| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: NZD/USD sustains gains as uptrend remains strong

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm

FxWirePro- Major Pair levels and bias summary

U.S. Jobless Claims Hit 3-Year Low, Strengthening Case for Fed Rate Cut

AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104

FxWirePro: USD/CAD downside pressure builds, key support level in focus

EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds

CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse

NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70

FxWirePro: GBP/NZD edges higher but bearish outlook persists

FxWirePro: USD/ CNY gains some upside momentum but still bearish

FxWirePro- Major Crypto levels and bias summary

GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206

FxWirePro- Major US Indices

FxWirePro- Woodies Pivot(Major)

FxWirePro- Major European Indices

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/GBP struggles to break above 0.7360, good to sell on rallies

Monday, August 31, 2015 11:40 AM UTC

RES 4 : 0.7480
RES 3: 0.7420 (Aug 24^th high)
RES 2: 0.7380
RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250)

PRICE: 0.7273@ 11:39 GMT

SUP 1: 0.7279(7 day 4 HEMA)
SUP 1: 0.7250
SUP 2: 0.7223 (55 day 4 HEMA)
SUP 3: 0.7190 (200 day HMA)

EUR/GBP is facing strong resistance around 0.7360 and any break above confirms short term bullishness, a jump till 0.7420 is possible

Overall trend is weak as long as resistance 0.7420 holds.

On the higher side minor resistance is around 0.7360 and any break above would extend gains till 0.7390/0.7420.

It is good to sell on rallies around 0.7300-10 with SL around 0.7360 for the TP of 0.7105

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

FxWirePro: USD/ZAR outlook weaker on renewed downside pressure

FxWirePro- Major Pair levels and bias summary

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro: USD/CAD downside pressure builds, key support level in focus

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: EUR/GBP struggles to break above 0.7360, good to sell on rallies

Editor's Picks

Welcome to EconoTimes