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Tuesday, 09 December 2014
Daily Technical Analysis

GBP/USD Daily Forecast - 10 December

Despite much weaker than expected UK Industrial and Manufacturing Production figures, Sterling found area around 1.5630 level to be supportive at the moment, just as we have suspected, in order to rebound and finish the session above 1.5670 level. We expect less volatile session tomorrow, with only Trade Balance figures being released from the UK.

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Tuesday, 09 December 2014
Daily Technical Analysis

AUD/USD Daily Forecast - 10 December

Aussie went back and forth in the course of the session on Tuesday. It was initially pulled back by decline in NAB Business Confidence figures, but managed to rebound, finding area around 0.8220 level to be supportive, in order to break above 0.83 handle once again and finish the session there.

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Monday, 08 December 2014
Daily Technical Analysis

EUR/USD Daily Forecast - 09 December

After it initially fell all the way to 1.2250 level, euro managed to rebound in the course of the session yesterday and finish it few points above 1.2320 area. There were no major data releases both from Eurozone and USA, and we can expect similar scenario tomorrow.

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Monday, 08 December 2014
Daily Technical Analysis

GBP/USD Daily Forecast - 09 December

Though there were no data releases both from UK and USA yesterday, there was quite a lot of volatility at the markets. Pair initially aimed lower, going all the way to 1.5550 area, but it found support there and managed to rebound finishing the session around 1.5670 level. Main market mover tomorrow will be UK Manufacturing Production figures.

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