FxWirePro: EUR/USD breaks support level at 1.1050, bearish in the short term
Jul 29, 2015 12:05 pm UTC| Technicals
The pair has broken support level at 1.1050 and is moving downwards to test next support level located at 1.1029, the resistance level 1.1114 is strong and it is expected to hold the bulls from advancing...
EUR/GBP struggles to break above 200 day 4HMA, decline till 0.6980 is possible
Jul 29, 2015 11:56 am UTC| Technicals
RES 4: 0.7270 (trend line resistance) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 1: 0.7102(200 day 4 HMA) PRICE: 0.70576@ 11:50 GMT SUP 1: 0.7074...
FxWirePro: USD/JPY consolidates in narrow range, good to sell on rallies
Jul 29, 2015 11:17 am UTC| Technicals
RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2:125 RES 1: 124.40 (Jun 24th high) PRICE: 123.67 @09:39 GMT SUP 1 : 123.25( 200 day 4 HMA) SUP 2 :122.90...
AUD/USD struggles to break above 200 day HMA, targets 0.7200
Jul 29, 2015 07:21 am UTC| Technicals
RES 4: 0.7416 (Jul 23rd high) RES 3: 0.74028 (61.8% retracement of 0.7350 and 0.7255) RES 2: 0.7350 (200 day HMA) RES 1: 0.7321 (7 day H EMA) PRICE: 0.73004@ 07:20 GMT SUP 1: 0.7283...
FxWirePro: EUR/USD accelerating downside, correction to 1.10 possible
Jul 29, 2015 06:26 am UTC| Technicals
EUR/USD gains were capped at 1.1083, Euro is accelerating its fall against the Greenback ahead of European open Germany Gfk Consumer Confidence Survey came in as expected, meets forecasts (10.1) in August Investors...
FxWirePro: NZD/USD stalls upsurge, stays supported just above 0.67 handle
Jul 29, 2015 06:05 am UTC| Technicals
The New Zealand dollar spiked to a two-week high of $0.6739 after Wheelers speech, but later eased back and remains supported just above 0.67 handle RBNZ Governor Wheeler believed that a lower exchange rate is needed to...
FxWirePro: EUR/USD erases gains, trades almost unchanged ahead of FOMC
Jul 29, 2015 05:39 am UTC| Technicals
EUR/USD activity light ahead of the FOMC decision/statement later today The pair opened at 1.1058, edged higher to 1.1083 and currently trades almost unchanged on the day at 1.1057 Immediate support is seen at 1.1022...