FxWirePro: USD/CAD key resistance at 1.2940, sell deals are recommended below 1.2940
Oct 15, 2015 12:28 pm UTC| Technicals
USD/CAD has hit resistance at 1.2871 levels, and is rebounded to trade at 1.2894 levels. Canadian dollar has gathered some momentum after Producer Price Index (PPI) and Retail sales was released from US market yesterday,...
FxWirePro: NZD/USD rejected just shy of 0.69 barrier, US data in focus
Oct 15, 2015 12:18 pm UTC| Technicals
Commodity-currencies higher across the board, NZD/USD spikes to hit fresh 4-month highs Earlier today, the pair found renewed support after ANZ Consumer Confidence Index rose 3.7% in Oct to 114.9 points from 110.8 in...
FxWirePro: EUR/GBP faces strong resistance around 0.7500, good to sell on rallies
Oct 15, 2015 12:13 pm UTC| Technicals
RES 4:0.7520 RES 3: 0.7480 (May 5th 2015) RES 2: 0.7450 (Oct 2nd 2015) RES 1: 0.7425 (20 day 4 HMA) PRICE: 0.7382 @ 12:04 GMT SUP 1: 0.7388 ( cloud top) SUP 2: 0.7340 (200 day 4...
FxWirePro: USD/RUB underperforms on corporate tax payments, good to sell rallies
Oct 15, 2015 11:38 am UTC| Technicals
Russias rouble traded stronger early on Thursday, helped by healthy appetite for emerging-market assets globally and the start of the countrys end-of-month tax period Global markets were boosted after weak U.S. economic...
FxWirePro: Silver breaks major resistance around $16.10, good to buy at dips
Oct 15, 2015 11:17 am UTC| Technicals
Silver has broken major resistance $16.10 and jumped till $16.17. It is currently trading at $16.10. Any break above $16.20 will take the pair to next target $16.54/$16.93/$17.20. On the downside minor support is around...
USD/JPY breaks major support 118.60, taregets 117.40
Oct 15, 2015 10:37 am UTC| Technicals
RES 4:121.30 ( SEP 10TH HIGH) RES 3: 120.56 (Oct 6th 2015) RES 2: 120.00 (200 day HMA) RES 1: 119.65 (7 day H EMA) PRICE: 118.34 @10:36 GMT SUP 1: 118.50 (Sep 4th 2015) SUP2 : 118 SUP3 : 117.40...
Oct 15, 2015 10:20 am UTC| Technicals
GBP/USD is facing trend line resistance around 1.5500 (trend line joining 1.5818 and 1.5658) and nay break above confirms major trend reversal, a jump till 1.5580/1.5600/1.5650 is possible. On the downside minor support...