FxWirePro: USD/CHF key support at 0.9815, upside prevails in the short term
Oct 29, 2015 14:10 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9725 levels, after failing to advance further above yesterdays high at 0.9954. The pair currently is approaching to support level at 0.9880, the pair is expected to rebound around...
FxWirePro: USD/CAD key support at 1.3148, buy deals are recommended above 1.3150
Oct 29, 2015 13:28 pm UTC| Technicals
USD/CAD has declined to trade around 1.3190 levels, after failing to consolidate above 1.3220 levels, after a brief bullish surge on hawkish FOMC meeting yesterday. The pair may extend its weakness up to 1.3150 levels and...
Oct 29, 2015 13:18 pm UTC| Insights & Views Technicals
Although the daily chart suggests some bullish momentum that would result in some price recoveries but we maintain our target at 2.1185 and even up to 2.0343 levels towards south for intermediate trend. We spotted out...
FxWirePro: GBP/USD key resistance level at 1.5305, bearish in the short term
Oct 29, 2015 12:59 pm UTC| Technicals
GBP/USD recovered some ground today in the early European session after shedding more than 100pips on hawkish FOMC meeting yesterday. The cable is currently trading with oversold condition and a short squeeze towards...
FxWirePro: EUR/USD faces strong resistance around 1.1027, good to sell on rallies
Oct 29, 2015 12:53 pm UTC| Technicals
EUR/USD has recovered after making a low of 1.0896 yesterday. Overall trend is still weak as long as resistance 1.1020 holds. Any break above 1.1027 will take the pair till 1.1050/1.1070 level. On the lower side...
FxWirePro: GBP/AUD forms Bearish Gartley pattern, good to sell on rallies
Oct 29, 2015 12:46 pm UTC| Technicals
Harmonic Pattern Formed- Bearish Gartley pattern Potential Reversal Zone (PRZ) - 2.2000 GBP/AUD has made a high of 2.1550 and retreated from that level. Overall trend is still weak as long as resistance 2.200...
FxWirePro: USD/JPY faces strong resistance around 121.50, good to sell on rallies
Oct 29, 2015 12:31 pm UTC| Technicals
RES 4: 123.10 RES 3: 122 RES 2: 121.75 (28th Aug 2015) RES 1:121.30 ( SEP 10TH HIGH) PRICE: 120.94@12:22 GMT SUP1 :120.60 (20 day 4HMA) SUP 2 120.16 (38.2 % retracement of 118.05 and 121.50) SUP 2 :...