International Business Times
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Saturday, April 21, 2012 | Last Update: 19:03 GMT

By LiveTradingNews | Apr 20, 2012

Asia Trading Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF

The MSCI Asia Pacific Index declined 0.5 percent to 124.10 as of 1:28 p.m. in Tokyo, with more than twice as many stocks falling as rising in the gauge. The index is headed for a 0.8 percent decline this week.

  • 19:59 GMT FXWire Pro

    ECB'S DRAGHI - FIREWALL IS A VERY USEFUL TOOL TO ADDRESS EXCESSIVE VOLATILITY OF ASSET MARKETS

  • 19:44 GMT FXWire Pro

    EU'S REHN - WITH FIREWALL IN PLACE WE MUST FOCUS ON TACKLING FISCAL CONSOLIDATION AND STRUCTURAL REFORMS

  • 19:43 GMT FXWire Pro

    EU'S REHN - EURO ZONE BAILOUT FUNDING CAN BE USED FOR BANK RECAPITALISATION VIA GOVERNMENT, THERE IS NO PLAN TO CHANGE THAT

  • 19:38 GMT FXWire Pro

    ECB'S DRAGHI, ASKED WHETHER WILL FOLLOW IMF ADVICE, SAYS HAVE NOT DISCUSSED CUTTING RATES OR EXPANDING OTHER MEASURES

  • 19:37 GMT FXWire Pro

    ECB'S DRAGHI - INFLATION EXPECTATIONS ARE SOLIDLY ANCHORED

Forexperts
Fan Yang

By Fan Yang

EUR/USD Pushes Above 1.32; 1.33 is Triangle Resistance

The EUR/USD is wrapping up the week with a push above not only this week's high, but the previous week's high near 1.3210. Now, the 1.33 area will be the next key resistance.

Jamie Saettele

By Jamie Saettele

Euro Patterns Uniformly Bearish

EURUSD - The EURUSD is nearing the 13212/50 resistance zone. If it overshoots, then 13300 might even be a possibility. I do like fading strength above 13212 with a stop at 13385.

Mohammed Isah

By Mohammed Isah

GBPUSD: Strengthens, Bullish Momentum Extends

With the pair continuing to hold on to its bullish tone and trading above its key resistance at the 1.6059 level, there is risk of further strength in the days ahead.

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