
FxWirePro: Gold faces strong support near $1115, good to buy at dips
Sep 03, 2015 09:19 am UTC| Technicals
Gold has recovered till $1147 after making a low of $1117. It is currently trading at $1139. Overall trend is still bullish as long as support $1115 holds. On the downside major support is around $1115 and break below...

FxWirePro: AUD/JPY struggles to close above 85, good to sell on rallies
Sep 03, 2015 09:08 am UTC| Technicals
AUD/JPY has made a low of 83.63 and recovered till 85.13. Overall trend is weak as long as resistance 85.07 (20 day 4 HMA) holds. Any break above 85.07 will take the pair to next target at 86.25/86.50. On the...

FxWirePro: Have you missed EUR/AUD’s surge with put ratio spread – capture with credit put spread
Sep 03, 2015 08:24 am UTC| Technicals
The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance; the pair has now taken a trendline support exactly at 1.5598 which we had earlier anticipated....
FxWirePro: EUR/SEK slumps post Riksbank decision, further downside likely
Sep 03, 2015 07:54 am UTC| Technicals
Swedens central bank held its benchmark repo rate at -0.35 percent as expected on Thursday, says ready to do more. The Riksbank has cut rates three times this year to boost prices, most recently in July when the...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Sep 03, 2015 07:48 am UTC| Technicals Digital Currency
BTC/USD has recovered till $235 after making a low of $198 and is currently trading at $228. Short term trend is bullish as long as support $198 holds. The minor resistance is around $240 and break above will take...
FxWirePro: Sell GBP/JPY on rallies around 184-184.10 with SL around 184.75 for the TP of 182.50
Sep 03, 2015 06:53 am UTC| Technicals
GBP/JPY has recovered after making a low of 182.79 and is currently trading at 183.97. Intraday trend is bearish as long as resistance 184.70 holds. Any break below 183.50 will drag the pair further down till 183./182.45...
FxWirePro: GBP/USD continues to head south, ignores oversold levels
Sep 03, 2015 06:52 am UTC| Technicals
GBP/USD continues to head south for the 7th day, making lower daily highs since the 1.5820 peak Traders largely ignoring oversold levels, Stochs point to further downside in the pair, with strong trendline support at...