FxWirePro: GBP/USD above 1.52 handle, good to buy dips
Sep 07, 2015 08:04 am UTC| Technicals
Profit-taking on shorts leads GBP higher in European session, GBP/USD retakes the 1.52 handle. The pair bounced-off lows reached at 1.5172 during late Asian session and is seen posting moderate gains Sterling...
FxWirePro: EUR/USD faces strong support around 1.108, good to sell on rallies
Sep 07, 2015 07:55 am UTC| Technicals
EURUSD has made a low of 1.1090 and recovered till 1.1174. It is currently trading at 1.11360. The pairs intraday resistance is around 1.1178 and break above will take the pair to next target at 1.1235/1.1270 in...
FxWirePro: NZD/JPY bearish sentiments mounting - PRBS to hedge long term trend
Sep 07, 2015 07:38 am UTC| Technicals
The put ratio spread strategy has been showing the effects of steep slumps until 72.402 levels, having said that long term dips are most likely, this is not the repetition but the reiteration of trend, RSI on monthly...
BTC/USD faces strong resistance around $245, break above targets $271
Sep 07, 2015 07:25 am UTC| Technicals
BTC/USD has recovered till $244 after making a low of $198 and is currently trading at $240. Short term trend is bullish as long as support $230 holds. The major resistance is around $245 and break above will take the...
FxWirePro: GBP/JPY leading oscillators trace out early bearish signals – prefer PRBS hedging
Sep 07, 2015 06:50 am UTC| Technicals
On monthly chart, the formation of hanging man pattern candle on peaks of uptrend at around 193.456 levels. This hanging man followed by two long real body red candles would reveal a medium term downtrend direction.Overall...
FxWirePro: GBP/AUD faces strong support around 2.155, good to buy at dips
Sep 07, 2015 06:37 am UTC| Technicals
GBP/AUD has recovered till 2.200 after making a low of 2.1160 on Thursday and is currently trading at 2.194. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs...
FxWirePro: AUD/USD falters at 0.6948, struggling to hold intraday gains
Sep 07, 2015 06:27 am UTC| Technicals
The Australian dollar plumbed 6-1/2-year lows at $0.6892 on Monday on global growth concerns The pair recovered from fresh multi-year lows on the back of upbeat construction data and edged higher to 0.6948 on the day But...