FxWirePro: EUR/PLN rejected at highs, breaks below 4.2770 could take the pair to 4.2580 levels
Oct 28, 2015 06:50 am UTC| Technicals
EUR/PLN is currently trading at 4.2802, slightly lower from session highs at 4.2852. The pair was rejected at 4.2917 on Tuesday, but still hovers near nine-month highs of 4.2939 hit on 22nd Oct Converging 10 DMA...

FxWirePro: Stay strongly positioned in GBP/JPY PRBS – hard currency seems to dip further
Oct 28, 2015 06:04 am UTC| Technicals
Everything going in the Yens favor as predicted in our previous write up. We have been already reiterating bearish trend and advised suitable hedging call in our previous articles as well on 2ndOctober, 7th and again on...

CAD/JPY breaks trend line support, targets 89.70
Oct 28, 2015 05:52 am UTC| Technicals
CAD/JPY has broken trend line support around 90.90 (trend line joining 91.47 and 91.11) and this confirms short term weakness , a decline till 89.71 is possible. On the downside minor support is around 90.50 and any...

BTC/USD breaks major resistance around $300, jump till $330 is possible
Oct 28, 2015 05:27 am UTC| Technicals
BTC/USD has broken major resistance $300 and jumped till $303. It is currently trading at $301.50. Short term trend is bullish as long as support $288 holds. Any break above $300 will take the pair to next level...

FxWirePro: AUD/JPY breaks below daily cloud, pair could test trendline support at 85.25
Oct 28, 2015 05:26 am UTC| Technicals
Aussie plummets after soft CPI print raised chances of a Nov rate cut by RBA to above 50% Headline inflation held at 1.5% in the Sept quarter, with the quarterly change in the CPI rising just 0.5%, below the 0.7% increase...
FxWirePro: USD/JPY rangebound in Asian session, markets cautious as Fed decision looms
Oct 28, 2015 04:44 am UTC| Technicals
Nervousness creeps into markets ahead of the much awaited Fed policy announcement due later today: Growing expectations of BOJ unveiling additional stimulus at Fridays meet, especially after weak retail sales data...

FxWirepro: Strong support for Cable at 1.5290, breaks below could target 1.52 levels
Oct 28, 2015 04:19 am UTC| Technicals
GBP/USD hovers around the 1.53 level, recovering slightly from Tuesdays lows of 1.5283 RSI and Stochs on 4 hourlies are near oversold territory, and in line with further declines But Cable has strong trendline...