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Forex: USD/CAD falls 1.30% on the day to test 1.2050 support

Fxstreet.com (Barcelona) - USD/CAD is testing the 1.2050 level after falls 1.30% so far today from opening price 1.2210. Last three hours, the pair has been traded in a small range between 1.2045 and 1.2075, currently the pair is trading around 1.2045/55.Yesterday, USD/CAD won 0.21% from opening price at 1.2183, reaching 1.2266 as maximum and 1.2165 as minimum, to close the day at 1.2209. On the week, with todays losses, the pair has lost the gains posted last two days,

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Forex: EUR/USD fights 1.3300 level after falling to 1.3270

FXstreet.com (Barcelona) - EUR/USD is fighting the 1.3300 level after falling to 1.3270 from 1.3375 in the early American morning. Currently the pair is trading around 1.3295/1.3305, fighting to be positive or negative in the day from 1.3304 opening price.According to Valeria Bednarik, FXstreet.com collaborator, the pair is in consolidation: Pair has reached the 61.8% retracement of the last down leg, so we could see some consolidation between 1.3330 and 1.3365 before next rally to the upside, supported by clearly

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EUR/USD Current price: 1.3569

FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.3569. Pair remains bearish in Asian session, breaking briefly under the 1.3555 zone. Break under recent low, could lead for more losses in the pair, after failing to break above 1.3700.?Hourly indicators remain flat yet slightly bearish, along with bigger time frames,? said Valeria Bednarik, collaborator at FXstreet.com. 20 SMA has finally turn to the downside, acting as first dynamic resistance for the pair around 1.3636.For more information, read our latest forex

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Forex: USD/CAD rises 0.40% to 1.1825, intra-day high

FXstreet.com (Barcelona) - USD/CAD has risen around 90 pips from 1.1735 in the early European morning, to reach the intra-day high at 1.1825. Currently the pair is trading around 1.1815/25, 0,40% up from opening price at 1.1765.Yesterday, the pair rose 0.33% from 1.1727 opening price, reaching 1.1791 as maximum and 1.1680 as 2009 low, to close the day at 1.1768.According to the Mataf.net analyst team, Loonie is in a downtrend: 1,1798. USD CAD is in an downtrend directed by 1H

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Forex: USD/CHF breaks 1.1350 and test 1.1300

FXstreet.com (Barcelona) - After testing 1.1400 level before US opening bell, USD/CHF has fallen around 100 pips to reach 1.1300, 3-weeks low. Currently the pair is trading around 1.1315/25 after falling 1.00% so far today from opening price at 1.1438.Valeria Bednarik, FXstreet.com collaborator, says: Again the pair rebounded at the strong 1.1350 zone as expected. Indicators are losing the oversold state in the hourly, and the pair points for further upside correction, with a first resistance around 1.1410, where we

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GBP/USD Current price: 1.5923

FXstreet.com (Buenos Aires) - GBP/USD Current price: 1.5923. Still in range, pair remains close to multi months highs at 1.5940. Movements above that level, could trigger some bullish momentum with 1.6030 as a quite interesting target zone: it represents the 38.2% Fibonacci retracement of the monthly fall from 2.0158 to 1.3502 January low.If set to correct, that?s the target zone pair needs to reach before starting, said Valeria Bednarik, collaborator at FXstreet.com. Indicators in the hourly show no clear

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Forex: Pound fights at 1.5000

FXstreet.com (Córdoba) ? GBP/USD is trying to stay above 1.5000. The pair is still under selling pressure and the dollar is attempting to fall below the mention area. From here the pair could find support at 1.4975 and then 1.4930. Resistances on the way up are located at 1.5025 and 1.5050. GBP/USD rally downside after reaching a 5-month high at 1.5196 early in the day. Current price is 1.4997 which is 0.76% below opening price.For more information, read our latest

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NZD/USD: Kiwi advances to break 0.5950 level and test 0.5970 against the USD

FXstreet.com (Barcelona) - After finding support at 0.5850 (coming from its 100 pips previous decline), the NZD/USD has risen around 110 pips in the American session from this level to break the 0.5950 resistance and reach 0.5970, fresh intra-day high. Currently the pair is trading around 0.5950/60, 0.55% above today's opening price.Yesterday, Kiwi lost 2.40% against the Dollar from 0.6070 opening price to close the day at 0.5920. The pair reached 0.5885 as highest and 0.5885 as lowest.Jamie Saettele, Senior

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Foerx: USD/JPY drops quickly to test 96.00

FXstreet.com - (Barcelona) - USD/JPY continues dropping quickly ant now the pair is testing the 96.00 level after falling around 90 pips from 97.20 to 96.10, fresh May high, in the American session. Currently the pair is trading around 96.15/25, 1.40% below todays opening price.According to James Chen, Chief Technical Strategist at FX Solutions, USD/JPY is dropping to 96.00: Price action on USD/JPY has been dropping substantially since last Friday after hitting strong resistance in the 99.55-99.75 price region. This

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