FxWirePro: GBP/USD up in Asian trade, sees strong resistance at 1.5474
Jul 09, 2015 06:03 am UTC| Technicals
GBP/USD up 20pts in Asian trade; days range 1.5355-1.5413. Bearish setup remains intact, with daily price action dipping into cloud. Domestically, following the release of the RICS house price survey overnight, the only...
AUD modestly lifted by labour data and solid start to China equity trading
Jul 09, 2015 05:09 am UTC| Technicals
Australian labour report for June showed total employment rose 7.3k, the expectations were for a flat print. The Australian dollar got a modest lift from the data. The better than expected outcome plus a solid start to...
USD/SGD follows choppy China stock markets
Jul 09, 2015 03:14 am UTC| Technicals
Shanghai index rallies from early sales, iron ore prices track stocks bounce too Pair rallies to 1.3523 early but retreated to 1.3500 again Greek uncertainty to support the parity Pair last at...
Jul 09, 2015 02:53 am UTC| Technicals
Pair has bounced over 100 pips from fresh 2015 low around 89.20 Asia ex-Japan equity markets have also bounced from lows Air of panic in Asia has dissipated due to recovery in Shanghai Composite index Resistance at...
USD/INR likely to stay above 63.50, may trade 63.50/65 range intraday
Jul 09, 2015 02:43 am UTC| Technicals
Risk aversion,China stocks woes underpin Concerns over Greeces debt issues, EUR exit to weigh on INR too INR NDFs traded 63.80-63.88 range intraday, closed 63.79-81 in...
FxWirePro: EUR/USD breaks key resistance at 1.1070, bearish in the near term
Jul 08, 2015 15:28 pm UTC| Technicals
EUR/USD bounced from 1.1000 level, and is trying to test resistance level 1.1090(61.8% Retracement level). The pair is currently trading around 1.1090 level. It is expected decline further towards 1.1000 and later...
FxWirePro: Sell NZD/USD below 0.71684, down trend to continue further below
Jul 08, 2015 14:47 pm UTC| Technicals
NZD/USD bounced back from 0.6620 level and testing resistance at 0.6714. Short rally around 0.6730 should be taken as advantage for selling opportunities, As NZD dollar is weak against the US dollar in the short...
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