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FxWirePro: USD/JPY approaching support level at 123.69, buy deals are recommended above 123.70

Jul 24, 2015 14:04 pm UTC| Technicals

USD/JPY is consolidating in the range of 123.90 levels, the pair is set to advance further towards 124.30 and later 124.70 levels. Japanese Yen is weaker against US Dollar, Dollar is all set to gain further against Yen in...

FxWirePro: EUR/USD approaching resistance level at 1.0959, bullish in the short term

Jul 24, 2015 13:39 pm UTC| Technicals

The pair found renewed bullish momentum after breaking resistance at 1.0941 and is inching upwards to test resistance level at 10959. The pair is trading around 1.0951 levels and it is expected advance further towards...

FxWirePro: USD/CHF approaching support level at 0.9596, bullish in the short term

Jul 24, 2015 13:05 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9596 (61.8% Retracement level), the support level at 0.9596 is set hold the bears and push pair further up. The pair is currently trading around 0.9608 levels. It is...

FxWirePro: USD/ZAR takes out Jul 7/8th highs, more gains likely

Jul 24, 2015 12:08 pm UTC| Technicals

USD/ZAR rally picks-up momentum, rallies to monthly highs by 12.6349 The pair easily broke past Jul 8/9 highs, momentum is bullish China slowdown, weak economy and SARB hiking weigh on ZAR At the time of writing the...

FxWirePro: Sell GBP/USD below 1.5540, bearish in the short term

Jul 24, 2015 12:04 pm UTC| Technicals

GBP/USD fell back after failing to break resistance level at 1. 5521, and fell below to test support level at 1.5461. The cable is approaching to test support level at 1.5460. The pair is set to fall further towards 1.5440...

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

Jul 24, 2015 11:41 am UTC| Technicals

RES 4 : 0.7225 (Jul 10th high) RES 3: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 2: 0.7120(200 day 4 HMA) RES 1: 0.7076 (Cloud top) PRICE: 0.7065@ 11:39 GMT SUP 1: 0.7060 (7 day 4 HEMA) ...

AUD/USD trades below 0.7300, decline till 0.7195 cannot be ruled out

Jul 24, 2015 11:31 am UTC| Technicals

RES 4: 0.7450 ( Jul 21st 2015) RES 3: 0.7411 (Cloud bottom) RES 2: 0.7371 (20 day 4 HMA) RES 1: 0.7322 (7 day 4 H EMA) PRICE: 0.72745 @ 11:26 GMT SUP 1: 0.7283 (161.8% retracement of 0.73256...

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