FxWirePro: USD/JPY consolidates in narrow range, buy at dips
Aug 18, 2015 03:29 am UTC| Technicals
USD/JPY has consolidated between between 124.56-124.21 yesterday.It is currently trading at 124.42. Overall trend is bullish as long as support 123.50 holds. Bullish invalidation only below 123.50. Any break below...
Aussie takes support near 0.7340, jump till 0.7500 is possible
Aug 18, 2015 02:59 am UTC| Technicals
AUD/USD consolidates in narrow range 0.7340-0.73955 for the past two trading session. Major trend reversal level- 0.7400 Break above would extend gains till 0.7450/0.7500 in short term. On the downside minor...
FxWirePro: USD/JPY key resistance at 124.49, buy deals are recommended around 124.20
Aug 17, 2015 14:00 pm UTC| Technicals
USD/JPY is approaching to break resistance level at 124.33. The support level at 123.78 is very strong and set to hold the bears from falling further below 123.78 levels. The pair is set to rebound around 124.20 levels and...
FxWirePro: USD/CHF is approaching support level at 0.9749, buy deals are recommended around 0.9720
Aug 17, 2015 13:25 pm UTC| Technicals
USD/CHF pair is approaching support level 0.9749, the support level at 0.9715 has been supportive for the bears in the recent past, and a strong rebound is expected soon around 0.9715 levels, as dollar is set to gain...
FxWirePro: GBP/USD key support level at 1.5611, bullish in the short term
Aug 17, 2015 12:57 pm UTC| Technicals
The cable is approaching to test resistance level at 1.5651. A breakout at the said resistance level will unleash a strong bullish momentum which may pull it all the way towards 1.6725 (23.6% Retracement Level). Pull...
Aug 17, 2015 12:21 pm UTC| Technicals
GBP/JPY has made a low of 192.26 in past week and recovered from that level. Major weekly trend reversal level- 192 break below 192 will drag the pair further down till 191/190.50. The short term trend reversal...
FxWirePro: EUR/GBP takes support near 200 day 4HMA, good to buy at dips
Aug 17, 2015 12:18 pm UTC| Technicals
RES 4: 0.7290 (161.8% retracement of 0.6949 and 0.7160) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7159 (Jul 27th high) RES 1: 0.7104 (7 day 4 HEMA) PRICE: 0.7105@ 12:17 GMT SUP 1: 0.7086 (55 day 4H...