lignes de support et resistance tader

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Higher Canadian Inflation Does Not Provide Much Support for Canadian Dollar

Rising Canadian inflation is not providing much support for the Canadian dollar on Friday as it remains under modest pressure against the greenback.Although the U.S. dollar is up on the day against the loonie, the cross has struggled to make gains through most of the session. USD/CAD has been unable to hold gains past 1.2150 CAD. Through most of the session the cross has bounced between support at 1.2065 CAD and resistance at 1.2158 CAD. The cross

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Evaluation du support sous nos pieds

Si l'analyse des overhead resistance permettait d'anticiper la ou les zones qui offraient une résistance à l'avancée des prix; l'évaluation des supports, soit d'anciennes résistances franchies en phase 2 freinant la baisse, sera maintenant très utile. Elle sera d'autant plus utile que nous aurons ouvert des positions de vendeurs à découvert.

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GBP/USD: The Pound rejected at 1.4655 tests intra week low at 1.4465

FXstreet.com (Barcelona) ? The Pound is going through a sharp downward reversal on the back of the budget speech by U.K. Chancellor of the Exchequer Alistair Darling; GBP/USD was rejected at 1.4655 dropping all the way to a new intra?day low at 1.4476.The Pound is right at support area 1.4475/65, in case of further downside move, next support level could come at 1.4400 and then 1.4365/75. On the upside, once above 1.4515, the pair could find resistance at 1.4585/1.4600 and

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Canadian Dollar Remains Directionless

USD/CAD was unable to sustain its gains from earlier this morning, but still remains firmly in its range.The cross continues to trade with support at 1.24 CAD and resistance at 1.26 CAD.According to some currency strategists, the rise in oil prices could be helping to support the loonie, but markets are currently looking a little directionless. USD/CAD is up one cent to 1.2524 CAD.George Androulidakis, currency strategist at the National Bank of Canada, said he is not

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EUR/USD rose at Asia Session

FXstreet.com (Jakarta) - The EUR/USD rose as the eurozone services and manufacturing composite PMI contracted at the slowest rate in six months indicating the eurozone economic slump may be easing. ?The short-term trend for the EUR/USD is negative; however, the pair traded above the 1.30 handle and may test the diagonal 1.32-area resistance,? said Hans Nilsson, analyst at CMS Forex. If this resistance is broken, the chart pattern will turn bullish. Support exists in the 1.29 area.For more information, read

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Forex: USD/JPY : Decline from 101.45 high extends below 97.00

FXstreet.com (Barcelona) ? The Dollar has weakened during Asian session breaking below the upward trending support line from Jan 21 low at 87.00; Decline from 101.45 high on Apr 06 has extended below 97.00, reaching a fresh two-weeks low at 97.88.At the moment the Dollar struggles to remain above 97.00 support level, in case of further decline next support levels could stand at 96.50/40 and then 95.90 (Mar 30 low).On the upside, the Dollar might find resistance at 97.60, and

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USD/JPY: The Dollar rises above 97.00 approaching day high

FXstreet.com (Barcelona) ? The Dollar has returned to the upside and reaches 97.00 hitting intra-day highs at 97.15, right below next resistance level at 97.25/40.Next resistance level lies at the mentioned 97.25/40 area, and above there 97.60/80, and above there 98.15/20. On the downside, next support comes at 96.20/35, and below there, 96.00 before April 28 low at 95.60.GBP/JPY bounce at 139.00 has broken resistance at 142.80/143.00 reaching to levels below 143.50. Next resistance levels come at 143.80 and 144.55;

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Forex: GBP/USD: The Pound rises above 1.4800

FXstreet.com (Barcelona) ? The Pound has broken resistance level at 1.4810 during Thursday?s Asian session, and recovery from Tuesday low at 1.45145 has reached to 1.4850 high. At the moment the Pound trades around 1.4835 with resistance level at 1.4850 on sight, in case of climbing above here, next resistance comes at 1.4944 and 1.5000. On the downside immediate support lies at 1.4810 and below here, 1.4737 and 1.4675/90.GBP/JPY recovery from 139.00 low on Tuesday has reached an intra-week high

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Forex: GBP/USD: The Pound finds support at 1.4515 and rises back towards 1.4600

FXstreet.com (Barcelona) ? The Pound has found support at 1.4515 and the pair has rallied about 80 pips to test resistance area between 14580 and 1.4600 level again.In case of successful move above 1.4600 next resistance level could lie at 1.4665/80 level and above there at 1.4700. On the downside, below 1.4580, next support could be 1.4515 and below there, the area 1.4575/65 intra day low. According to the Kshitij Consultancy Service Team, GBP/USD will remain bearish while below

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Forex: EUR/USD: Euro rally capped at 1.3385

FXstreet.com (Barcelona) ? The Euro has rallied from 1.3265 level ahead of the European session opening to 1.3385/90 resistance level, but the European currency has failed to break above mentioned resistance level and has pulled back towards support at 1.3345, which is being tested art the moment.If 1.3340 support does not contain the EUR/USD pullback, next support level could come at 1.3265 and below there, 1.3230. On the upside., above 1.3385, next resistance levels could come at 1.3410 and above

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