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FxWirePro: USD/JPY approaching support level at 119.38, buy deal are recommended around 119.50

Sep 08, 2015 14:38 pm UTC| Technicals

USD/JPY is approaching to test resistance level at 119.50. The support level at 119.50 is likely to act as strong barrier for the bears to breaks, and bring a rebound towards 120.20 and later 120.60 levels pair is set to...

FxWirePro: EUR/USD key support at 1.1140, buy deals are recommended around 1.1140

Sep 08, 2015 14:04 pm UTC| Technicals

EUR /USD pair made some gains against US dollar in todays European session after buyers stepped in. However, the gains were limited and the pair fell back towards 1.1150 levels after hitting minor resistance at 1.1227....

FxWirePro: Gold faces strong support near $1115, good to buy at dips

Sep 08, 2015 12:14 pm UTC| Technicals

Gold has declined till $1116 after making a low of $1147. It is currently trading at $1122. Overall trend is still bullish as long as support $1115 holds. On the downside major support is around $1115 and break below...

FxWirePro: USD/CAD key support at 1.3206, buy deals are recommended above 1.3210

Sep 08, 2015 12:05 pm UTC| Technicals

USD/CAD has slipped back towards 1.3234 levels, after failing to hold above 1.3300 levels, after a brief bullish surge towards 1.3308 yesterday. The pair may extend its weakness up to 1.3200 (61.8% Fib retracement level)...

EUR/GBP faces strong support around 0.7240, break below targets 0.7160

Sep 08, 2015 11:51 am UTC| Technicals

RES 4: 0.7395 ( Sep 1st high) RES 3: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES2 : 0.7320 (20 DAY 4 HMA) RES1 0.7292 (7 DAY 4H EMA) PRICE: 0.7250 @ 11.48 GMT SUP 1: 0.7240 (Aug 30th Low) ...

EURGBP cross tests important support at £0.7250

Sep 08, 2015 11:45 am UTC| Technicals

The EUR/GBP cross was falling on Tuesday and bulls failed to hold the price above the 0.73 mark, which led to a sharp fall, although it has slightly stabilized since then. Earlier in the session, Eurostat advised...

FxWirePro: GBP/USD rally capped at 1.5404, focus on BoE's MPC meet (Thursday)

Sep 08, 2015 11:35 am UTC| Technicals

Sterling rose for a second day against the dollar on Tuesday, extending Mondays gains on MA news Mitsui Sumitomo Insurance said it had agreed to buy British insurer Amlin Plc in a cash deal that values the latter at about...

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