
FxWirepro: Loonie faces strong support around 1.3150, good to buy at dips
Sep 11, 2015 06:24 am UTC| Technicals
USD/CAD has declined till 1.3177 and started to recover from that level. Loonie is facing strong support around 1.3175 (trend line joining 1.3115 and 1.3135) and further weakness can be seen only below that...
FxWirePro: Sterling consolidating previous day's gains, GBP/USD supported above 1.5427
Sep 11, 2015 05:55 am UTC| Technicals
Sterling enjoyed a positive session after BoE said Chinas stock-market slump did not signal a slowdown for Britain. Cable opened at 1.5441 and traded range bound between 1.5462/35, a fraction firmer in a calm Asian...
FxWirePro: Sell GBP/JPY on rallies around 186.75-80 with SL around 187.40 for the TP of 185.65/185
Sep 11, 2015 05:34 am UTC| Technicals
GBP/JPY made a high of 187.33 yesterday and has started to retreat from that level. It is currently trading at 186.74. On the downside major support is around 185.60 (23.6% retracement of 180.35 and 187.33) and nay...
FxWirePro: USD/JPY rally stalls just shy of 121 handle, prospects of more BoJ easing weigh on yen
Sep 11, 2015 05:14 am UTC| Technicals
The dollar extended gains against the yen on Friday on increased prospects of more easing by the Bank of Japan The Yen is facing fundamental headwinds in respect to Global deflationary pressures and the BoJs easing policy...

Gold edges higher after five daily dips
Sep 11, 2015 04:13 am UTC| Technicals
Gold prices rose from four-week lows as uncertainty crept back into global equity markets, while a weaker greenback also helped to spur some bidding. Bullion futures rose 0.71% to $1,110.00 per troy ounce after...
FxWirePro: Buy USD/JPY at dips around 120.60-65 with SL around 119.95 for the TP of 121.70/122.30
Sep 11, 2015 02:55 am UTC| Technicals
USD/JPY has made a high of 121.32 yesterday and declined till 120.46 . It is currently trading at 120.82 trend is still bullish as long as support 119.95 holds. Any break below 119.95 will drag the pair further down...
FxWirePro: USD/CHF key support at 0.9670, buy deals are recommended around 0.9680
Sep 10, 2015 17:56 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9700 levels, after failing to hold above monthly high at 0.9825, the pair has broken 50% fib retracement level at 0.9712 and is moving to test next resistance level at 0.9670. The...