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Dollar Index May Decline After Passing Moving Average: Technical Analysis
The Dollar Index is headed for a two- month low after the currency gauge dropped below its 100-day moving average, Nomura Holdings Inc. said, citing trading patterns.
Read more...Euro to Advance Against Forint, Lloyds Analyst Says: Technical Analysis
The euro may advance against the Hungarian forint as the 17-nation European currency rallies based on technical levels, according to Lloyds Banking Group Plc, citing ichimoku cloud chart analysis.
Read more...Rubber May Advance to Highest Level Since September: Technical Analysis
Rubber may extend a recovery from a two-year low to the highest level since September, according to technical analysis by research company JSC Corp.
Read more...Japan Yields to Drop to 0.9% on ‘Triple Bottom’ Break: Technical Analysis
Yields on Japan’s 10-year government bonds may reach the lowest level since October 2010, should they break below support at about 0.94 percent, Barclays Capital Japan Ltd. said, citing trading patterns.
Read more...USD/CHF Forecast February 7, 2012, Technical Analysis
USD/CHF rose for a decent portion of the Monday session, only to fall back down to form a shooting star. However, the 0.91 level is the start of a massive support zone that goes down to the 0.90 level. The pair will be supported there, and as such we think that a break of the lows from Monday will only signal consolidation.
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