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FxWirePro: EUR/GBP faces strong support around 0.7240, good to buy at dips

Sep 14, 2015 11:50 am UTC| Technicals

RES 4: 0.7395 ( Sep 1st high) RES 3: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES2 : 0.7322 (Cloud top) RES1 0.7280 (7 DAY 4H EMA) PRICE: 0.7345@ 11:49 GMT SUP 1 : 0.7330 (7 day 4 HMA) SUP 2:...

FxWirePro: USD/CAD takes support at 1.3226, good to buy dips

Sep 14, 2015 11:38 am UTC| Technicals

The dollar hit an almost three-week low against a basket of major currencies on Monday ahead of this weeks Federal Reserve meeting. Brent crude oil fell on Monday as weaker-than-expected Chinese data weighed on...

FxWirePro:USD/JPY struggles to close above 121, good to sell on rallies

Sep 14, 2015 11:35 am UTC| Technicals

RES 4: 122 RES 3: 121.75 (28th Aug high) RES 2:121 RES 1: 120.75 (61.8% retracement of 121.75 and 119.21) PRICE: 120.31 @11:28 GMT SUP 1 : 120.25 (7 day H EMA) SUP 2: 120 (200 DA HMA) SUP 3: 119.50...

FxWirePro: Silver faces short term resistance around $15, good to sell on rallies

Sep 14, 2015 11:17 am UTC| Technicals

Silver has broken major support $14.45 and declined till $14.28. It is currently trading at $14.41. The commodity is facing strong support around $13.99 and any break below will drag the commodity further down till...

Gold trades below major support $1115, decline till $1070 is possible

Sep 14, 2015 10:07 am UTC| Technicals

Gold has broken major support $1115 and declined till $1101. It is currently trading at $1107. Overall trend is still bullish as long as support $1120 holds. On the downside major support is around $1100 and break below...

FxWirePro: GBP/USD to perceive lesser IV among G7 pool - condor spreads for hedging

Sep 14, 2015 09:51 am UTC| Technicals

As there are no significant data releases that could propel GBP side for this week and near future GBPUSD may likely to experience low volatility. You can make out from the nutshell showing IV; GBPUSD is to have the least...

FxWirepro: Loonie faces strong support around 1.3150, good to buy at dips

Sep 14, 2015 09:24 am UTC| Technicals

USD/CAD has declined till 1.3177 and started to recover from that level. Loonie is facing strong support around 1.3175 (trend line joining 1.3115 and 1.3135) and further weakness can be seen only below that level. Any...

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