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FxWirePro: EUR/USD faces strong resistance at 1.1320, good to sell on rallies

Apr 25, 2016 11:41 am UTC| Technicals

Major resistance 1.1320 Major intraday resistance 1.12650 (200 day 4H MA) The pair has slightly recovered after making a low of 1.12150 on Friday .it is currently trading around 1.12480. Short term trend...

GBP/USD faces strong resistance at 1.4460, break above targets 1.4515/1.4545

Apr 25, 2016 11:06 am UTC| Technicals

Major resistance 1.4460 Major intraday support- 1.4400 The pair has retreated till 1.44025 at the time of writing after making a high of 1.44570. It is currently trading around 1.44504. Intraday trend is...

FxWirePro: Don’t miss AUD/USD shorts at stiff resistance at 0.7727 in day trend

Apr 25, 2016 09:35 am UTC| Technicals

After 3 days of collapse in AUD/USD, it is now struggling to break resistance at 0.7727 levels (near 7DMA), on Friday also tested the resistance at the same levels, as a result we think since it doesnt manage to break...

FxWirePro: BTC/USD trades well above $450, good to buy at dips

Apr 25, 2016 09:18 am UTC| Technicals

Major resistance -$465 BTC/USD breaks major resistance $465 and jumped till $470 yesterday. It is currently trading around $458. Short term trend is bullish as long as support $434 holds The pairs major...

FxWirePro: GBP/NZD breaks above wedge top at 2.0780, could test next resistance at 2.1250

Apr 25, 2016 08:30 am UTC| Technicals

RBNZ decision this week is the major risk event for the pair. NZ economic data which has been better than expected has been weakened the case for an April OCR cut. However, there is a 30% chance the RBNZ decides not...

FxWirePro: EUR/GBP spikes above 0.78 handle despite poor German IFO data

Apr 25, 2016 08:21 am UTC| Technicals

Data released earlier today showed that German Business Expectations, Current Assessment and Business Climate have all missed expectations for the current month. The headline German Ifo Business Climate figure came in...

FxWirePro: GBP/JPY faces strong support at 160, good to buy at dips

Apr 25, 2016 07:36 am UTC| Technicals

Major resistance -162.60 Major support 158 (21 day 4HMA) The pair has opened higher today morning around 161.74 and started to decline from that level. It is currently trading around 160.60. Short term...

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