FxWirePro: USD/CAD key support at 1.3206, buy deals are recommended above 1.3210
Sep 08, 2015 12:05 pm UTC| Technicals
USD/CAD has slipped back towards 1.3234 levels, after failing to hold above 1.3300 levels, after a brief bullish surge towards 1.3308 yesterday. The pair may extend its weakness up to 1.3200 (61.8% Fib retracement level)...
EUR/GBP faces strong support around 0.7240, break below targets 0.7160
Sep 08, 2015 11:51 am UTC| Technicals
RES 4: 0.7395 ( Sep 1st high) RES 3: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES2 : 0.7320 (20 DAY 4 HMA) RES1 0.7292 (7 DAY 4H EMA) PRICE: 0.7250 @ 11.48 GMT SUP 1: 0.7240 (Aug 30th Low) ...
EURGBP cross tests important support at £0.7250
Sep 08, 2015 11:45 am UTC| Technicals
The EUR/GBP cross was falling on Tuesday and bulls failed to hold the price above the 0.73 mark, which led to a sharp fall, although it has slightly stabilized since then. Earlier in the session, Eurostat advised...
FxWirePro: GBP/USD rally capped at 1.5404, focus on BoE's MPC meet (Thursday)
Sep 08, 2015 11:35 am UTC| Technicals
Sterling rose for a second day against the dollar on Tuesday, extending Mondays gains on MA news Mitsui Sumitomo Insurance said it had agreed to buy British insurer Amlin Plc in a cash deal that values the latter at about...
FxWirePro:USD/JPY faces strong resistance around 120.25, good to buy at dips
Sep 08, 2015 11:29 am UTC| Technicals
RES 4: 121.75 (28th Aug high) RES 3:121 RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1: 120.25 (200 day HMA) PRICE: 119.93 @11:27 GMT SUP 1: 119.50 (20 day HMA) SUP 2: 118.78 (Sep...

FxWirePro: EUR/CAD lower channel provides strong support - straps to hedge uptrend participation
Sep 08, 2015 11:17 am UTC| Technicals
The pair has taken support at channel line 1.4800 which is quite reasonable as it was a steep spike and fall, we had earlier traced out an inverted hammer pattern candle at 1.4716 levels which is to be considered as a...

Sep 08, 2015 11:07 am UTC| Technicals
USD/CAD has broken short term trend line resistance 1.3280 and jumped till 1.3309 level. It is currently trading around 1.3249 The pairs minor resistance is around 1.3350 and any break above targets ...