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FxWirePro: More dependency on China is making ruble weaker – USD/RUB BCS for swing traders

Sep 07, 2015 13:04 pm UTC| Technicals

USDRUB resumed its uptrend back again and has been continuing non-stop streak of rallies upto 69.7622 (todays highs), we project the USD to consolidate in the week ahead without significant economic events scheduled. With...

FxWirePro: EUR/USD key resistance 1.1176, sell deals are recommended around 1.1160

Sep 07, 2015 12:35 pm UTC| Technicals

EUR /USD pair rallied in the late Asian market, but has turned back after failing to break 50% fib retracement level at 1.1176. Currently the pair is attempting to break 1.1140 support level. The overall outlook of this...

FxWirePro: EUR/USD key resistance at 1.1176, sell deals are recommended around 1.1160

Sep 07, 2015 12:31 pm UTC| Technicals

EUR /USD pair rallied in the late Asian market, but has turned back after failing to break 50% fib retracement level at 1. the pair is attempting to break 1.1138 support level. The overall outlook of this pair looks...

GBP/JPY Trade Idea

Sep 07, 2015 12:10 pm UTC| Technicals

GBP/JPY has taken support near trend line 180 (trend line joining 167 and 174.86) and slightly recovered from that level. The pairs further weakness can be seen only below 179.90 Any break below 179.90 will drag...

FxWirePro: GBP/USD key resistance level at 1.5301, bearish in the short term

Sep 07, 2015 12:08 pm UTC| Technicals

GBP/USD has rebounded strongly in the European session after hitting strong support at 1.5170 area. The cable is currently trading below 1.5261 (50% fib level), with overbought condition and a recovery could be extended...

FxWirePro: Buy USD/JPY at dips around 119.15-20 with SL around 118.40 for the TP of 120.20/120.75

Sep 07, 2015 12:05 pm UTC| Technicals

USD/JPY has made a low of 118.60 on Friday and slightly recovered till 119.58 in today morning. Overall trend isbullishas long as support 118.40 holds. On the higher side minor resistance is around 119.60 and any break...

FxWirePro: GBP/USD key resistance level at 1.5301, bearish in the short term

Sep 07, 2015 12:05 pm UTC| Technicals

GBP/USD recovered some ground today in mid European session after hitting strong support at 1.5209 levels. The cable is currently trading with oversold condition and a recovery towards higher levels can be expected. The...

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