
FxWirePro: GBP/AUD faces strong trend line support at 2.1390, good to buy at dips
Sep 03, 2015 06:50 am UTC| Technicals
GBP/AUD has recovered till 2.190 after making a low of 2.1390 and is currently trading at 2.181. The pairs minor resistance is around 2.190 and any break above would extend gains till 2.2200/2.2370. The pairs minor...
FxWirePro: Sell AUD/USD around 0.7020-25 with SL around 0.7065 for the TP of 0.6895
Sep 03, 2015 06:00 am UTC| Technicals
AUD/USD has formed a double bottom around 0.6980 and slightly recovered from that level. Overall trend is still weak as long as resistance 0.7062 holds. On the higher side any break above 0.7062 would extend gains till...
FxWirePro: USD/JPY slips from day's high, strong resistance seen at 120.75 (200 DMA)
Sep 03, 2015 05:56 am UTC| Technicals
Investors tentatively stepped back into equities, tempering demand for the Japanese Yen The dollar climbed against the yen on Thursday to days high by 120.69, strong resistance seen at 120.75 (200 DMA) USD/JPY is...
FxWirePro: AUD/USD bounces off 0.7000, quiet Asian equity markets support
Sep 03, 2015 05:05 am UTC| Technicals
AUD/USD was down around 70 pips after weak retail sales data, testing the 0.7000 handle The pair failed to break below and a swift bounce ensued, taking the pair to 0.7020 levels AUD/USD is being supported by quiet Asian...
FxWirePro: Sell USD/CHF above 0.9700 with SL around 0.9640 for the TP of 0.9800/0.9825
Sep 03, 2015 03:09 am UTC| Technicals
USD/CHF is 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 key resistance at 120.40, bearish in the short term
Sep 02, 2015 14:55 pm UTC| Technicals
USD/JPY rebounded after hitting minor resistance level at 119.66 to reach levels at 120.30 in the European session, however strong resistance can be seen at 120 40 levels, the pair is set to flatter below this level ,...
FxWirePro: GBP/USD key resistance at 1.5351, bearish in the short term
Sep 02, 2015 13:52 pm UTC| Technicals
The cable has continuously declined in the past four sessions to test new lows, having broken 38.2 fib retracement levels, GBP/USD is still under downward pressure and is set to fall further down below. Currently the...