FxWirePro: Risk-off conditions benefiting yen, good to sell USD/JPY rallies
Sep 01, 2015 05:29 am UTC| Technicals
USD/JPY off again on de-risking after weak China PMI rekindles Chinas hard landing concerns Asian indexes extended sell-off for the second straight session led by Shanghai stocks amid deteriorating Chinese...
FxWirePro: AUD/USD largely unchanged on RBA, good to sell rallies
Sep 01, 2015 04:54 am UTC| Technicals
AUD/USD remained largely muted on as expected RBA decision, statement almost identical to last months AUD/USD last at 0.7141 after trading at 0.7140 just prior, focus now turns to Wednesdays GDP release Long term...
FxWirePro: AUD/USD edges higher ahead of RBA decision, tough resistance at the 0.72 handle
Sep 01, 2015 04:26 am UTC| Technicals
AUD/USD edges higher after failing to break 0.7100 on the day, currently trading at 0.7140 Better than expected Chinese Manufacturing data and impressive Australian building permits lift AUD Long term momentum is...
FxWirePro: Buy AUD/USD only above 0.7170 with SL around 0.7125 for the TP of 0.7248/0.7295
Sep 01, 2015 03:45 am UTC| Technicals
Aussie is facing trend line resistance around 0.7170 and any break above would extend gains till 0.7250/0.7300. On the downside minor support is around 0.7080 and break below targets 0.7030/0.7000. It is good to...
Sep 01, 2015 03:02 am UTC| Technicals
Loonie breaks minor trend line support 1.3150 which confirms short term weakness, a decline till 1.3000/1.2950 cannot be ruled out . On the downside major support is around 1.3050 and any break below 1.3050 will drag...

FxWirePro: Buy WTI, targeting $53/barrel
Aug 31, 2015 15:35 pm UTC| Technicals
After massive 10 week decline oil has posed overwhelming comeback in the last two days of the previous week, where price jumped as much as much as 18%. Though most of the Bull Run can be attributed to short covering, we...
FxWirePro: USD/JPY approaching resistance level at 121.38, buy deal are recommended around 120.80
Aug 31, 2015 14:32 pm UTC| Technicals
USD/JPY is approaching to test resistance level at 124.38. The support level at 120.59 is massively strong and set to hold the bears from falling further below pair are set to continue its bullish momentum in the short and...