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...
EURUSD is supported above 38.2% Fibonacci Retracement
Jul 13, 2015 03:39 am UTC| Technicals
The euro currency started the new week on a soft note European leaders continued to mount pressure on Greece to make severe spending and taxation changes immediately in exchange for further bailout funds Asian markets...
FxWirePro: GBP/USD approaching to test resistance at 1.5521, Upside prevails in the short term
Jul 10, 2015 14:00 pm UTC| Technicals
The pair GBP/USD is approaching to test resistance level at 1.5521, the pair is set to advance further towards 1.5560 and 1.5600 level in the short term. GBP is broadly stronger against US dollar in the short...
FxWirePro: USD/CAD approaching support at 1.2673, buy deals are recommended above 1.2670
Jul 10, 2015 13:21 pm UTC| Technicals
USD/CAD is approaching to test support level at 1.2673, the support level at 1.2673 is set to hold and push the pair further to upside towards 1.2750 and 1.2800 later. The currency is trading at 1.2693 level, the...
FxWirePro- Major Economic Events for the day