FxWirePro: Cable on track to end a three week losing streak
Jul 17, 2015 06:41 am UTC| Technicals
GBP/USD closed lower on Thursday, was down 0.3 percent at $1.5559, but is on track to end the week higher, snapping the three week losing streak Cable closed lower yesterday despite BoE Carneys comment that UK interest...
FxWirePro: USD/JPY erases early gains, tests 124 handle
Jul 17, 2015 05:59 am UTC| Technicals
Fed Chair Yellens hawkish comments and the recent upbeat US macro data buoyed USD/JPY to fresh three-week peak of 124.23 today The pair however erased early gains from 124.09 to 124.23 and now trades back down at...
EURUSD is hovering around $1.0900 levels
Jul 17, 2015 03:58 am UTC| Technicals
ECB left monetary policies unchanged yesterday as widely expected. President Mario Draghi said that asset purchase program continued as planned and results showed that inflation expectations recovered since...
FxWirePro: AUD/USD sell below 0.7390, bearish in the near term
Jul 16, 2015 13:04 pm UTC| Technicals
AUD/USD fell back from 0.7438 level test support level at 0.7344 levels (61.8% Retracement Level). Currently its resuming upwards to test resistance at 0.7404 levels. The Aussie is currently trading around 0.7398...
FxWirePro: USD/JPY approaching resistance level at 124.16, buy above 123.80
Jul 16, 2015 12:10 pm UTC| Technicals
USD/JPY approaching resistance level at 124.16, currently the pair is trading at 124.03. The pair is set to advance further towards 124.40 and later 124.70. Japanese Yen is weaker against US Dollar, Dollar is all set to...
FxWirePro: Buy USD/CHF approaching resistance at 0.9572, bullish in the short term
Jul 16, 2015 12:06 pm UTC| Technicals
USD/CHF pair is approaching to test resistance level 0.9572 levels, the pair is attempting to break resistance and advance further towards 0.9600 levels. The pair is currently trading around 0.9569 levels. It is...
FxWirePro: EUR/USD sell below 1.920, bearish in the short term
Jul 16, 2015 12:04 pm UTC| Technicals
EUR /USD fell after breaking support level at 1.0909 levels to hit daily lows at 1.878. The pair is trying to retreated back towards 1.0909 levels. The pair is currently trading around 1.0889 levels. It is expected...
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