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FxWirePro: USD/CHF bulls re-emerge as USD pares China-driven drop, could test 0.9800

Sep 23, 2015 07:24 am UTC| Technicals

US dollar pares losses and extends recovery from China-driven drop ahead of an eventful EUR calendar USD/CHF pared losses from 0.9737 levels and has resumed uptrend, currently trading at 0.9763 Growing China fears could...

FxWirePro: Sell GBP/USD only below 1.5328 with SL around 1.5385 for the TP of 1.5165

Sep 23, 2015 06:34 am UTC| Technicals

Cable has made a low of 1.5340 and slightly recovered till 1.53825. It is currently trading at 1.5336. The pairs major support is around 1.5280 and any break below confirms short term weakness , a decline till...

FxWirePro: EUR/AUD takes support near 200 day 4HMA, good to sell on rallies

Sep 23, 2015 06:21 am UTC| Technicals

EUR/AUD has made a low of 1.5600 yesterday and recovered from that level. It is currently trading at 1.5833. Overall trend is still weak as long as resistance 1.4950 holds On the downside minor support is around 1.5798...

FxWirePro: USD/JPY to remain pressured amidst renewed bout of risk-off sentiment

Sep 23, 2015 05:58 am UTC| Technicals

Disappointing Chinese manufacturing PMI data saw a renewed bout of risk-off trades on concerns about weakness in the worlds second-biggest economy Risk-off sentiment was in full swing across the Asian markets after US...

FxWirePro: GBP/AUD faces strong support around 2.140, good to buy at dips

Sep 23, 2015 05:44 am UTC| Technicals

GBP/AUD is consolidating in narrow range around 2.135-2.1860 for the past two trading session. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs major support...

FxWirePro; Sell AUD/USD on rallies around 0.7030-356 with SL around 0.7085 for the TP of 0.6945

Sep 23, 2015 02:52 am UTC| Technicals

Aussie has broken major support 0.7050 after weaker Chinese PMI data and this confirms short term weakness , a decline till 0.6940 cannot be ruled out . Intraday bullishness only above 0.7085 . Any break above 0.7085 will...

FxWirePro: Sell GBP/JPY on rallies around 183.95-184 with SL around 184.85 for the TP of 182.10

Sep 23, 2015 02:19 am UTC| Technicals

GBP/JPY breaks major support 184.20 and this confirms short term weakness , a decline till 182 cannot be ruled out . Intraday bullishness only above 184.85. Any break above 184.85 will take the pair further till...

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