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FxWirePro: EUR/USD resumes downside after breaking support level at 1.1040

Feb 22, 2016 14:53 pm UTC| Technicals

The EUR/USD pair is trading as low as 1.1138 in the early the US session as the pair attracted sellers on fears of possible Brexit from Eurozone. The ongoing weakness is set to continue for this pair as the...

FxWirePro: EUR/USD breaks crucial supports at 1.1063, bears likely to drag upto next supports at 1.0969

Feb 22, 2016 13:27 pm UTC| Technicals

The pair has just broken an important supports at 1.1063 levels with big real body candle to slip below moving average curves. Next strong support can be seen at 1.0969 levels While leading oscillators converge downward to...

FX Hedging Strategy Series

FxWirePro: EUR/GBP gains seem intact as uptrend moving in ascending triangle with rising bottoms -boundary binaries for speculation

Feb 22, 2016 12:13 pm UTC| Technicals

EURGBP has held stronger supports at 0.7708 levels last week and now heading towards resistance at 0.7842 at which (breakout point) the price behavior was similar in many times in the past. But after taking last weeks...

EUR/USD faces strong support at 1.1050, break below targets 1.0920

Feb 22, 2016 11:29 am UTC| Technicals

Major support -1.1050 (200 day MA and also 1.13% retracement of 1.10865 and 1.13350) Major resistance - 1.11500 The pair has retreated after making a high of 1.11372 yesterday. It is currently trading around...

FxWirePro: our Pound/Yen call closes in on target, stop loss and targets revised

Feb 22, 2016 10:57 am UTC| Technicals

We have provided two calls in Pound/Yen. One a bit over longer horizon. Sell Pound against Yen at 168, with stop loss around 189 and target at 121. The other one is more recent: To sell Pound at 163, with stop...

GBP/NZD breaks key support at 2.15 mark, more downside likely

Feb 22, 2016 10:42 am UTC| Technicals

Pair is currently trading at 2.1255 levels. It made intraday high at 2.1568 and low at 2.1224 levels. Today pair breaks key support level at 2.15 marks and trading below 2.13 levels. On the downside, key...

GBP/USD Trade Idea

Feb 22, 2016 10:37 am UTC| Technicals

Major support - 1.4200 (trend line joining 1.4350 and 1.42443) The pair breaks major support 1.4200 and declined till 1.4157. It is currently trading around 1.41735. Short term trend is slightly weak as long as...

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