FxWirePro: USD/CHF key support at 0.9990, upside prevails in the short term
Nov 12, 2015 15:30 pm UTC| Technicals
The USD/CHF has slipped back sharply towards 0.9660 levels, after sellers stepped in after the comments from Feds central bankers yellen, evens and bullard. The pair has been trading in sideways range off late, a strong...
FxWirePro: EUR/USD key resistance at 1.0800, bearish in the short term
Nov 12, 2015 15:03 pm UTC| Technicals
EUR /USD pair inched higher against US dollar by hitting daily highs at 1.0795 after comments from Fed yellen. The pairs further advances towards higher levels could be limited around 1.0800 levels as the resistance formed...
FxWirePro: GBP/USD key support at 1.5130, bullish in the short term
Nov 12, 2015 14:24 pm UTC| Technicals
GBP/USD has lost some ground to dollar to trade around 1.5187 levels in the early US session after slipping from 1.5244 levels in the early European session. The cable is currently trading in oversold condition and a...
FxWirePro: USD/JPY key support at 122.64, buy deal are recommended around 122.80
Nov 12, 2015 13:59 pm UTC| Technicals
The USD/JPY pair slipped towards 119.75 levels during early European session, however the pair pulled back some losses after the release of jobless claims data from US market. Currently the pair is trading around 122.95...

Nov 12, 2015 12:30 pm UTC| Technicals
Harmonic Pattern formed- Bearish Butterfly Pattern Potential Reversal Zone -1.0125. The pair has made a high of 1.0085 at the time of writing and started to decline from that level. Any break above 1.0125...

FxWirePro: EUR/CAD consolidates in narrow range, good to sell on rallies
Nov 12, 2015 12:07 pm UTC| Technicals
EUR/CAD has made a low of 1.4180 today at the time of writing and recovered from that level. It is currently trading around 1.4230. Market awaits Canada housing prices data which is to be released today for further...

Nov 12, 2015 11:29 am UTC| Technicals
EUR/JPY is persistently trading below trendline support at 133.30 after breaking below on Oct 27th. The pair is currently struggling to to overcome 131.80 (61.8% retrace of the 141.06-126.08 rise), Daily Tenkan ...