AUD/USD faces minor resistance around 0.7020, break above targets 0.7075/0.7100
Sep 25, 2015 05:50 am UTC| Technicals
Aussie has recovered after making a low of 0.6938 and is currently trading at 0.7010. It is facing minor resistance at 0.7020 (trend line joining 0.7153 and 0.70425). Any break above 0.7020 will take the pair to next...
FxWirePro: EUR/USD remains pressured below 1.20 handle on hawkish Yellen comments
Sep 25, 2015 05:02 am UTC| Technicals
Janet Yellens hawkish 2015 rate hike speech overnight buoyed USD bulls, EUR/USD slumped from session highs around 1.1295 to 1.1159 levels. The pair is still languishing below the 1.20 handle, unable to recover...
EUR/USD faces trendline support at 1.1155, below targets 1.1080
Sep 25, 2015 03:49 am UTC| Technicals
EUR/USD has made a high of 1.12958 and retreated till 1.11597 from that level. It is currently trading around 1.11710. Overall trend is weak as long as resistance 1.1295 holds. On the downside major support is...
GBP/JPY forms bullish cypher pattern, good to buy at dips
Sep 25, 2015 03:40 am UTC| Technicals
Harmonic Pattern formed- Bullish Cypher pattern Potential Reversal Zone (PRZ) -181.50. GBP/JPY has made a low of 181.61 and slightly recovered from that level. It is currently trading at 182.96. On the lower...
FxWirePro: EUR/JPY key resistance at 134.81,sell deals are recommended below 135.00
Sep 24, 2015 16:09 pm UTC| Technicals
EUR/JPY rebounded strongly to test 134.80 resistance level in the early US session, after the pair found renewed buying interest ahead of FOMC meeting.However ,the pair failed to break resistance level at 134.80 and is...
FxWirePro: USD/JPY key support at 119.05, buy deals are recommended around 119.00
Sep 24, 2015 14:44 pm UTC| Technicals
USD/JPY has slipped sharply to hit hitting session low at 119.25 and is approaching to test resistance level located at 119.54. The support level at 119.05 is likely to act as strong barrier to the bears and bring a...
FxWirePro: USD/CHF key support at 0.9675, bullish in the short term
Sep 24, 2015 14:14 pm UTC| Technicals
>The USD/CHF pair has slipped sharply to test strong support level at 0.9685, after finding renewed selling interest ahead of FOMC meeting. However, the pair is set to consolidate around 0.9685 levels, as the pair remains...