
BTC/USD faces strong resistance around $245, break above targets $271
Sep 07, 2015 07:25 am UTC| Technicals
BTC/USD has recovered till $244 after making a low of $198 and is currently trading at $240. Short term trend is bullish as long as support $230 holds. The major resistance is around $245 and break above will take the...

FxWirePro: GBP/JPY leading oscillators trace out early bearish signals – prefer PRBS hedging
Sep 07, 2015 06:50 am UTC| Technicals
On monthly chart, the formation of hanging man pattern candle on peaks of uptrend at around 193.456 levels. This hanging man followed by two long real body red candles would reveal a medium term downtrend direction.Overall...

FxWirePro: GBP/AUD faces strong support around 2.155, good to buy at dips
Sep 07, 2015 06:37 am UTC| Technicals
GBP/AUD has recovered till 2.200 after making a low of 2.1160 on Thursday and is currently trading at 2.194. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs...
FxWirePro: AUD/USD falters at 0.6948, struggling to hold intraday gains
Sep 07, 2015 06:27 am UTC| Technicals
The Australian dollar plumbed 6-1/2-year lows at $0.6892 on Monday on global growth concerns The pair recovered from fresh multi-year lows on the back of upbeat construction data and edged higher to 0.6948 on the day But...

FxWirePro: Loonie consolidates in narrow range, good to buy at dips
Sep 07, 2015 06:22 am UTC| Technicals
USD/CAD is trading in narrow range 1.3325 and 1.3125 for the past three trading session. Any trend reversal can happen only above or below the channel. On the lower side major support is around 1.3100 and any break...

FxWirePro: GBP/JPY takes support near trendline, good to buy at dips
Sep 07, 2015 06:03 am UTC| Technicals
GBP/JPY has taken support near trend line 180 (trend line joining 167 and 174.86) and slightly recovered from that level. The pairs further weakness can be seen only below 179.90. Any break below 179.90 will drag the...
FxWirePro: South Korean won extends fall over 1 pct, USD/KRW spikes to 1207
Sep 07, 2015 05:18 am UTC| Technicals
The South Korean won extends fall to more than 1 pct against the dollar on Monday, Fed uncertainty weighs. A mixed U.S. jobs report failed to offer much clarity on the timing of the Federal Reserves first rate hike...