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FxWirePro: Buy USD/JPY at dips around 119.80-85 with SL around 119.20 for the TP of 120.74/121.25

Sep 30, 2015 03:26 am UTC| Technicals

USD/JPY has recovered till 120.15 after making a low of 119.27 yesterday. Short term trend is till bullish as long as support 119.20 holds. Any break below 119.20 will drag the pair further down till 118.60/118.25....

FxWirePro: GBP/USD key resistance at 1.5254, bearish in the short term

Sep 29, 2015 15:25 pm UTC| Technicals

The Sterling has continued to decline against the US dollar after it failed close above 1.5240 yesterday. Currently the pair is attempting to break support level located 1.5122 and reach next support level located at...

FxWirePro: USD/CAD key support at 1.3320 buy deals are recommended above 1.3350

Sep 29, 2015 14:57 pm UTC| Technicals

USD/CAD has slipped back towards 1.3390 levels, after a short squeeze towards 1.3427 in early US session. However, the pair may extend its weakness up to 1.3343 levels and consolidate to reach higher levels, as support...

FxWirePro: EUR/USD key resistance at 1.1280, sell deals are recommended below 1.1260

Sep 29, 2015 14:05 pm UTC| Technicals

EUR /USD pair made a strong bullish rebound towards 1.1280 levels yesterday, however gains were capped around 1.1280 levels and the pair slipped from daily highs from 1.1280 levels to testing minor support level at 1.1192...

Risk trade review in light of Yen’s triangular consolidation

Sep 29, 2015 13:38 pm UTC| Insights & Views Technicals

Yen is known for its liquidity and safe haven status in financial world. Anyone who is a bit familiar with financial market knows, how suddenly and fast Yen could outpace almost all asset class in return in time of heavy...

FxWirePro: EUR/CAD uptrend seems intact, drifting around channel line despite breach – straps serve hedging objectives

Sep 29, 2015 13:35 pm UTC| Technicals

We dont foresee any sort of weakness in this pair as the uptrend seems quite healthy in our opinion with timely and right corrections every now and then. More importantly, there is no trace of bearish signals by any...

FxWirePro: USD/CHF key support at 0.9684, bullish in the short term

Sep 29, 2015 13:06 pm UTC| Technicals

>The USD/CHF declined sharply to test support level at 0.9684 yesterday. However, the pair after failing to break support level at 0.9684 has made a strong rebound towards 0.9740 levels. The pair is set to consolidate...

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