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FxWirePro: USD/JPY struggles to close above 121, good to buy at dips

Oct 05, 2015 11:42 am UTC| Technicals

RES 4: 122.30 RES 3: 121.75 (28th aug high) RES 2:121.30 ( SEP 10TH HIGH) RES 1: 120.40 (200 day 4 H EMA) PRICE: 120.20 @11:40 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72) SUP 2: 119.20...

AUD/JPY Trade Idea

Oct 05, 2015 11:19 am UTC| Technicals

AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out. Overall weakness can be seen only...

FxWirePro: EUR/USD forms bullish Gartley pattern, sell on rallies

Oct 05, 2015 11:14 am UTC| Technicals

Harmonic Pattern formed - Bullish Gartley pattern Potential Reversal Zone (PRZ)- 1.1320 Any break above 1.1320 will take the pair to next target 1.1370/1.14365. On the downside minor support is around 1.1240...

FxWirePro: Cable unable to hold above the 1.52 handle, strong resistance at 1.5214

Oct 05, 2015 10:57 am UTC| Technicals

UK Markit/CIPS services PMI came in at the lowest levels since April 2013, dropped to 53.3 in Sept, from 55.6 in the previous month. Cable slumped to hit session lows at 1.5173 on the UK services data, but recovered...

AUD/JPY breaks major trend line resistance, jump till 86.15 is possible

Oct 05, 2015 09:29 am UTC| Technicals

AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out . Overall weakness can be seen only...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Oct 05, 2015 09:04 am UTC| Technicals Digital Currency

BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $224.95. Short term trend is weak as long as resistance $235 holds. The major resistance is...

FxWirePro: Execute bull calendar put spread on NZD/USD hedging

Oct 05, 2015 08:42 am UTC| Technicals

Fundamental reasons as to why Kiwi dollar showing strength against dollar: Kiwi dollar gained against U.S. dollar as anticipated in our earlier post owing to series of positives notes, namely, Fonterras diary products...

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Technology

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