FxWirePro: Strong support for AUD/USD at 0.7075, good to buy dips
Nov 17, 2015 04:13 am UTC| Technicals
AUD/USD closed Mondays trade above channel support at 0.7085. The pair trades a narrow range on the day between 0.7108 and 0.7083, but holds above major support at 0.7075. Breaks below could see weakness,...
GBP/JPY faces strong resistance 187.70, sell on rallies
Nov 17, 2015 04:10 am UTC| Technicals
Potential Reversal Zone (PRZ) -187.70 GBP/JPY has made a high of 187.48 at the time writing and slightly declined from that level. Further bullishness can be seen only above 187.70 and break above targets...
USD/CHF - Watch Out for 1.0125 for further bullishness
Nov 17, 2015 03:25 am UTC| Technicals
Potential Reversal Zone (PRZ)- 1.0125 USDC/CHF has closed above 1.0760 (127% retracement of 0.9902 and 0.9259) and this confirms minor bullishness , a jump till 1.01250 is possible . The further bullishness can...
FxWirePro: USD/CHF key support at 1.0042, upside prevails in the short term
Nov 16, 2015 15:00 pm UTC| Technicals
The USD/CHF has inched towards 1.0070 levels, after failing to break below 1.0042 support levels. The pair has been trading in a sideways movement off late, a strong rebound is expected to take place sooner or later around...
FxWirePro: GBP/USD key support at 1.5150, bullish in the short term
Nov 16, 2015 14:27 pm UTC| Technicals
The Sterling declined against US dollar from 1.5226 levels in the early Asian session, reaching daily lows around 1.5184 levels. An attempt was made by bears to breach 1.5180 supports level in the late European session,...
FxWirePro: EUR/USD key resistance at 1.0852, bearish in the short term
Nov 16, 2015 14:00 pm UTC| Technicals
The EUR/USD pair opened today with gap and started to decline in the Asian session, as the euro was broadly sold across the board in the aftermath Paris atrocities. As a result the major European currencies also have...
FxWirePro: GBP/USD faces strong resistance around 1.5260, good to sell on rallies
Nov 16, 2015 12:44 pm UTC| Technicals
Cable is consolidating between narrow range between 1.5265 and 1.51740. It is currently trading at 1.5200. Short term trend is bullish as long as support 1.5170 holds. Any break below 1.5170 will drag the pair further...
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