
Sep 25, 2015 12:02 pm UTC| Technicals
Cable is trading between 1.5288 and 1.5200 for the past two trading session. Intraday trend is weak as long as resistance 1.5260 holds. The pairs major support is around 1.5200 and any intraday weakness can be seen...
FxWirePro: USD/CAD trades a tight range ahead of NY session, focus on U.S. GDP data
Sep 25, 2015 11:44 am UTC| Technicals
USD/CAD trades a tight range ahead of NY session, with highs on the day at 1.3355 and lows at 1.3300. Oil prices pare gains on stronger dollar and weak Japan data, Brent futures were at $48.33 per barrel at 0940 GMT,...

Sep 25, 2015 11:40 am UTC| Technicals
The underlying fact for ongoing drops of crude oil prices being supply glut, oil prices are broadly unchanged from last week as market participants awaited three key decisions from different branches of the US government...
USD/JPY trades well above 120 level, targets 122
Sep 25, 2015 11:04 am UTC| Technicals
RES 4: 122.35 (161.8% retracement of 120.97 and 119.04) RES 3: 122 RES 2: 121.72 (28TH AUG HIGH) RES1:121.30 ( SEP 10TH HIGH) PRICE: 120.85 @10:56 GMT SUP 1: 120.57 (Tenken-Sen) SUP 2: 120.25 (20...

FxWirePro: Gold forms bearish cypher pattern, good to sell on rallies
Sep 25, 2015 10:12 am UTC| Technicals Commentary
Harmonic pattern formed- Bearish Cypher pattern Potential Reversal Zone (PRZ)- $1160 Gold has recovered after making a low of $1121 on Tuesday. It is currently trading at $1136. Overall trend is weak as long...
FxWirePro: USD/CHF reverses previous day's steep fall, hits fresh monthly highs at 0.9843
Sep 25, 2015 09:39 am UTC| Technicals
USD/CHF hits fresh monthly highs at 0.9843 on strong USD, rallying nearly 200 pips from yesterdays steep fall. The pair has resumed its uptrend after a brief reversal seen yesterday, and is on track to takeout the...

FxWirePro: GBP/AUD option straps serve hedging motive
Sep 25, 2015 09:38 am UTC| Technicals
It is urged that our readers to square off all bearish positions and for now convert the same into strap on hedging mindset as the pair to nudge above to hang around 2.1809 levels which is a trend line support and it uses...