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FxWirePro: USD/JPY key resistance at 120.28, sell deal are recommended below 120.25

Sep 14, 2015 14:40 pm UTC| Technicals

USD/JPY is approaching support level at 119.97, currently the pair is trading at 120.08 and it is set to decline further towards 119.80 and later 119.50 levels, as Japanese Yen is set to gain against US dollar which is...

FxWirePro: USD/CAD finds support at 1.3232, buy deals are recommended above 1.3235

Sep 14, 2015 14:03 pm UTC| Technicals

USD/CAD has slipped back towards 1.3245 levels after failing to hold above 1.3266 levels, after quick surge in mid European session. The pair may extend its weakness up to 1.3234 and consolidate well above this this area,...

FxWirePro: USD/TRY call spreads and CBT rate hike - a run through

Sep 14, 2015 12:59 pm UTC| Technicals

Central Bank of Turkey will likely tolerate a weaker FX market pricing for rate hikes is aggressive, in our view, given the indications of weak economic growth and the rising vulnerability of the CBT to political...

FxWirePro: GBP/USD key support at 1.5370, bullish in the short term

Sep 14, 2015 12:55 pm UTC| Technicals

The cable has lost some ground, from Fridays high at 1.5443 and is moving downwards to test interim support level at 1.5400. The cable is currently trading around 1.5408 levels with overbought condition and a fall towards...

FxWirePro: EUR/GBP supported above hourly Kijun at 0.7326 , good to buy dips

Sep 14, 2015 12:50 pm UTC| Technicals

The bid tone on the EUR weakened again in the European session on Monday, pushing the EUR/GBP pair lower towards the 200-DMA located at 0.7323. The pair has pared some losses and has edged higher to hit session highs...

FxWirePro: EUR/USD finds key support at 1.1285, buy around 1.1290

Sep 14, 2015 12:08 pm UTC| Technicals

EUR /USD has made short squeeze against US dollar by hitting high at 1.1371 during late Asian hours, after buyers stepped in for a short period of time. However, the gains were limited and the pair fell back towards 1.1315...

USD/JPY trade Idea

Sep 14, 2015 11:59 am UTC| Technicals

USD/JPY has broken minor trend line support around 120.50 (trend line joining 119.96 and 120.35) and a short decline till 119.95 is possible. On the higher side intraday resistance is around 120.75 and break above...

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