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Sterling continues struggling
FXstreet.com (Buenos Aires) ? GBP/USD, not much change since last update, pair continues struggling with the ascendant trend line coming from 1.4702 low, yet finally open a candle under it, still a break due to lateralization in price action, no clear bearish signal so far.?However, trend is changing to the downside, as 20 SMA slope is down in the hourly,? said Valeria Bednarik, collaborator at FXstreet.com. Indicators are exhausted in the chart, so the downside will probably remain limited for
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EUR/USD Current price 1.3154
FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.3154. Despite indicators seem to be exhausted in the hourly, bullish momentum continues in the pair that seems ready to break above yesterdays high at 1.3166 and firs static resistance for the next hour.20 SMA is also pointing higher, supporting the bias. ?Bigger time frames indicators are also turning up, yet far for announcing a more permanent trend,? said Valeria Bednarik, collaborator at FXstreet.com.For more information, read our latest forex news.
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USD/JPY failed to break 98.45
FXstreet.com (Buenos Aires) - USD/JPY Current Price 97.81. Pair remains bearish after failure to break above the key 98.45 zone, 38.2% of the daily Fibonacci rally 93.54/101.44. Moving sideways between 97.50/98.40, pair needs to clearly break the range to detach from actual non trend. Ascendant daily trend line coming form 87.10 today lies at 97.45, also the 50% of the mentioned rally. ?The reaction of price at that level, either a break or a rebound, could trigger some interesting momentum
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Deltastock Daily Fx Analysis
April 21, 2009Current level-1.2921EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.2951 and 1.3834. The pair reached our first target at 1.2942 and after brief consolidation we will expect continuation of the downtrend, towards 1.2738 and 1.2578. First resistance on the upside is 1.3092, followed by the crucial 1.3383.Full Article
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Deltastock Daily Fx Analysis
April 23, 2009Current level-1.3012EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3035 and 1.3589. Still in the consolidation above 1.2889, the pair is testing the important 1.3092 resistance zone. We hold on to our view, that current test will fail and new downtrend will emerge from current levels, targeting 1.2738, en route to 1.2579.Full Article
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Special Drawing Rights (IMF) converter (XDR - - ) will convert Special Drawing Rights (IMF) in any currency you want. Change XDR
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Sterling continues struggling
FXstreet.com (Buenos Aires) ? GBP/USD, not much change since last update, pair continues struggling with the ascendant trend line coming from 1.4702 low, yet finally open a candle under it, still a break due to lateralization in price action, no clear bearish signal so far.?However, trend is changing to the downside, as 20 SMA slope is down in the hourly,? said Valeria Bednarik, collaborator at FXstreet.com. Indicators are exhausted in the chart, so the downside will probably remain limited for
trend signal indicators - fxstreet aud - canadian dollar continues to fall
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Seborga Luigino / Special Drawing Rights (IMF) converter (SPL / XDR) will convert the currency of Principality of Seborga in currency of - with the actual exchange rate.
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