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FxWirePro: EUR/GBP trades above 200 day 4HMA, good to buy at dips

Jul 27, 2015 11:04 am UTC| Technicals

RES 4: 0.7270 (trend line resistance) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 1: 0.7120(200 day 4 HMA) PRICE: 0.7134@ 11:03 GMT SUP 1: 0.7060 (7 day 4...

FxWirePro: AUD/USD consolidates in narrow range, good to sell on rallies

Jul 27, 2015 10:54 am UTC| Technicals

RES 4: 0.7450 ( Jul 21st 2015) RES 3: 0.7411 (Cloud bottom) RES 2: 0.7384 (Cloud top) RES 1: 0.7334 (20 day 4 H EMA) PRICE: 0.72909 @ 10:53 GMT SUP 1: 0.7283 (161.8% retracement of 0.73256...

USD/JPY faces strong support at 200 day 4HMA, break below targets 122.40

Jul 27, 2015 10:31 am UTC| Technicals

RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2:125 RES 1: 124.40 (Jun 24th high) PRICE: 123.35 @10:20 GMT SUP 1 : 123.25( 200 day 4 HMA) SUP 2 :122.90...

FxWirePro: USD/CAD recovers from 1.2979 low, weak oil restricts CAD gains

Jul 27, 2015 10:29 am UTC| Technicals

USD/CAD has recovered from the days low of 1.2979 and is currently trading at 1.2990 Broad based USD weakness on poor data (Fri) and rise in Gold prices pushed the pair lower Weakness seen in WTI crude restricting gains...

FxWirePro: EUR remains bid ahead of German IFO data, weakness only below 1.0995

Jul 27, 2015 06:59 am UTC| Technicals

EUR remains bid into the European session on Monday, awaits German IFO data due later in the day EUR/USD trades just above the 1.10 barrier at 1.1022, after dropping to the 1.0920 area last Friday "Germany will publish...

FxWirePro: AUD/USD retraces some of last week's losses, overall bias negative

Jul 27, 2015 06:37 am UTC| Technicals

AUD/USD dived to 0.7259, its lowest level in over six years last week Oil and gold traded sharply lower on speculation of Fed hike as soon as next Sept, weighing heavily on commodity currencies The pair retraced some of...

FxWirePro: USD/JPY edging closer towards 123 handle on a broadly weak US dollar

Jul 27, 2015 05:06 am UTC| Technicals

USD/JPY testing lows by 123.50 in the mid-Asian trading session Fridays lack lustre home sales data from the US weighing on USD, dragging USD/JPY lower Currently USD/JPY is trading at 123.49 after hitting fresh weekly...

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