USD/CHF breaks major support around 0.9520, targets 0.9380
Oct 15, 2015 03:31 am UTC| Technicals
USD/CHF has broken major support 0.9515 and this confirms short term bearishness, a decline till 0.938/0.9325 is possible . On the higher side minor resistance is around 0.9525 and any break above targets...
EUR/USD breaks major resistance 1.1460, targets 1.1620
Oct 15, 2015 03:10 am UTC| Technicals
EUR/USD has broken major resistance 1.1460 and this confirms major trend reversal, a jump till 1.1560/1.1620/1.1700 is possible . Overall trend is bullish as long as support 1.1400 holds. Any break below 1.1400 will drag...
GBP/JPY breaks minor trendline resistance , targets 185.95
Oct 15, 2015 02:34 am UTC| Technicals
GBP/JPY has broken minor trend line resistance around 184.30 (trend line joining 184.85 and 184.68) which confirms short term bullishness , a jump till 185.20/185.98 cannot be ruled out . On the downside major support is...
FxWirePro: AUD/USD key resistance at 0.7381, sell deals are recommended below 0.7320
Oct 14, 2015 15:07 pm UTC| Technicals
AUD/USD rebounded strongly from 0.7200 levels to hit daily highs at 0.7292 levels. However, the pair is retreating back after hitting strong resistance at 0.7292 levels. AUD/USD pair is expected to decline further towards...
FxWirePro: EUR/USD key resistance at 1.1460, sell deals are recommended around 1.1455
Oct 14, 2015 14:07 pm UTC| Technicals
EUR /USD pair made some gains against US dollar in early US session after US PPI and retail data printed negative figures, The however, the gains were limited and the pair fell back towards 1.1410levels after hitting...
FxWirePro: USD/JPY key support at 118.05, buy deals are recommended above 118.70
Oct 14, 2015 13:24 pm UTC| Technicals
USD/JPY pair has slipped sharply to hit support level at 119.68 after US PPI and retails sales printed negative figures, currently the pair is making an attempt to break support level located at 119.21.A breach would take...
FxWirePro: USD/ZAR price action dips into cloud, good to sell rallies
Oct 14, 2015 12:38 pm UTC| Technicals
USD/ZAR erased most of Tuesdays gains and price action has dipped into cloud, furthering bearish momentum. Daily Techs point lower, Stochs show bearish crossover and RSI is biased lower, downside has further to...