FxWirePro: Cable clocks gains despite broad based US $ strength
Jul 13, 2015 11:57 am UTC| Technicals
Rally in the risk assets and the sell-off in the EUR/GBP pushed GBP/USD to session highs by 1.5588 UK trade data released on Friday which showed a narrowing deficit also reflecting GBP strength today At the time of...
USD/JPY trades well above shorter resistance 123, jump till 125 is possible
Jul 13, 2015 11:35 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: 123.32 @ 11:14 GMT SUP 1 : 123.30 ( 200 day 4 HMA) SUP 1: 122.75 (7 day 4 HEMA) SUP 2...
FxWirePro: EUR/NOK Daily Stochs poised lower, 8.8920 supports for now
Jul 13, 2015 11:27 am UTC| Technicals
EUR/NOK hourly price bouncing off 8.8920 mutiple times today, strong support on the downside EUR/NOK is currently trading at 8.9072, buyers back at lows, pushing prices higher A close below 8.8900 could take the pair to...
FxWirePro: Selling pressure driving EUR/JPY back towards cloud base
Jul 13, 2015 09:27 am UTC| Technicals
EUR/JPY staged a remarkable recovery from the cloud base by 135.55 as "Risk on" sentiment drove the cross higher The pair peaked at 137.78, but was unable to sustain gains, where selling pressure brought it down to...
USD/CHF is supported above $0.9450 level, tested $0.9492 high
Jul 13, 2015 09:24 am UTC| Technicals
Support 3- $0.9211 (Daily low June 23) Support 2- $0.9244 (Daily low June 29) Support 1- $0.9331 (Daily low July 10) Spot Rate- $0.9470 Resistance 1- $0.9493 (Hourly high July 13) Resistance 2- $0.9500 (30 DMA upper...
FxWirePro: EUR/USD rejected at 1.1197, slumps to 1.1053
Jul 13, 2015 08:27 am UTC| Technicals
Rally in the EUR/USD fizzled out as markets now weigh reports that Greece and the EU have found a common ground EUR/USD was rejected at 1.1197, and slumped to lows of 1.1053 The pair is currently trading at 1.1078 wih...
USD/JPY recovers from Daily lows, Cloud base to support
Jul 13, 2015 04:51 am UTC| Technicals
USD/JPY has recovered from days low by 122.15 in early Asia trade on Monday The pair is currently trading at 122.62 on the day covering up from a gap down open by 122.17 Cloud base by 122.18 to offer strong support on...
Pollster Predicts Trump Landslide ‘Just Like Reagan in 1980’—Can He Truly Win Over the Swing Voters?