FxWirePro: GBP/USD key resistance level at 1.5301, bearish in the short term
Sep 03, 2015 12:09 pm UTC| Technicals
The cable is has broken strong support level at 1.5301 and is approaching to test next support level at 1.5261. A breakout at the said resistance level will unleash a strong bearish momentum which may drag the pair all the...
FxWirePro: EUR/USD key support at 1.1220, bearish in the short term
Sep 03, 2015 12:07 pm UTC| Technicals
EUR /USD fell back from 1.1244 levels, after failing to break minor resistance at 1.1244 levels. The pair has started to decline and is all set to test support level at 1.1220 levels, as the euro is weaker across the board...
FxWirePro: EUR/USD shows muted reaction post-ECB, awaits Draghi’s presser
Sep 03, 2015 11:59 am UTC| Technicals
EUR/USD trades around 1.1230, largely unchanged after the ECB decision, markets now await Draghis presser at 1230 GMT The European Central Bank (ECB) in line with widespread expectations, left interest rates...
FxWirePro: South Africa's weak business confidence dents Rand, good to buy USD/ZAR dips
Sep 03, 2015 11:24 am UTC| Technicals
South Africas Rand stumbles as data showed South Africas business confidence fell to a new 16-year low South Africas rand fell 1 percent against the dollar on Thursday, the weakest performance in a basket of 25...

Sep 03, 2015 11:02 am UTC| Technicals
USD/CHFis facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness, a jump till 0.9764/0.9800 cannot be ruled out. On the downside minor support is around...
FxWirePro :USD/JPY faces strong resistance around 121, good to sell on rallies
Sep 03, 2015 10:03 am UTC| Technicals
RES 4 : 122.35 RES 3: 121.75 (61.8% retracement of 125.27 and 116.07) RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1 : 120.32 (7 day 4 HEMA) PRICE: 120.37 @10:02 GMT SUP 1:119.56 (38.2%...
FxWirePro: Vols and Greeks for AUD/CAD put ladder in action
Sep 03, 2015 10:01 am UTC| Technicals
Technical Glimpse: The downtrend that has been gradually prolonging and bearish candles are popping up every now and then with abundant volume confirmation. While %D crossover near 80 levels signifies the selling...