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Forex Flash: EUR/JPY probable pullback ahead – Commerzbank

FXstreet.com (Barcelona) - After bottoming in the area of 129.00, renewed buying interest in the single currency is now lifting the cross to the vicinity of 129.60/65, as markets remain submerged into a risk-off tone.

Karen Jones, Head of FICC Technical Analysis at Commerzbank, expects the cross to retrace some ground after putting in a bearish “doji”, in combination with other technical studies. “We would allow for a 128.80/127.40 retracement ahead of further topside gains. Our longer-term target is 136.71 (upside measurement from a wedge)”, concludes the expert.

Forex Flash: Wall Street braces for earnings season – Deutsche Bank

Earnings season for the US banking sector kicks off today with both JPMorgan and Wells Fargo reporting before the opening bell - setting the tone ahead of next week's results from Citigroup, Goldman Sachs, BofA and Morgan Stanley.
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Forex: AUD/USD finds support at 1.0515

The Australian dollar lost ground on Friday after staging a decent rally the previous day (despite weak domestic employment data) as cautious mood settled on the markets.
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