
FxWirePro: Strong resistance for USD/JPY at 121.48, good to sell rallies
Nov 04, 2015 04:58 am UTC| Technicals
USD/JPY is currently trading at 121.20 after making a high of 121.38 on the day likely on short-covering Strong channel-top resistance for the pair is located at 121.48, pair cloud retrace gains from that level Asian...

FxWirePro: AUD/USD spikes above 0.72 resistance, upbeat China data underpins AUD
Nov 04, 2015 03:52 am UTC| Technicals
Better-than-expected Chinese data has boosted Asian equities and risk appetite across markets. China October Services PMI came in at 52.0 vs 50.5 last, a 3-month high, while the composite stood at 49.9 vs 48.00...

EUR/USD forms Bullish BAT Pattern, good to buy at dips
Nov 04, 2015 03:51 am UTC| Technicals
Harmonic Pattern Formed - Bullish BAT Pattern Potential Reversal Zone (PRZ) - 1.09200 Any break below 1.0920 confirms further weakness and decline till 1.0880/1.0850 is possible . The pairs minor resistance...

USD/JPY faces strong resistance around 121.50 , break above targets 122.40
Nov 04, 2015 03:25 am UTC| Technicals
USD/JPY faces strong trend line resistance around 121.50 and any break above confirms further bullishness, jump till 122.40 is possible. On the downside minor support is around 120.75 and break below will drag the...
FxWirePro: GBP/USD key resistance at 1.5510, sell deals are recommended around 1.5460
Nov 03, 2015 20:02 pm UTC| Technicals
The GBP/USD has rebounded from 1.5360 levels, erasing the earlier losses, the sterling had declined earlier in the mid European market after the release of construction PMI which came in line with the forecast. In the...
FxWirePro: USD/JPY key support at 120.51, buy deal are recommended around 120.60
Nov 03, 2015 16:34 pm UTC| Technicals
USD/JPY has jumped higher after breaking resistance level at 120.86 and is bouncing above to test resistance level at 121.29, the support level at 120.50 set to hold the bears from falling further below and push the pair...
FxWirePro: AUD/USD key support at 0.7105, upside prevails in the short term
Nov 03, 2015 14:54 pm UTC| Technicals
AUD/USD pair has made a short pullback towards 0.7159. Currently the pair is making an attempt to reach support level at 0.7106. Australian dollar is set to reach higher level, as the pair is supported strongly around...