
EUR/AUD breaks minor resistance around 1.5400, targets 1.5575
Oct 28, 2015 03:35 am UTC| Technicals
EUR/AUD has recovered from the low of 1.5165 and is currently trading around 1.5488. Short term trend is still bullish as long as support 1.5320 holds. The pair has broken minor resistance 1.5400 (Support turned into...

FxWirePro: AUD/USD breaks below 200 DMA, good to sell rallies
Oct 28, 2015 03:27 am UTC| Technicals
AUD/USD slumps over 60 pips on surprise Australian CPI inflation numbers which came lower across the board. Australias Q3 CPI q/q came in at 0.5%, below forecasts of 0.6%, y/y was also below expectations at 1.5% vs...

Google Invests In Chinese Android Wear Partner For the First Time Since 2010
Oct 28, 2015 02:51 am UTC| Technicals
It looks like Google is opening itself to opportunities in mainland China. Bloomberg reports that the search engine giant has made an investment in a Chinese startup, its first direct one since quitting the country over...

Oct 27, 2015 16:55 pm UTC| Technicals
Short term trend -BearishReason for Weakness1. In daily chart pattern formed -Hanging man.2. It has broken the low of hanging man (120.60) and is trading around 120.27.3. The pair has also broken trend line support 120.45...
US consumer confidence falls on labor market conditions
Oct 27, 2015 15:39 pm UTC| Technicals
The Conference Boards index of consumer confidence fell to 97.6 in October, posting an unexpected decline against the forecast (104.0) and consensus expectations (102.9) for a little-changed reading. Most of the...
FxWirePro: AUD/USD key resistance at 0.7260, sell deals are recommended around 0.7250
Oct 27, 2015 15:13 pm UTC| Technicals
AUD/USD has rebounded towards 0.7245 earlier in European session, but slipped to trade around 0.7225 levels after US session opened. The pair has struggled to break strong resistance located at 0.7260 level indicating the...
FxWirePro: EUR/USD key resistance at 1.1140, bearish in the short term
Oct 27, 2015 14:19 pm UTC| Technicals
EUR /USD pair made some by hitting high at 1.1078 during mid European session. However, the pair made has made a short squeeze back to trade at 1.1035 levels after US session opened. The resistance level at 1.1140 is set...