FxWirePro: EUR/GBP’s slumps likely to resume back again
Aug 25, 2015 12:51 pm UTC| Insights & Views Technicals
Technical Glance and Trade Tips: Weekly technical charts that have shown continuous down-streak have now been back again. This pair had taken a brief pause while a slight recovery took place from 19th August, bounces...
FxWirePro: EUR/GBP retreats from higher levels, good to sell on rallies
Aug 25, 2015 12:33 pm UTC| Technicals
RES 4: 0.7420 (Aug 24th high) RES 3: 0.7380 RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES 1: 0.7327 (20 day HMA) PRICE: 0.72880@ 12:11 GMT SUP 1: 0.7250 SUP 2: 0.7210 (Cloud bottom) SUP 3:...
Aug 25, 2015 12:32 pm UTC| Technicals
GBP/USD is facing strong resistance around 1.5800 and any break above confirms short term bullishness, a jump till 1.5927 cannot be ruled out . On the downside major support is around 1.5745 and break below targets...
Aug 25, 2015 12:17 pm UTC| Technicals
RES 4: 0.7420 (Aug 24th high) RES 3: 0.7380 RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES 1: 0.7327 (20 day HMA) PRICE: 0.72880@ 12:11 GMT SUP 1: 0.7250 SUP 2: 0.7210 (Cloud bottom) SUP 3:...
FxWirePro: USD/CHF is approaching resistance level at 0.9460, bias remains bearish
Aug 25, 2015 12:15 pm UTC| Technicals
USD/CHF pair is approaching has broken resistance level at 0.9420, and is approaching resistance level at 0.9460. The resistance level at 0.9460 is set to hold the bulls from advancing further, and push the pair below. The...
FxWirePro: Gold faces strong resistance around $1170, good to sell on rallies
Aug 25, 2015 12:12 pm UTC| Technicals
Gold has made a high of $1169 and retreats from that level. Overall trend is still weak as long as resistance $1170 holds. On the downside minor support is around $1150 and break below $1142/$1131. Overall trend...
FxWirePro: USD/JPY key resistance at 120.40, sell deals are recommended around 120.20
Aug 25, 2015 12:04 pm UTC| Technicals
USD/JPY is approaching to break resistance level at 120.20. The US dollar has weakened against Japanese yen, after market turmoil in global economy. The pair is set to decline towards 119.70 levels and later towards 119.20...