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FxWirePro: EUR/USD approaching resistance level at 1.0883, bearish in the short term

Jul 21, 2015 12:16 pm UTC| Technicals

The pair has bounced back from daily lows in the European session to hit daily highs at 1.0874, the pair has to close above 1.0903 in order to resume upward momentum. Unless and until it closes above 1.0903 levels the pair...

FxWirePro: USD/CHF approaching support level at 0.9598, upside prevails

Jul 21, 2015 12:08 pm UTC| Technicals

USD/CHF pair is approaching to test support level at 0.9598 levels (61.8% Retracement level), the support level at 0.9594 is set to hold the bears and push the pair further towards 0.9620 and 0.9657 levels in the short...

FxWirePro: USD/JPY approaching resistance level at 124.37, buy deals are recommended above 123.80

Jul 21, 2015 12:04 pm UTC| Technicals

USD/JPY approaching resistance level at 124.37, currently the pair is trading at 124.32. The pair is set to advance further towards 124.50 and later 124.80 levels. Japanese Yen is weaker against US Dollar, Dollar is all...

EUR/GBP trades near major resistance 0.7000, further weakness only below 0.6945

Jul 21, 2015 11:59 am UTC| Technicals

RES 4: 0.7145 (200 day 4 HMA) RES 3: 0.7100 (Cloud top) RES 2: 0.7041(38.2% retracement of 0.7222 and 0.69297) RES 1: 0.7000 (Kijun-Sen) PRICE: 0.6991@ 12:02 GMT SUP 1: 0.6966 (7 day 4 HEMA) SUP...

FxWirePro: EUR/PLN bearish momentum intact

Jul 21, 2015 11:49 am UTC| Technicals

Long wick formations on hourly candles on the downside indicate rejections at lows are pushing prices higher EUR/PLN is currently trading at 4.1181, with the days high by 4.1252 and low by 4.1044 Daily price action since...

FxWirePro: Aussie faces short term resistance around 0.7400, good to buy at dips

Jul 21, 2015 11:09 am UTC| Technicals

RES 4: 0.7500 RES 3: 0.7495 (Jul 13th high) RES 2: 0.7436 (Jul 16th high) RES 1: 0.7380 ( 20 day 4 H EMA) PRICE: 0.73705 @ 11:06 GMT SUP 1: 0.7370 (Jul 8thlow) SUP 2: ...

USD/JPY trades well above 124, intraday weakness only below 123.80

Jul 21, 2015 10:44 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: 124.34@10:43GMT SUP 1: 124.16 (20 day 4 HMA) SUP 2 : 123.92...

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Economy

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Technology

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