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Subscribe to this list via RSS Blog posts tagged in FX

Posted by on in FX Chart Updates

A solid rebound back higher to the range last week, and despite the Monday failure back from 1.5690, a Tuesday breakout above here reinforces a bull tone for Wednesday and also can re-energize the underlying bull theme.

The July push through resistances from June, the rally from our 1.5327 retrace support, and rebound from ahead of the trend line from May all leaves an upside risk into August.

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Tagged in: CABLE Forex FX GBP GBPUSD
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Posted by on in Miscellaneous

A Wednesday and Friday stall ahead of the key 1.1216 barrier (as expected) for a roll back lower and a bear tone for Monday.

Furthermore, whilst below 1.1216, we see the broader, erratic down trend intact and see the risks as lower through mid-August.

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Tagged in: EUR Euro EURUSD Forex FX
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Posted by on in FX Chart Updates

As expected, the intra day rebound effort Wednesday produced a neutral consolidation theme for Thursday, but with a negative bias.

This leaves bias for further digestion with a negative bias into Friday, but the Tuesday-Wednesday breakdown after the Chinese Yuan devaluation has re-energized the underlying bear theme into August.

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Tagged in: Forex FX NZD NZDUSD USD
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Posted by on in FX Chart Updates

A dip and a bounce to maintain range phase that has dominated since mid-July and leave a consolidation theme for early August.

However, the early July push through resistances from June and the rally from our 1.5327 retrace support, leaves an upside risk into August.

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