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FxWirePro: USD/CHF key support at 0.9857, bullish in the short term

Nov 05, 2015 13:40 pm UTC| Technicals

The USD/CHF has slipped back towards 0.9750 levels, after failing to break above 0.9978 resistence level. The pair has been trading in bullish trend off late and is set to continue advancing further, as long as the pair...

FxWirePro: EUR/USD key resistance level at 1.0981, bearish in the short term

Nov 05, 2015 13:26 pm UTC| Technicals

The pair found renewed bearish momentum after breaking support at 1.0925 and is declining downwards to test next support level at 1.0875. The pair is trading around 1.0899 levels and it is expected decline further...

GBP/JPY Trade Idea

Nov 05, 2015 12:40 pm UTC| Technicals

GBP/JPY breaks major trend line resistance 187.56 and a slight jump till 188.25/188.50 is possible. On the downside minor weakness only below 186.70 and break below targets 186.40/185.70. Overall bullish...

Cable breaks major support 1.5350 after BOE Inflation report, targets 1.5200

Nov 05, 2015 12:35 pm UTC| Technicals

Cable has broken major support 1.5360 after release of BOE Inflation report. BOE inflation report says CPI inflation expected to remain below 1% until second half of 2016. The dampening effect of sterling rise to...

Cable breaks major support 1.5350 after BOE Inflation report, targets 1.5200

Nov 05, 2015 12:33 pm UTC| Technicals

Cable has broken major support 1.5360 after release of BOE Inflation report. BOE inflation report says CPI inflation expected to remain below 1% until second half of 2016. The dampening effect of sterling rise to...

FxWirePro: EUR/GBP recovers after making a low of 0.7040, good to sell on rallies

Nov 05, 2015 12:04 pm UTC| Technicals

RES 4: 0.7200 RES 3: 0.7153 (200 day HMA) RES 2: 0.7119 (Cloud bottom) RES 1 :0.7088 (55 day 4H EMA) PRICE: 0.7096@ 12:04 MT Sup 1: 0.7050 (78.6% retracement of 0.6938 and 0.7490) SUP 2:...

GBP/JPY breaks resistance 187.55, targets 188.25/189

Nov 05, 2015 11:27 am UTC| Technicals

GBP/JPY breaks major trend line resistance 187.56 and a slight jump till 188.25/188.50 is possible . On the downside minor weakness only below 186.70 and break below targets 186.40/185.70. It is good to buy at dips...

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