FxWirePro: EUR/USD key resistance at 1.1213, sell deals are recommended around 1.1200
Sep 04, 2015 12:24 pm UTC| Technicals
EUR /USD slipped towards 1.1085 levels, after dovish ECB meeting yesterday, since then The EUR/USD pair has recovered to trade around 1.1139 levels and is attempting to break resistance level at 1.1147 and move to higher...
Sep 04, 2015 12:23 pm UTC| Technicals
EUR/USD has decline till 1.1086 after making a high of 1.13310 (Sep 1st high). It has taken support around 200 day 4 HMA and a jump till 1.1180/1.1208 is possible . Intraday weakness only below 1.1100 and break below will...
FxWirePro: GBP/USD key resistance level at 1.5261, bearish in the short term
Sep 04, 2015 12:06 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...
FxWirePro: USD/ZAR edges lower from day's high at 13.7367, momentum remains positive
Sep 04, 2015 11:44 am UTC| Technicals
South Africas rand plunged to 11-day lows against the dollar on Friday, and is likely to remain under pressure ahead of NFP data Rand under pressure from weak domestic growth and a general lack of appetite for risky...
Silver faces strong support at $14.65, break below targets $14
Sep 04, 2015 11:07 am UTC| Technicals
Silver is trading narrow channel for past three trading session. It is facing strong support around $14.65 and any break below will drag the commodity further down till $14.45/$14 in short term. Short term trend...
FxWirePro: Yen looks to gain over further risk aversion, might reach 114.5 area
Sep 04, 2015 10:17 am UTC| Technicals
Recent price action on worlds equity markets, and bids on Yen indicating that Bears are still hovering. Concerns over further slowdown in China hasnt totally ebbed and it is going to be the hottest topic in this weeks G20...
FxWirePro: USD/JPY recovers after making a low of 118.84, good to sell on rallies
Sep 04, 2015 09:58 am UTC| Technicals
RES 4: 120.75 (61.8% retracement of 121.75 and 119.21) RES 3: 120.25 (200 DAY HMA) RES 2: 119.80 (20 day HMA) RES 1 : 119.31 (7 day 4 HEMA) PRICE: 119.06 @09:58 GMT SUP 1 :118.40 (25th Aug low) SUP 2:...