FxWirePro: USD/JPY key support at 119.80, buy deal are recommended around 120.30
Sep 10, 2015 14:31 pm UTC| Technicals
USD/JPY has broken support level at 120.77 and is set to test next support level at 120.30, the support level at 120.30 set to hold the bears from falling further below and push the pair upwards, as the US dollar is...

API reports deficit, while crude awaits EIA report – calls updated
Sep 10, 2015 14:12 pm UTC| Technicals
Crude oil (WTI) is finding support around $43.3/barrel critical support area, however sellers remain at large as market awaits report from EIA. A break below could lead is moving sharply lower ahead of FOMC meeting next...

Sep 10, 2015 13:07 pm UTC| Technicals
Weve been successful in tracing out trend reversal on GBPCHF as last week we rightly stated that EOD and weekly technicals raises a caution for ongoing short term downtrend as dropping prices do not evidence corresponding...

Glimpse on USD/CHF delta risk reversal and minimal cost of hedging
Sep 10, 2015 13:02 pm UTC| Technicals
USDCHF pair has been absolutely non-directional and puzzling from mid August, earlier to which the pair was moving well within the range. For short term traders it seems like uptrend remains intact as the RSI oscillator...
FxWirePro: AUD/USD key resistance at 0.7120, sell deals are recommended around 0.7080
Sep 10, 2015 12:37 pm UTC| Technicals
AUD/USD has rebounded strongly towards 0.7056 earlier in European session. However, the pair is struggling to break strong resistance located at 0.7078 50 fib level, the pair is trading in overbought condition, as the...
FxWirePro: GBP/USD rise above 1.5413 on BoE short lived, pair back below 1.54
Sep 10, 2015 12:34 pm UTC| Technicals
Cable extended upbeat momentum after BoE remains on the sidelines once again at todays meet as widely expected Minutes revealed an 8-1 voting pattern in favour of keeping the current monetary stance Minutes also showed...

Sep 10, 2015 12:24 pm UTC| Technicals
EUR/USD is trading in narrow range around 1.1245 and 1.11526 for the past two trading session . Overall trend is still weak as long as resistance 1.1250 holds. Any break above 1.1250 will take the pair to next target...