FxWirePro: Buy USD/CHF above 0.9458, up trend to continue further
Jul 07, 2015 13:42 pm UTC| Technicals
USD/CHF failed to break resistance at 0.9513 (23.6% Retracement Level), and is moving to test support level at 0.9460. The pair is set to continue its bullish momentum in the short run. The pair is currently trading...
EUR/GBP trades within narrow range, good to sell on rallies
Jul 07, 2015 12:09 pm UTC| Technicals
RES 4: 0.7210 (Jun 22nd high) RES 3: 0.7171(200 day 4HMA) RES 2 : 0.7140 (38.2% retracement of 0.7387 and 0.6986) RES 1: 0.7085 (7 day 4H EMA) PRICE: 0.70824@ 12:05 GMT SUP 1: 0.7080 (Jun 23rd...
EUR/USD faces support around 1.0950,break below targets 1.0800
Jul 07, 2015 11:23 am UTC| Technicals
RES 4: 1.1140 (Jul 3rd high) RES 3: 1.1100 (Jul 6th high) RES 2: 1.1060 (20 day 4 HMA) RES1 : 1.1020 (7 day 4 H EMA) PRICE: 1. 09630 @ 11:49 GMT SUP 1: 1.1100 SUP 2 :1.10720 (61.8% retracement of...
USD/JPY faces resistance around 123.15, decline till 121.80 is possible
Jul 07, 2015 10:45 am UTC| Technicals
RES 4 :125 RES 3 : 124.50 (Jun 17th high) RES 2: 123.65 (61.8 % retracement of 124.43 and 122.47) RES 1: 123.15 (20 day MA) PRICE: 122.56 @ 10:40 GMT SUP 1 :122.40 (Jun 18th low) SUP 1: 122 (Jun...
FxWirePro: EUR/JPY hovers near daily lows, daily cloud likely to provide support
Jul 07, 2015 10:20 am UTC| Technicals
The single currency relentlessly sold-off amid risk-aversion as traders await upcoming Euro group meeting. Markets await fresh incentives from the Euro Summit on Greek debt negotiations. EUR/JPY hovers near daily lows at...
Pound unperturbed by mixed UK factory data, EUR/GBP subdued on broad euro weakness
Jul 07, 2015 09:39 am UTC| Technicals
EUR/GBP hits lows of 0.7058 in the last hour after range trade in the European morning. The pair is consolidating below 0.71 handle. Currently the pair trades at 0.7073 with resistance at 0.7076 (daily Tenkan...
USD/JPY likely to remain capped at 123.00 today
Jul 07, 2015 05:25 am UTC| Technicals
Japans foreign reserves fell to $1.24 trillion at the end of June, the Ministry of Finance said on Tuesday. Japanese authorities did not conduct any intervention between May 28 and June 26, the ministry said earlier....
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