BOJ sits tight with policy but downgrades GDP outlook
Jul 15, 2015 03:57 am UTC| Technicals
The Bank of Japan made no changes to its current policy settings today BOJ tweaks growth forecast down, FY 15/16 GDP +1.7% vs +2% Pair is currently trading above 61.8% Fibonacci retracement levels at...
FxWirePro: GBP/USD approaching to test support level at 1.5550, sell deals are recommended
Jul 14, 2015 14:32 pm UTC| Technicals
GBP/USD is approaching to test support level at 1.5550, the pair is set to fall further towards 1.5500 and 1.5480 level in the short term. GBP is weak against US dollar in the short term, due to broader demand for the...
FxWirePro: USD/JPY approaching resistance level at 123.16, buy above 122.85
Jul 14, 2015 13:20 pm UTC| Technicals
USD/JPY approaching resistance level at 123.16, currently the pair is trading at 123.12. The pair is set to advance further towards 123.60 and later 124.00. Japanese Yen is weaker against US dollar, Dollar is all set to...
FxWirePro: Buy USD/CHF above 0.9440, bullish in the short term
Jul 14, 2015 13:05 pm UTC| Technicals
USD/CHF pair fell briefly towards 0.9390 levels after US retail data release, the pair is bouncing back above to advance further towards 0.9450 levels. The pair is currently trading around 0.9429 levels. It is...
FxWirePro: USD/CAD approaching support at 1.2715, buy deals are recommended above 1.2720
Jul 14, 2015 12:49 pm UTC| Technicals
USD/CAD is approaching to test support level at 1.2715, the support level at, 1.2715 is set to hold and push the pair further upside towards 1.2750 and 1.2800 level later. The currency is trading at 1.2732 levels,...
FxWirePro: EUR/USD breaks Support at 1.1030, bearish in the short term
Jul 14, 2015 12:28 pm UTC| Technicals
EUR /USD rebounded from 1.0964 levels to hit daily high at 1.1042. The pair has retreated back and is set to resume its bearish trend in the short term. The pair is currently trading around 1.1018 levels. It is...
EUR/GBP breaks short term support 0.7080, decline till 0.7000 is possible
Jul 14, 2015 12:04 pm UTC| Technicals
RES 4: 0.7210 (Jun 22nd high) RES 3: 0.7180 (200 day 4 HMA) RES 2: 0.7154 ( 20 day 4 H EMA) RES 1: 0.7113 (7 day 4 H EMA) PRICE: 0.70823@ 12:03 GMT SUP 1: 0.7076 (cloud bottom) SUP2: 0.7050 (May...
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