FxWirePro: EUR/GBP struggles to break above 0.7360, good to sell on rallies
Aug 27, 2015 11:39 am UTC| Technicals
RES 4 : 0.7480 RES 3: 0.7420 (Aug 24th high) RES 2: 0.7380 RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7312 @ 11:38 GMT SUP 1: 0.7300 (7 day 4 HEMA) SUP 1: 0.7250 SUP 2: 0.7223 (55...
FxWirePro: Aussie faces strong resistance around 0.7250, good to sell on rallies
Aug 27, 2015 10:46 am UTC| Technicals
RES 4: 0.7330 (200 day 4 HMA) RES 3: 0.7250 (Aug 25th high) RES 2: 0.7195 ( Tenken-Sen) RES 1: 0.7159(20 day 4 HMA) PRICE: 0.7015 @10:38 GMT SUP 1: 0.7130 (7 day 4 H EMA) SUP 2: ...
USD/JPY breaks short term resistance 120, targets 121.60
Aug 27, 2015 10:13 am UTC| Technicals
RES 4: 121.65 (55 day 4 hema) RES 3: 121 RES 2 : 120.63 (50% retracement of 125.27 and 116.07) RES 1: 120.30 (Tenken-sen) PRICE: 120.30 @10:11 GMT SUP 3 :118.40 (25th Aug low) SUP 4: 118 SUP3: 116.07...
FxWirePro: Rand extends recovery against dollar, USD/ZAR could test 12.9824 support
Aug 27, 2015 09:48 am UTC| Technicals
Recently battered emerging markets continued to benefit from Chinas moves to support its economy South Africas rand firmed slightly against the dollar, extending its recovery after tumbling to an all-time low of...

FxWirePro: USD/CHF faces strong resistance around 0.9560, good to sell on rallies
Aug 27, 2015 09:37 am UTC| Technicals
USD/CHF has broken short term resistance 0.9504 ad recovered till 0.9550 level. Overall trend is till weak as long as resistance 0.9560 holds. The pair jumped till 0.95468 today morning and is currently trading at...

EUR/USD struggles to close above 1.1400, targets 1.1200
Aug 27, 2015 07:46 am UTC| Technicals
EUR/USD has made a low of 1.1290 and slightly recovered from that level. Intraday trend is still weak as long as resistance 1.3670 holds. The pairs major support is around 1.1280 (61.8% retracement of 1.1016 and...

Aug 27, 2015 07:44 am UTC| Technicals
Both weekly and monthly graphs suggest bearish signals, the spinning top on peaks with substantial volume confirmation, more importantly a long real body bearish candle occurred at 1.0924 with huge volumes. While %D...