FxWirePro: EUR/USD key support at 1.1220, upside prevails in the short term
Sep 02, 2015 12:08 pm UTC| Technicals
The Euro has retreated from 1.1317 levels and is consolidating above 38.2 fib levels at 1.1223, the pair is set to break resistance level at 1.1287 levels and move towards 1.1340 levels in the short term, as the euro is...
FxWirePro: USD/CAD key support at 1.3206, buy deals are recommended above 1.3220
Sep 02, 2015 12:06 pm UTC| Technicals
USD/CAD after a brief surge in todays European session, USD/CAD has retreated back below 38.2 fib support level. The pair is set to consolidate above 1.3200 levels and reach higher levels in the short term. Therefore, its...
FxWirePro: Broad based USD strength and lower oil prices pushing USD/CAD higher
Sep 02, 2015 11:59 am UTC| Technicals
Oil prices fell on Wednesday as concerns about the global economy exacerbated worries that an oversupply of crude could last longer than expected. USD stronger across the board ahead of key US ADP employment report,...
FxWirePro: Gold faces strong support near 200 day 4HMA, good to buy at dips
Sep 02, 2015 11:42 am UTC| Technicals
Gold has recovered till $1147 after making a low of $1117. It is currently trading at $1139. Overall trend is still bullish as long as support $1115 holds. On the downside major support is around $1115 and break...
FxWirePro: GBP/AUD faces strong trend line support at 2.1390, good to buy at dips
Sep 02, 2015 11:34 am UTC| Technicals
GBP/AUD has recovered till 2.190 after making a low of 2.1390 and is currently trading at 2.178. The pairs minor resistance is around 2.190 and any break above would extend gains till 2.2200/2.2370. The pairs minor...
FxWirePro: EUR/GBP struggles to break above 0.7420, good to buy at dips
Sep 02, 2015 11:20 am UTC| Technicals
RES 4 : 0.7480 RES 3: 0.7420 (Aug 24th high) RES 2: 0.7380 RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7372 @ 11:15 GMT SUP 1: 0.7320 (20 day 4 HEMA) SUP 2: 0.7280 (55 4 H EMA) SUP...
Sep 02, 2015 10:35 am UTC| Technicals
Harmonic pattern- Bullish Gartley pattern Potential reversal Zone (PRZ)- 1.1210 EURUSD has formed bullish gartley pattern in hourly chart and it is good to buy at dips . On the higher side pairs major...