FxWirePro: USD/JPY key support at 120.50, bullish in the short term
Sep 25, 2015 14:56 pm UTC| Technicals
USD/JPY has slipped lower towards 120.50 levels after failing to break resistance level located at 121.42 in the mid European session. However, the pair has managed to rebound after testing minor support level located at...

FxWirePro: Shorts on USD/CAD PRBS derive certain yields – shooting star signifies longs function
Sep 25, 2015 13:36 pm UTC| Technicals
Technical glance: As an evidence of the below recommendation, we traced shooting star yesterday at 1.3300 levels that signal intermediate correction is underway in near future ahead. The formation of this bearish...
Sep 25, 2015 13:14 pm UTC| Technicals
Despite ultra-loose monetary policy in Sweden, the krona has struggled to weaken past 9.70 against the euro this year. The possibility that the ECB could extend or add more stimulus, combined with the uncertainty around...
FxWirePro: USD/CHF key support at 0.9754, upside prevails in the short term
Sep 25, 2015 12:49 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9790 levels, after failing to break above 0.9840 resistance levels. The pair has been trading in a narrow range off late, and a strong rebound is expected to take place sooner or...
FxWirePro: USD/CAD key support at 1.3302, bullish extension till 1.3450 likely
Sep 25, 2015 12:13 pm UTC| Technicals
USD/CAD has declined sharply to trade around 1.3312 levels, after hitting highest level since 2004 at 1.3418 levels yesterday. However, the pair is expected to rebound once again to reclaim 1.3400 levels and reach further...
FxWirePro: EUR/GBP faces minor support around 0.7300, good to buy at dips
Sep 25, 2015 12:08 pm UTC| Technicals
RES 4: 0.7480 (May 5th 2015) RES 3: 0.7420 RES 2: 0.7395 ( Sep 1st high) RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7361 @ 12:07 GMT SUP 1: 0.7240 (Aug 30th Low) SUP 2: 0.7220(...
FxWirePro: EUR/USD key resistance at 1.1190, bearish in the short term
Sep 25, 2015 12:06 pm UTC| Technicals
EUR /USD after hitting daily lows at 1.1115, has recovered to trade around 1.1159 levels. However, the gains should be limited as the pair faces strong resistance at 1.1190 and it is expected to flatter further towards...