FxWirePro: EUR/USD sliding ahead of European open, USD bulls fight back for control
Aug 25, 2015 05:26 am UTC| Technicals
Greenback was hammered to seven month lows versus the euro on Monday, crashed over 300 pips EUR/USD spiked from 1.1400 levels on to as much as 1.1700 on Monday, witnessing a 300 pips move unwinding in the EUR/USD pair In...
USD/JPY breaks major resistance 120, targets 121.60
Aug 25, 2015 02:21 am UTC| Technicals
USD/JPY has recovered after making a low of 116.07. It has taken support near 115.85 (Jan 16th 2015) and any further weakness only below 115.85. The pair is currently trading at 119.89 with a high of 120.07 and low...
FxWirePro: AUD/USD key resistance at 0.7235, sell deals are recommended below 0.7230
Aug 24, 2015 15:41 pm UTC| Technicals
AUD/USD slumped to new lows in the early US session and rebounded back strongly after hitting lows at 0.7034 due to high volatility in the market due to ongoing financial turmoil in China. The bulls failed to break...
FxWirePro: USD/CAD key support at 1.3184, upside prevails in the short term
Aug 24, 2015 14:21 pm UTC| Technicals
USD/CAD has retreated after hitting minor resistance level at 1.3288 and is approaching to support level at 1.3184. The 1.3184 levels are set to hold the bears and push the bears upwards, as this level has turned into...
FxWirePro: EUR/USD key resistance at 1.1571, upside prevails in the short term
Aug 24, 2015 12:40 pm UTC| Technicals
The Euro has continued to inching higher against US dollar as investors have choosed euro as safe bet over dollar, due to growing skeptism about Chinese economy and global risk sentiment. The pair has skyrocketed to trade...
FxWirePro: USD/JPY approaching support level at 119.67, sell deals are recommended around 120.00
Aug 24, 2015 12:10 pm UTC| Technicals
USD/JPY under strong bearish pressure as dollar is broadly sold off across board and Japanese yen has turned into safe heaven once again, as negative Chinese economic data, global risk sentiment, falling commodities price...
Aug 24, 2015 11:10 am UTC| Technicals
USD/CAD has been trading in the range of 1.3195 -1.3023 for the past five trading session. Loonie has broken major trend line resistance 1.3200 and this confirms short term bullishness, a jump till 1.3370 (161.8%...