FxWirePro: Cable edges lower from session highs at 1.5311, good to buy dips
Oct 07, 2015 10:27 am UTC| Technicals
GBP/USD popped higher after upbeat UK Industrial Production data, spiking above the 1.53 handle. Data earlier showed that UK industrial production during August expanded at 1.0% and manufacturing production grew 0.5%...
AUD/USD overbought heavily, sell above $0.7200
Oct 07, 2015 09:59 am UTC| Technicals
The Aussie has been advancing over the previous days, bolstered mainly by the US dollar weakness. The pair broke some important levels on the way higher and was testing the $0.72 resistance during the London session...

BTC/USD breaks major resistance $245, jump till $272 is possible
Oct 07, 2015 09:35 am UTC| Technicals Digital Currency
BTC/USD has broken major resistance $245 (200 day 4 HMA) and this confirms short term bullishness, a jump till $258/$272 is possible It is currently trading at $244.91. Short term trend is bullish as long as support $235...
FxWirePro: EUR/PLN extends pullback after rejection at 4.2586, good to short rallies
Oct 07, 2015 08:06 am UTC| Technicals
EUR/PLN extends pullback after rejection at 4.2586 levels on Oct 2nd, down for the 4 consecutive session Dailies confirming weakness and have room for a deeper corrections, scope for 4.2220 21DMA initially Daily Stochs...

EUR/AUD breaks major trend line support, targets 1.5500
Oct 07, 2015 07:58 am UTC| Technicals
EUR/AUD has broken major trendline support 1.5635 which confirms short term weakness , a decline till 1.5580/1.5500 is possible . On the higher side major resistance is around 1.5715 and any break above targets 1.5750/1....

FxWirePro: GBP/AUD breaks short term support 2.1400, good to sell on rallies
Oct 07, 2015 07:54 am UTC| Technicals
GBP/AUD has broken short term support 2.140 and declined till 2.1187. It is currently trading at 2.1214. The pairs minor resistance is around 2.1410 and any break above would extend gains till 2.1685/2.200. The pairs...

USD/CHF faces trend line support around 0.9640, break below targets 0.9530
Oct 07, 2015 06:56 am UTC| Technicals
USD/CHF has made a high of 0.9767 and declined from that level. It is currently trading at 0.9668. The pair is facing strong support at 0.9635 and any break below will drag the pair to next level 0.9595/0.9530 level. The...