FxWirePro: EUR/USD faces strong resistance around 1.0640, good to sell on rallies
Dec 02, 2015 05:50 am UTC| Technicals
Major intraday resistance- 1.0640 (trend line joining 1.08290 and 1.07630). Any break above 1.0640 will take the pair to next level 1.0690/1.0720. On the downside major support is around 1.0550 and any break...
Dec 02, 2015 03:44 am UTC| Technicals
The outcome of Australias GDP was marginally higher, but a little below trend, the reaction in the Aussie was quite muted, the result was likely priced in. The U.S. dollar also nursed broad losses early on Wednesday,...
FxWirePro: ASX200 faces minor resistance around 5270, good to buy at dips
Dec 02, 2015 03:20 am UTC| Technicals
Major resistance -5270 (trend line joining 5409 and 5296) ASX has made high of 5283 and declined till 5232 (50 day 4 HMA) and started to recover from that level.The index is consolidating around 5270 and is trading...
FxWirePro: USD/CHF key support at 1.0245, bullish in the short term
Dec 01, 2015 15:32 pm UTC| Technicals
The USD/CHF pair rallied from 1.0255 to hit high at 1.0294 levels in the early European session. However, after negative ISM Manufacturing PMI, the pair has turned back towards 1.0242 support level. The pair continues to...
FxWirePro: EUR/USD key resistance at 1.0688, downside prevails in the short term
Dec 01, 2015 15:07 pm UTC| Technicals
The pair found some bullish movement, after bunch of economic data released from Eurozone printed positive figures. In the US session the pair inched higher further towards 1.0627 levels after ISM manufacturing PMI printed...
FxWirePro: GBP/USD key resistance at 1.5191, bearish in the short term
Dec 01, 2015 14:13 pm UTC| Technicals
GBP/USD edged higher in the earlier session to hit high at 1.5122 levels. However, the pair has lost some ground after UK Manufacturing PMI printed negative figures to trade around 1.5070 levels. Currently the price...
FxWirePro: Swiss records lackluster economic prints, USD/CHF uptrend remains intact
Dec 01, 2015 13:19 pm UTC| Technicals
Swiss GDP q/q disappoints by missing forecasts. A dip from previous 0.2% to 0.0% has missed the projections at 0.2%. While a negative retail sales at -0.8% were way below from previous flashes at 0.2% and projections at...