FxWirePro: USD/CHF key support at 0.9754, upside prevails in the short term
Sep 25, 2015 12:49 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9790 levels, after failing to break above 0.9840 resistance levels. The pair has been trading in a narrow range off late, and a strong rebound is expected to take place sooner or...
FxWirePro: USD/CAD key support at 1.3302, bullish extension till 1.3450 likely
Sep 25, 2015 12:13 pm UTC| Technicals
USD/CAD has declined sharply to trade around 1.3312 levels, after hitting highest level since 2004 at 1.3418 levels yesterday. However, the pair is expected to rebound once again to reclaim 1.3400 levels and reach further...
FxWirePro: EUR/GBP faces minor support around 0.7300, good to buy at dips
Sep 25, 2015 12:08 pm UTC| Technicals
RES 4: 0.7480 (May 5th 2015) RES 3: 0.7420 RES 2: 0.7395 ( Sep 1st high) RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7361 @ 12:07 GMT SUP 1: 0.7240 (Aug 30th Low) SUP 2: 0.7220(...
FxWirePro: EUR/USD key resistance at 1.1190, bearish in the short term
Sep 25, 2015 12:06 pm UTC| Technicals
EUR /USD after hitting daily lows at 1.1115, has recovered to trade around 1.1159 levels. However, the gains should be limited as the pair faces strong resistance at 1.1190 and it is expected to flatter further towards...
Sep 25, 2015 12:02 pm UTC| Technicals
Cable is trading between 1.5288 and 1.5200 for the past two trading session. Intraday trend is weak as long as resistance 1.5260 holds. The pairs major support is around 1.5200 and any intraday weakness can be seen...
FxWirePro: USD/CAD trades a tight range ahead of NY session, focus on U.S. GDP data
Sep 25, 2015 11:44 am UTC| Technicals
USD/CAD trades a tight range ahead of NY session, with highs on the day at 1.3355 and lows at 1.3300. Oil prices pare gains on stronger dollar and weak Japan data, Brent futures were at $48.33 per barrel at 0940 GMT,...
Sep 25, 2015 11:40 am UTC| Technicals
The underlying fact for ongoing drops of crude oil prices being supply glut, oil prices are broadly unchanged from last week as market participants awaited three key decisions from different branches of the US government...