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Deltastock Daily Fx Analysis

May 27, 2009Current level- 1.5977The pair is in an uptrend, after bottoming at 1.3506. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4778 and 1.5510. Yesterday's dip below 1.5835 found good support at 1.5772 and the uptrend is renewed towards 1.6292. Intraday support comes at 1.5916 and crucial is 1.5772.Full Article

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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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Deltastock Daily Fx Analysis

March 9, 2009Current level- 1.4001The pair is in a corrective phase, after bottoming at 1.3506. Trading is situated below the 50- and 200-day SMA, currently projected at 1.5505 and 1.8341. As expected, Friday's minor uptrend peaked at 1.4306, completing the corrective phase above 1.3960 and currently the pair is in a downtrend towards 1.3825

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USD/JPY breaks Downtrend

FXstreet.com (Jakarta) - The USD/JPY rose for a second day and broke the short-run downtrend. There is important resistance in the 99 area. If this is broken, the uptrend will resume. ?However, if the resistance holds, the USD/JPY may develop a head-and-shoulder formation with bearish short-term implications,? said Hans Nilsson, analyst at CMS Forex. There is support in the 97 area.For more information, read our latest forex news.

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Deltastock Daily Fx Analysis

March 9, 2009Current level- 1.4001The pair is in a corrective phase, after bottoming at 1.3506. Trading is situated below the 50- and 200-day SMA, currently projected at 1.5505 and 1.8341. As expected, Friday's minor uptrend peaked at 1.4306, completing the corrective phase above 1.3960 and currently the pair is in a downtrend towards 1.3825 and 1.3506. Intraday resistance comes at 1.4040, followed by the crucial 1.4123.Full Article

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Deltastock Daily Fx Analysis

May 27, 2009Current level- 1.5977The pair is in an uptrend, after bottoming at 1.3506. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4778 and 1.5510. Yesterday's dip below 1.5835 found good support at 1.5772 and the uptrend is renewed towards 1.6292. Intraday support comes at 1.5916 and crucial is 1.5772.Full Art

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Forex: USD/CAD lost its initial gains and fights the 1.1750 level

FXstreet.com (Barcelona) - After reaching intra-day high at 1.1825, the USD/CAD has fallen around 110 pips to reach intra-day low at 1.1715 in the early American session. Currently the pair is trading around 1.1730/40 after losing its initial gains and be 0.26% down from todays opening price.According to the Mataf.net analyst team, Loonie is in a downtrend: USD/CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The

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Forex: EUR/USD rejects 1.3985 and falls to 1.3915

FXstreet.com (Barcelona) - EUR/USD has been rejected by the 1.3985 level, after rising 125 pips in the early American morning from 1.3860, and it has fallen to 1.3910. Currently the pair is trading around 1.3910/20, 0.60% above today's opening price.James Chen, Chief analyst at FX Solutions, EUR/USD is in a uptrend channel in the short-term despite a bearish correction: A breakout above that level, which represents the 2009 year-to-date high, would confirm a continuation of the parallel uptrend channel, targeting

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