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Technical Analysis Daily Majors & Minors
GBP/USD – consolidates near its year low, having been trading lower in range this Thursday, but pretty uneventfully with no data released in the UK. Having extended its decline to 1.5752, the pair hovers in a quite strong midterm support area in between 1.5750 and 1.5780, which once broken, should favor a midterm continued slide towards the 1.5500 price zone. But how will this play out today?
AUD/USD - hit a daily low of 0.8649 on Friday, before turning 0.48% higher to subsequently consolidate at 0.8759 by close of trade, the highest since October 31. The pair rose 1.43% on the week. But how will it fair with in this weeks session?
USD/CAD's - consolidation from 1.1466 extended last week and outlook is unchanged. Initial bias stays neutral first. But will we see a rise or fall in todays session?
Quick Daily update
Shares in Richard Branson's Virgin America airline surge more than 30% in their first day of trading on the Nasdaq stock exchange in New York.
The G20 summit closes with pledges from leaders to boost the global economy, after
Russian leader Vladimir Putin leaves the summit early.
David Cameron pledges to put "rocket boosters" behind plans for an EU-US free trade deal, following a meeting with fellow leaders at the G20 summit.
Daily News To Watch
Monday, 17th November 2014 Previous Forecast Actual