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FxWirePro: GBP/AUD struggles to close above 2.200, good to sell on rallies

Sep 18, 2015 07:04 am UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.1350 from that level. It is currently trading at 2.152 The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs...

GBP/JPY faces major support 186.40, break below targets 185

Sep 18, 2015 05:52 am UTC| Technicals

GBP/JPY has made a high of 188.27 yesterday and retreated from that level. It is currently trading at 186.56. Intraday major support is around 186.40 (trend line joining 184.24 and 186.21) and any break below will drag...

USD/JPY breaks minor support 120, decline till 119.2 is possible

Sep 18, 2015 03:05 am UTC| Technicals

USD/JPY has retreated till 119.69 after Fed maintains status quo. Overall trend is weak as long as resistance 121 holds. The pairs intraday resistance is around 120.50 and any break above confirms intraday bullishness , a...

FxWirePro: Sell USDCHFon rallies around 0.9620-25 with SL around 0.9660 for the TP of 0.9560.

Sep 17, 2015 18:24 pm UTC| Technicals

USD/CHF has broken major support 0.9650 and a decline till 0.9595/0.9560 cannot be ruled out . Intraday bullishness only above 0.9685 and any break targets 0.9725/0. minor resistance is around 0.9660 Bearish invalidation...

FxWirePro: Buy EURUSD at dips around 1.1370-75 with Sl around 1.1300 for the TP of 1.1465/1.1500.

Sep 17, 2015 18:10 pm UTC| Technicals

EUR/USD breaks short term resistance 1.1370 which confirms short term bullishness , a jump till 1.1465/1.1500 cannot be ruled out . On the downside minor support is around 1.1320 and any break below will drag the pair...

FxWirePro: AUD/USD key support at 0.7140, upside prevails in the short term

Sep 17, 2015 17:32 pm UTC| Technicals

>AUD/USD pair has made a short pullback to test 61.8% fib retracement level at 0.7141. Currently the pair is making an attempt to rebound back towards 0.7185 levels. Australian dollar is set to reach higher level, as the...

FxWirePro: GBP/USD key support at 1.5480, further bullish bias persists

Sep 17, 2015 13:54 pm UTC| Technicals

>The cable has rebounded strongly from 1.5500 levels, after UK retail data was released from UK in mid European session. Currently cable has broken resistance level 1.5525 and is inching towards higher levels ahead of FOMC...

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