NZD/USD intraday technical levels and trading recommendations for December 30, 2016

On November 8, significant signs of a bearish reversal were expressed around the upper limit of the depicted consolidation range (0.7350).The bearish breakdown of 0.7250 (the lower limit of the depicted range) enhanced the bearish side of the market to…

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USD/CAD intraday technical levels and trading recommendations for December 30, 2016

On August 18 signs of bullish recovery were manifested around the price level of 1.2830 which led to the current bullish breakout above 1.3000.The USD/CAD pair was trapped between the price levels of 1.3000 (61.8% Fibonacci level) and 1.3360 (50% Fibon…

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Intraday technical levels and trading recommendations for GBP/USD for December 30, 2016

The price zone between 1.3845 and 1.3550 (historical bottoms set in January 2009) was considered a significant demand zone to be watched for bullish recovery.However, by the end of June a significant bearish break below 1.3550 was expressed as seen on …

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Intraday technical levels and trading recommendations for EUR/USD for December 30, 2016

In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 where historical bottoms were previously set in July 2012 and June 2010. Hence, a long-term bearish target was projected toward 0.9450.In March 2015, EUR/USD bears challe…

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