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Forex: Asian Session Recap & Ranges

Posted by Akhilesh Ganti on Feb 24, 2014 10:41:00 PM

Quiet start to the trading day with the majors confined to tight ranges. The rally in the US equity market yesterday seems to have rekindled risk appetite a bit as both Nikkei225 and AUS200 opened on a buoyant note. Gold continues its steady march higher as the unrest in Ukraine and volatility in the Chinese Yuan appears to be giving it a bit of a safe haven bid. 

Ranges:{WWM's New ALPHA Trader-DAILY charts [EUR,GBP,AUD,YEN,GOLD,OIL,WallStreet]}(click to enlarge)
022514

 

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