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EUR/GBP faces strong resistance around 0.7100, break above targets 0.7220

Aug 11, 2015 12:31 pm UTC| Technicals

RES 1 : 0.7225 (Jul 10th high) RES 2: 0.7159 (Jul 27th high) RES 3 :0.7100 (31st Jul high) RES 4: 0.7065 (200 day 4 HMA) PRICE: 0.7093@ 12:25 GMT SUP 1: 0.7052 (20 day 4 H EMA) SUP 2: 0.7025...

FxWirePro: USD/CAD key resistance at 1.3101, upside prevails in the short term

Aug 11, 2015 12:29 pm UTC| Technicals

USD/CAD has consolidated to trade above 1.3000 levels after hitting daily lows yesterday. The pair is expected to continue its bullish bias further, as long as it trades above 1.3000 levels. The currency pair is...

FxWirePro: USD/JPY approaching support level at 124.85, upside prevails in the short term

Aug 11, 2015 12:17 pm UTC| Technicals

USD/JPY is approaching to test support level at 124.85, the pair is set to advance further towards 125.30 and later 125.50 levels in the short term. Short rally around 124.60- 124.70 should be taken as advantage for...

FxWirePro: EUR/USD approaching support level at 1.1031, buy deals are recommended above 1.0990

Aug 11, 2015 12:06 pm UTC| Technicals

The pair found bullish momentum yesterday and closed above 1.1000 psychological levels , its is expected to continue its bullish momentum further in the short term. The pair is trading around 1.1034 levels and it is...

Aussie trades weak, decline till 0.7250 cannot be ruled out

Aug 11, 2015 12:03 pm UTC| Technicals

RES 4 : 0.7495 ( Jul 10th high) RES 3: 0.7450 (Jul 21st high) RES 2: 0.74275 (Aug 4th high) RES 1: 0.7370 (20 day 4 HMA) PRICE: 0.7327 @12:02 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250...

FxWirePro: EUR/USD bounces to 1.1040, consolidating above 1.1000

Aug 11, 2015 12:01 pm UTC| Technicals

EUR/USD bounced to 1.1048 after hitting session lows at 1.0960 and is currently consolidating above 1.1000 The pair edged higher supported by good results from the ZEW Survey in Germany and the euro area Increasing...

FxWirePro: USD/JPY faces strong resistance around 125, good to buy at dips

Aug 11, 2015 11:41 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: 124.91 @11:27 GMT SUP1 : 124.70 (20 day 4...

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