FxWirePro: GBP/USD approaching support level at 1.5500, bearish in the short term
Aug 06, 2015 13:22 pm UTC| Technicals
GBP/USD approaching support level at 1.5500 (July 27th lows), the cable is fell after Bank of England (BoE) released inflation report and just one out of 9 voted to revise interest rate. The cable is trading below...
FxWirePro: USD/ZAR off from 14-year highs, uptrend intact
Aug 06, 2015 12:38 pm UTC| Technicals
Rand opens slightly stronger this morning at 12.77 but further losses in store USD/ZAR backs off 14-year highs by 12.8300 reached yesterday, currently trades at 12.77 ZAR is poised for further losses as market awaits...
FxWirePro: USD/CHF approaching resistance level at 0.9840, buy deals are recommended above 0.9810
Aug 06, 2015 12:21 pm UTC| Technicals
USD/CHF pair is approaching resistance level 0.9840, the support level 0.9815 is set hold the bears and push pair further up. The pair is currently trading around 0.9835 levels. It is expected to, advance further towards...
FxWirePro: USD/JPY key support at 124.72, upside prevails in the short term
Aug 06, 2015 12:04 pm UTC| Technicals
USD/JPY is approaching to test resistance level at 125.14, the pair is set to advance further towards 125.40 and later 125.60 levels in the short term. Strong support can be seen at 124.72 (38.2 % Retracement Level),...
FxWirePro: EUR/USD key resistance at 1.0915, sell deals are recommended below 1.0900
Aug 06, 2015 12:03 pm UTC| Technicals
The pair is approaching support level at 1.00883. The pair has started decline after failing to break 23.6% Fib at 1.0915, and is moving downwards to test next support level located at 1.0883(Aug 6th lows), the resistance...
FxWirePro: AUD/USD consolidates in narrow range, good to sell on rallies
Aug 06, 2015 11:48 am UTC| Technicals
RES 4: 0.7450 (Jul 21st high) RES 3: 0.74275 (Aug 4th high) RES 2 : 0.7370 (Tenken-Sen) RES 1: 0.7340 (20 day 4H MA) PRICE: 0.7327 11:48 GMT SUP 1: 0.7250 (161.8% retracement of 0.73266...
USD/JPY trades well above minor resistance 124.50, targets 125.85
Aug 06, 2015 11:09 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: 124.86 @11:08 GMT SUP1 : 124.70 (7 day 4...