AUD/USD: In a steep correction
Tue 21 May 2013
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The AUD/USD has been suffering a steep correction since the breakout of support at 1.0111, according to technical analysts at Digital Look.
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GBP/USD: A potential rebound following a false breakout
Tue 21 May 2013
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The price chart for the GBP/USD reveals that the support level at 1.52 is actually holding up for now, leading technical analysts at Digital Look to consider a potential rebound towards 1.54.
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EUR/GBP: Waiting for a rebound
Tue 21 May 2013
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The EUR/GBP has been confined to a narrow trading range for the last two weeks.
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EUR/USD: Pullback to 1.2950
Tue 21 May 2013
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Last week, the EUR/USD broke through the support level at 1.2954 and confirmed a reversal formation known as a ‘double-top’ with bearish implications, according to technical analysts at Digital Look.
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FX round-up: Dollar retreats ahead of Fed minutes
Tue 21 May 2013
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Recent dollar strength lost momentum on Monday as investors held back ahead of minutes from the Federal Reserve’s last policy meeting due Wednesday.
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EUR/USD: A double-top confirmed
Mon 20 May 2013
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The EUR/USD has confirmed a double-top formation following last week’s loss of support at 1.2954, according to technical analysts at Digital Look.
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USD/JPY: As strong as the Nikkei
Mon 20 May 2013
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The Japanese yen continues to show weakness versus the other majors, especially the 'greenback.'
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USD/CAD prepares for rally towards year's highs
Mon 20 May 2013
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USD/CAD was able to move above the top part of a slightly bearish trading range on Friday.
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FX round-up: Dollar rises on robust US data
Mon 20 May 2013
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The dollar rallied across the board on Friday after data showed a recovery in US consumer sentiment.
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FX round-up: Dollar falls as US data disappoints
Fri 17 May 2013
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A barrage of worse-than-expected economic data from the States saw the dollar decline against most of its major counterparts on Thursday.
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AUD/USD: Moving to last June’s low
Thu 16 May 2013
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The AUD/USD moved through the bottom part of a trading range that goes back several months.
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EUR/GBP: Restructuring to the upside
Thu 16 May 2013
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Technical analysts at Digital Look say that the price chart for the EUR/GBP shows the potential for a rebound.
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EUR/USD: Double-top reversal
Thu 16 May 2013
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The EUR/USD is clearly picking up bearish momentum following the breakout of support at 1.2953, according technical analysts at Digital Look.
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FX round-up: Dollar remains firm despite data
Thu 16 May 2013
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The dollar maintained gains against major currencies on Wednesday, despite weaker than expected US manufacturing and wholesale price data, while the euro was pressured by data showing a larger than expected contraction in the Eurozone economy.
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USD/CAD shoots for 1.0250
Wed 15 May 2013
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The price chart for the USD/CAD shows a short-term rally towards the top part of a bearish price channel, concretely at around 1.0250, say technical analysts at Digital Look.
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USD/JPY: No signs of a throwback
Wed 15 May 2013
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The sudden move above 100 on the USD/JPY shows no signs of slowing down, according to technical analysts at Digital Look.
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EUR/USD: Euro breaks through support level
Wed 15 May 2013
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The EUR/USD confirmed the breakout of a support level at 1.2953, according to technical analysts at Digital Look.
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USD/CHF: Heading for the 2012 high
Wed 15 May 2013
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The USD/CHF has been performing strongly and has now confirmed a breakout of resistance at 0.9566, according to technical analysts at Digital Look.
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FX round-up: Dollar rises against yen
Wed 15 May 2013
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The dollar breezed past 102 yen on Tuesday as investors cheered an advance among US equities and fresh hopes that the US economy is in the early stages of recovery.
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USD/JPY: The bullish trend to continue, say analysts
Tue 14 May 2013
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Looking back over recent weeks, the price chart for USD/JPY exhibits a small symmetric triangle with bullish implications, according to technical analysts at Digital Look.
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