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FxWirePro: EUR/USD key resistance at 1.1304, sell deals are recommended around 1.1265

Aug 31, 2015 12:25 pm UTC| Technicals

The EUR/USD pair is trading slightly higher, from Fridays close, currently its approaching resistance level at 1.1229, a break at that level will take the pair towards 1.1263(Aug 31st high) pair is set to resume its...

FxWirePro: Gold faces strong support near 200 day 4HMA, good to sell on rallies

Aug 31, 2015 11:57 am UTC| Technicals

Gold has recovered till $1140 after making a low of $1117. It is currently trading at $1132. Overall trend is still weak as long as resistance $1150 holds. On the downside major support is around $1115 and break below...

FxWirePro: EUR/GBP capped just shy of 0.7300 barrier, momentum is negative

Aug 31, 2015 11:54 am UTC| Technicals

Above estimates Euro zone CPI figures failed to lift the sentiment around the common currency EUR/GBP is currently trading at 0.7267, having fully retraced last Mons 0.7246-0.7421 spike Price action was capped at 0.7298,...

FxWirePro: EUR/GBP struggles to break above 0.7360, good to sell on rallies

Aug 31, 2015 11:40 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: 0.7273@ 11:39 GMT SUP 1: 0.7279(7 day 4 HEMA) SUP 1: 0.7250 SUP 2:...

USD/JPY trade Idea

Aug 31, 2015 11:12 am UTC| Technicals

USD/JPY has made a low of 120.64 and recovered till 121.72. It is currently trading at 121.07. Overall trend is weak as long as support 120.50 holds. On the downside any break below 120.50 confirms further weakness , a...

FxWirePro: Aussie faces strong resistance around 0.7250, good to sell on rallies

Aug 31, 2015 10:50 am UTC| Technicals

RES 4: 0.7330 (200 day 4 HMA) RES 3: 0.7250 (Aug 25th high) RES 2: 0.7162 ( Tenken-Sen) RES 1: 0.7141(20 day 4 HMA) PRICE: 0.7132@10:49 GMT SUP 1: 0.7130 (7 day 4 H EMA) SUP 2: ...

FxWirePro: USD/JPY faces strong support near 120.50, good to buy at dips

Aug 31, 2015 10:26 am UTC| Technicals

RES 4: 123.45 (200 DAY 4HMA) RES 3: 122.80 (200 day 4 HEMA) RES 2 : 122.35 RES 1: 121.75 (61.8% retracement of 125.27 and 116.07) PRICE: 121.24 @10:26 GMT SUP 1: 120.50(Aug 27th low) SUP 2:119.70...

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