FxWirePro: Sell USD/CHF around 0.96800-85 with SL around 0.9725 for the TP of 0.9570
Sep 15, 2015 03:07 am UTC| Technicals
USD/CHF has broken major support 0.9680 and declined till 0. is currently trading around 0.96770. the pair yesterday recovered till 0.9718 after making a low of 0.96675 . Intra day trend is still weak as long as support...
FxWirePro: Buy USD/JPY at dips around 120.45-48 with SL around 119.80 for the TP of 121.30/121.70
Sep 15, 2015 01:59 am UTC| Technicals
USD/JPY has taken support near trend line ( trend line joining 116.07 and 118.840) and slightly recovered from that level. It is currently trading at 120. trend is bullish as long as support 119.60 holds. On the downside...
FxWirePro: USD/JPY key resistance at 120.28, sell deal are recommended below 120.25
Sep 14, 2015 14:40 pm UTC| Technicals
USD/JPY is approaching support level at 119.97, currently the pair is trading at 120.08 and it is set to decline further towards 119.80 and later 119.50 levels, as Japanese Yen is set to gain against US dollar which is...
FxWirePro: USD/CAD finds support at 1.3232, buy deals are recommended above 1.3235
Sep 14, 2015 14:03 pm UTC| Technicals
USD/CAD has slipped back towards 1.3245 levels after failing to hold above 1.3266 levels, after quick surge in mid European session. The pair may extend its weakness up to 1.3234 and consolidate well above this this area,...
FxWirePro: USD/TRY call spreads and CBT rate hike - a run through
Sep 14, 2015 12:59 pm UTC| Technicals
Central Bank of Turkey will likely tolerate a weaker FX market pricing for rate hikes is aggressive, in our view, given the indications of weak economic growth and the rising vulnerability of the CBT to political...
FxWirePro: GBP/USD key support at 1.5370, bullish in the short term
Sep 14, 2015 12:55 pm UTC| Technicals
The cable has lost some ground, from Fridays high at 1.5443 and is moving downwards to test interim support level at 1.5400. The cable is currently trading around 1.5408 levels with overbought condition and a fall towards...
FxWirePro: EUR/GBP supported above hourly Kijun at 0.7326 , good to buy dips
Sep 14, 2015 12:50 pm UTC| Technicals
The bid tone on the EUR weakened again in the European session on Monday, pushing the EUR/GBP pair lower towards the 200-DMA located at 0.7323. The pair has pared some losses and has edged higher to hit session highs...