FxWirePro: AUD/USD bounces back from session lows at 0.7331, buying seen at lows
Aug 13, 2015 04:28 am UTC| Technicals
PBOCs Yi Gang briefing on the yuan came as a respite to markets, risk-on returns to the markets following the comments Yi talked up the currency and stated that further bid depreciation in the domestic currency is...
FxWirePro: AUD/USD key resistance at 0.7385, sell deals are recommended below 0.7360
Aug 12, 2015 13:00 pm UTC| Technicals
AUD/USD rebounded strongly from 0.7214 levels to hit daily highs at 0.7386 levels. The pair is retreating back after hitting strong resistance at 0.7385 levels. The pair is expected to decline further towards 0.7340 and...
FxWirePro: EUR/GBP to test 0.7202 levels in short term
Aug 12, 2015 12:43 pm UTC| Technicals
EUR/GBP continued its upward move on Wednesday seen from the last few sessions. It rose above 55 EMA and hit a fresh high at 0.7169 levels before sliding to 0.7147 levels. 5 and 15 MA crossover suggests further uptrend...
FxWirePro: USD/CAD key resistance at 1.3000, upside prevails in the short term
Aug 12, 2015 12:22 pm UTC| Technicals
USD/CAD has slipped from yesterdays high and is all set to test 1.2960 levels shortly. 1.2960 levels has been strongly supportive and is set to defend against the bears. The pair is expected to continue its bullish bias...
FxWirePro: USD/CHF approaching support level at 0.9744, buy deals are recommended above 0.9745
Aug 12, 2015 12:11 pm UTC| Technicals
USD/CHF pair is approaching support level 0.9747 (61.8% Retracement level, the support level 0.9747 is expected hold the bears and push pair further up. The pair is currently trading around 0.9744 levels. It is...
FxWirePro: USD/JPY approaching support level at 124.00, buy deals are recommended above 124.05
Aug 12, 2015 12:05 pm UTC| Technicals
USD/JPY is approaching to test support level at 124.00; the support level at 124.00 is massively strong and set to hold the bears from falling further below 124.00 levels. The pair is set to rebound from 124 levels and is...
FxWirePro: GBP/USD consolidates in narrow range, good to sell on rallies
Aug 12, 2015 11:59 am UTC| Technicals
RES 4:1.56885 (Jul 29th high) RES3: 1.56773 (Jul 31st high) RES 2: 1.56505 (Aug 5th high) RES 1: 1.5620 (trend line resistance) PRICE: 1.55859 @ 11:58 GMT SUP 1: 1.5573 (7 day 4 HEMA) SUP 2:...