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FxWirePro: GBP/AUD retreats after making a high of 2.210, good to buy at dips

Sep 10, 2015 06:54 am UTC| Technicals

GBP/AUD has made a high of jumped till 2.210. It is currently trading at 2.2065. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs minor support is around...

FxWirePro: Australia's positive job data, poor demand for New Zealand's dairy products fuel AUD/NZD – hedge with PRBS

Sep 10, 2015 06:28 am UTC| Technicals

Consider this as 2ndchance for speculating opportunity and 2ndchance for reducing hedging cost if you missed out put ratio spreads when recommended this earlier on last week. Contemplating the previous long lasting...

FxWirePro: USD/JPY spike quickly sold-off, reverts to familiar ranges near 120.70 levels

Sep 10, 2015 05:52 am UTC| Technicals

USD/JPY shoots up to 121.38 on belated reaction to LDP Yamamotos talk, but spike was quickly sold off. The pair edged lower back under 121 and is currently trading at 120.80, why USD/JPY decided to react to the news...

FxWirePro: USD/CHF faces strong support at 0.9680, good to buy at dips

Sep 10, 2015 05:45 am UTC| Technicals

USD/CHF has retreated till 0.9715 after making a high of 0.9825. Overall trend is still bullish as long as support 0.9680 holds. Any break below 0.9680 will drag the pair further down till 0.9640/0.9595. The pairs minor...

FxWirePro: Buy GBP/JPY at dips around 185 with SL around 184 for the TP of 187.10/188

Sep 10, 2015 05:11 am UTC| Technicals

GBP/JPY has broken short term resistance around 185.45 and jumped till 186.43. It is currently trading at 185.17 Intraday weakness only below 184 and any break below will drag the pair further down till 183.49/183 in...

FxWirePro: Yen loses steam as risk-off eases post China CPI, USD/JPY edges higher

Sep 10, 2015 04:33 am UTC| Technicals

Chinas CPI rose 2.0% year-on-year in August, the fastest pace in a year, beating market forecasts for a 1.9% rise Upbeat data restored confidence among markets that Chinese governments efforts to boost the economy are...

FxWirePro: Buy USD/JPY at dips around 120.20 with SL around 119.60 for the TP of 121.20/121.70

Sep 10, 2015 02:14 am UTC| Technicals

USD/JPY retreated after making a high of 121.19. It is currently trading at 120.32. Intraday trend is still bullish as long as support 119.60 holds. On the downside any break below 119.60 will drag the pair till...

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