FxWirePro: NZD/USD pares losses, edges higher from day's lows at 0.6295
Sep 25, 2015 06:47 am UTC| Technicals
NZD/USD saw a minor recovery on the Fonterra news this week, but downside pressures continue as we head towards the end of the week NZD/USD is currently trading at 0.6345 with a high of 0.6353 and a low of 0.6295 on the...

FxWirePro: Buy USD/JPY at dips 120.35-40 with SL around 120 for the TP of 121/121.25
Sep 25, 2015 06:34 am UTC| Technicals
USD/JPY has broken minor trend line resistance around 120.45 (trend line joining 120.64 and 120.53) and is currently trading at 120.47. Intraday trend is bullish as long as resistance 120 holds. The minor resistance is...

FxWirePro: GBP/AUD faces strong resistance around 2.200, good to buy at dips
Sep 25, 2015 06:10 am UTC| Technicals
GBP/AUD breaks minor trend line resistance around 2.185 and jumped till 2.200. It is currently trading at 2. pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The...

AUD/USD faces minor resistance around 0.7020, break above targets 0.7075/0.7100
Sep 25, 2015 05:50 am UTC| Technicals
Aussie has recovered after making a low of 0.6938 and is currently trading at 0.7010. It is facing minor resistance at 0.7020 (trend line joining 0.7153 and 0.70425). Any break above 0.7020 will take the pair to next...
FxWirePro: EUR/USD remains pressured below 1.20 handle on hawkish Yellen comments
Sep 25, 2015 05:02 am UTC| Technicals
Janet Yellens hawkish 2015 rate hike speech overnight buoyed USD bulls, EUR/USD slumped from session highs around 1.1295 to 1.1159 levels. The pair is still languishing below the 1.20 handle, unable to recover...

EUR/USD faces trendline support at 1.1155, below targets 1.1080
Sep 25, 2015 03:49 am UTC| Technicals
EUR/USD has made a high of 1.12958 and retreated till 1.11597 from that level. It is currently trading around 1.11710. Overall trend is weak as long as resistance 1.1295 holds. On the downside major support is...

GBP/JPY forms bullish cypher pattern, good to buy at dips
Sep 25, 2015 03:40 am UTC| Technicals
Harmonic Pattern formed- Bullish Cypher pattern Potential Reversal Zone (PRZ) -181.50. GBP/JPY has made a low of 181.61 and slightly recovered from that level. It is currently trading at 182.96. On the lower...