FxWirePro: EUR/USD key resistance at 1.1193, sell deals are recommended below 1.1090
Aug 20, 2015 12:02 pm UTC| Technicals
The pair is inching higher to test resistance level at 1.1193. EUR/USD is expected to flatter, below the said resistance level, as it has been stronger in the past for the bulls break and advance further. The pair is...
FxWirePro: EUR/GBP faces strong support around 0.7000, good to buy at dips
Aug 20, 2015 12:00 pm UTC| Technicals
RES 4: 0.7350 RES 3: 0.7290 (161.8% retracement of 0.7159 and 0.6949) RES 2: 0.7225 (Jul 10th high) RES 1: 0.7159 (Jul 27th high) PRICE: 0.7130@ 12:00GMT SUP 1: 0.7090 (Kijun-Sen) SUP 2: 0.7060...
Aug 20, 2015 11:56 am UTC| Technicals
We believe GBPAUD uptrend has been quite healthy as the upswings are moving with considerable corrections at the right time, it has neither been steep spikes nor steep declines and you can make out from daily charts as the...
FxWirePro: Aussie breaks short term support 0.7300, good to sell on rallies
Aug 20, 2015 11:28 am UTC| Technicals
RES 4: 0.74275 (Aug 4th high) RES 3: 0.7410 RES 2: 0.7368 (200 day 4HMA) RES 1: 0.7345 (20 day 4HMA) PRICE: 0.73085 @11:27 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250 (161.8% retracement of...
FxWirepro: USD/JPY faces strong resistance around 125, good to sell on rallies
Aug 20, 2015 10:52 am UTC| Technicals
RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2: 125.30 (Aug 12th high) RES 1:125 PRICE: 124 @10:48 GMT SUP 1 : 123.75 (200 day 4 HMA) SUP 2: 123.50 ( Jul 31st...
FxWirePro: GBP/USD hits fresh session low at 1.5603 on weak UK retail sales data
Aug 20, 2015 09:54 am UTC| Technicals
GBP/USD dragged to session low at 1.5605 after UK Retail Sales came in below forecasts, rose a meagre 0.1% from June and 4.2% y/y The upward revision to the previous months print failed to have any positive...
FxWirePro: Sell USD/CAD on rallies around 1.31620-650 with SL around 1.3190 for the TP of 1.3055
Aug 20, 2015 09:46 am UTC| Technicals
USD/CAD is facing strong trend line resistance around 1.3190 (trend line joining 1.3150 and 1.3176) and break above confirms further bullishness, a jump till 1.3210 cannot be ruled out . On the downside minor support is...