FxWirePro: GBP/USD recovers from session lows of 1.5558, Greenback weaker ahead of U.S open
Aug 12, 2015 11:57 am UTC| Technicals
UK data released earlier today disappointed market expectations, data showed slowdown in the employment and wage growth Sterling was trading relatively weak against the USD following weak data, days range...
FxWirePro: Aussie pares losses in European session, good to sell on rallies
Aug 12, 2015 11:39 am UTC| Technicals
RES 4: 0.7450 (Jul 21st high) RES 3: 0.74275 (Aug 4th high) RES 2: 0.7420 (200 day 4HMA) RES 1: 0.7350 (20 day 4 HMA) PRICE: 0.73520 @11:37 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250 (161.8%...
FxWirePro: USD/JPY retreats from higher levels, good to buy at dips
Aug 12, 2015 10:53 am UTC| Technicals
RES 4: 127.93 (161.8% retracement of 125.85 and 120.40) RES 3: 126.88 (161.8% retracement of 124.43 and 120.45) RES 2 : 125.85 (jun 5th high) RES 1:125 PRICE: 124.40 @10:49 GMT SUP1 : 124.70 (20 day...
FxWirePro: USD/IDR spikes above 13800, BI in markets to support Rupiah
Aug 12, 2015 05:12 am UTC| Technicals
USD/IDR surges above 13800 as traders cited Bank of Indonesia in the markets to support Rupiah IB pinned the rupiahs fall directly on the yuan devaluation and said it would step into the markets to guard against...
FxWirePro: USD/JPY hits new two-month highs at 125.27 on fresh CNY weakness
Aug 12, 2015 04:20 am UTC| Technicals
Another round of yuan devaluation by PBOC was seen early today, an attempt to support the export sector and aid the overall economic growth Greenback remains supported from risk-off flows following PBOC devaluation,...
FxWirePro: GBP/USD approaching support level at 1.5553, bullish in the short term
Aug 11, 2015 14:21 pm UTC| Technicals
The cable has retreated from daily highs at 1.5618 and is trading at 1.5584 levels. The pair is trying to test support level at 1.5553. Unless and until this pair trades above 1.5540 levels, trend of this pair remains...
FxWirePro: USD/CHF approaching support level at 0.9784, buy deals are recommended above 0.9785
Aug 11, 2015 13:28 pm UTC| Technicals
USD/CHF pair is approaching support level 0.9784 (61.8% Retracement level), the support level 0.9785 is set hold the bears and push pair further up. The pair is currently trading around 0.9805 levels. It is expected...