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GBPUSD trade Idea

Aug 25, 2015 12:17 pm UTC| Technicals

RES 4: 0.7420 (Aug 24th high) RES 3: 0.7380 RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES 1: 0.7327 (20 day HMA) PRICE: 0.72880@ 12:11 GMT SUP 1: 0.7250 SUP 2: 0.7210 (Cloud bottom) SUP 3:...

FxWirePro: USD/CHF is approaching resistance level at 0.9460, bias remains bearish

Aug 25, 2015 12:15 pm UTC| Technicals

USD/CHF pair is approaching has broken resistance level at 0.9420, and is approaching resistance level at 0.9460. The resistance level at 0.9460 is set to hold the bulls from advancing further, and push the pair below. The...

FxWirePro: Gold faces strong resistance around $1170, good to sell on rallies

Aug 25, 2015 12:12 pm UTC| Technicals

Gold has made a high of $1169 and retreats from that level. Overall trend is still weak as long as resistance $1170 holds. On the downside minor support is around $1150 and break below $1142/$1131. Overall trend...

FxWirePro: USD/JPY key resistance at 120.40, sell deals are recommended around 120.20

Aug 25, 2015 12:04 pm UTC| Technicals

USD/JPY is approaching to break resistance level at 120.20. The US dollar has weakened against Japanese yen, after market turmoil in global economy. The pair is set to decline towards 119.70 levels and later towards 119.20...

FxWirePro: Aussie recovers after making a low of 0.7030, good to sell on rallies

Aug 25, 2015 10:47 am UTC| Technicals

RES 4: 0.7410 RES 3: 0.7356 (200 day 4HMA) RES 2: 0.7303 ( 55 day 4 H EMA) RES 1: 0.7268 (20 day 4 HMA) PRICE: 0.72400 @10:42 GMT SUP 2: 0.7250 (161.8% retracement of 0.73266 and 0.74484) SUP 3:...

FxWirePro: USD/JPY faces strong support at 118, good to buy at dips

Aug 25, 2015 10:33 am UTC| Technicals

RES 4: 121 RES 3 : 120.63 (50% retracement of 125.27 and 116.07) RES 2: 120.30 (Tenken-sen) RES 1:119.65 (7 day 4H EMA) PRICE: 119.93 @10:26 GMT SUP 3 :118.80 (Kijun-Sen) SUP 4: 118 SUP3: 116.07 (24th...

GBP/USD faces strong resistance around 1.5800, break above targets 1.5925

Aug 25, 2015 10:04 am UTC| Technicals

GBP/USD is facing strong resistance around 1.5800 and any break above confirms short term bullishness, a jump till 1.5927 cannot be ruled out . On the downside major support is around 1.5745 and break below targets...

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