside limited by critical 1.3000: bears may be in charge, but sentiment is not enough to start thinking of a stronger long term slide.

GBP/USD bulls’ hopes lost: Pound sub 1.70 against the greenback, fueled bearish potential for GBP/USD seen mostly under pressure for t the upcoming month.

USD/JPY bulls still dominating the pair: pressure eased over the USD/JPY, with bulls again been a strong majority in the short and longer view.

AUD/USD red, red and more red ahead: despite its latest strength, market players are sitting in the selling side of the pair, seeing levels of 0.90 and below for next quarter.

EUR/JPY probable bottom underway: the EUR/JPY is expected to maintain the range next week, but return north afterwards.

Analysis

Trader’s eye on FX, short term

Ivan DelgadoIvan Delgado – EUR/USD remains at depressed levels with technicals still pointing for further losses in the near term...


Euro weakens to fresh 8-month low by AceTrader


Daily Chart Art - July 28, 2014 by BabyPips.com

Franco Shao

EURUSD broke below 1.3477 support

EURUSD indicates that the uptrend from 1.2747 (Apr 4, 2013 low) has completed at 1.3993 already. The pair is now in downtrend,...

Vladimir Mihaylov

Dollar is stronger against almost all, EUR may loose even 1.3400

EUR dropped below 1.3450 support and now consolidates inside the main support area between 1.3420 and 1.3450. It is expected the pair to test 1.3400....

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Economic Calendar

Official Interest Rates

US: 0.25% EMU: 0.15% UK: 0.5% JP: 0.1% CH: 0% CA: 1% AU: 2.5% NZ: 3.5%

Spreads

Broker EUR/USD GBP/USD USD/JPY

0.8

0.8

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0.1

0.1

0.2

0.9

2.1

0.8

1.7

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1.3

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Current Trading Positions

EURUSD Order Entry SL TP
DeltaStock.com SELL MKT @1.3447 1.3510 1.3380
USDJPY Order Entry SL TP
DeltaStock.com BUY MKT @101.90 101.50 102.80
EURJPY Order Entry SL TP
AceTrader BUY LMT @136.60 136.25 137.30
GBPJPY Order Entry SL TP
Swissquote Bank SA BUY STP @173.69 173.00 175.24

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Most Traded Pairs


Pair Price Hour Day Week Month
EURUSD 1.3431 0.01 -0.01 -0.69 -1.60
GBPUSD 1.6984 0.02 0.02 -0.54 -0.31
USDJPY 101.83 0.00 0.06 0.43 0.42
AUDUSD 0.9391 0.04 -0.07 0.18 -0.35
USDCHF 0.9050 0.01 0.04 0.78 1.61

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