AUD/USD struggles to break below 0.7400, jump till 0.7500 is likely
Jul 14, 2015 11:02 am UTC| Technicals
RES 4 : 0.7532 (Jul 6thhigh) RES 3: 0.7500 RES 2: 0.7470 (Jul 13th high) RES 1: 0.7421 ( 7 day 4 H EMA) PRICE: 0.74311 @ 10:58 GMT SUP 1: 0.7400 SUP 2: 0.7370 (Jul...
USD/JPY trades well above shorter resistance 123, jump till 125 is possible
Jul 14, 2015 10:37 am UTC| Technicals
RES 4 : 125.85 (jun 5th high) RES 3:125 RES 2: 124.36 (Jun 24th high) RES 1 : 123.71 (2nd jul high) PRICE: 123.35 @ 10:36 GMT SUP 1 : 123.37 ( 200 day 4 HMA) SUP 1: 122.60 (20 day 4 HEMA) SUP 2...
FxWirePro: EUR/JPY supported around 136.00 on broad euro strength
Jul 14, 2015 10:03 am UTC| Technicals
Markets ignored the latest fall of German ZEW economic sentiment index and Euro zones industrial production Broad euro strength continues unabated, supporting EUR/JPY at around 136.00 levels EUR/JPY price action rejects...
FxWirePro: EUR/SEK bounces on softer Sweden inflation data
Jul 14, 2015 07:58 am UTC| Technicals
EUR/SEK spiked from 9.3385 to 9.3867 after Sweden inflation data came in weaker than expected Sweden June headline -0.4% y/y vs -0.3% forecast, core +0.6% y/y vs +0.7% expected CPI release is significant given the...
FxWirePro: AUD/USD rises on upbeat Australia Business Confidence
Jul 14, 2015 05:23 am UTC| Technicals
AUD/USD opens Tuesday at 0.7404, had been trading heavily with a stronger greenback across the board Positive June business Confidence numbers buoyed the pair today, currently trading at 0.7420 with a high of 0.7422 and a...
FxwirePro: USD/JPY pares early gains, trades almost unchanged around 123.50
Jul 14, 2015 04:55 am UTC| Technicals
USD/JPY pares early gains and trades almost unchanged in the mid-Asian session The major hovers around 123.50 levels as the US dollar seems to consolidate from its recent risk-on sentiment led upsurge There wasnt much...
EURUSD is supported just above 50% Fibonacci retracement levels
Jul 14, 2015 04:18 am UTC| Technicals
Support 3- $1.0818 (61.8% Fibonacci retracement) Support 2- $1.0915 (July 7 Low) Support 1- $1.0962 (50% Fibonacci retracement levels) Spot rate- $1.1010 Resistance 1- $1.1081 (38.2% Fibonacci retracement) Resistance...
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