FxWirePro: EUR/USD sell below 1.0900, bearish in the short term
Jul 17, 2015 12:12 pm UTC| Technicals
EUR /USD bulls failed to close above resistance level at 1.0915. The pair is all set to resume its bearish downward trend in the coming session. The pair is currently trading around 1.0880 levels. It is expected...
FxWirePro: EUR/JPY trades modestly flat at 135.01, awaits cues from US data releases
Jul 17, 2015 12:11 pm UTC| Technicals
EUR/JPY trades directionless awaiting fresh incentives from the upcoming US macro data releases The pair trades modestly flat at 135.01, oscillating in a 30 pips narrow range Daily price action continues to rage within...
FxWirePro: USD/CHF approaching resistance at 0.9627, bullish in the short term
Jul 17, 2015 12:08 pm UTC| Technicals
USD/CHF pair is approaching to test resistance level 0.9627 levels, the pair has broken resistance at 0.9571 and is advance further towards 0.9627 levels. The pair is currently trading around 0.9586 levels. It is...
FxWirePro: AUD/USD sell below 0.7410, bearish in the near term
Jul 17, 2015 12:04 pm UTC| Technicals
AUD/USD is retreating back after falling back from 0.7418 levels towards 0.7384. The support level at 0.7418 is set to hold Aussie bulls and bring another fall later. The AUD/USD is currently trading around 0.7403...
FxWirePro: Aussie struggles to break above 0.7500, good to sell on rallies
Jul 17, 2015 10:36 am UTC| Technicals
RES 4: 0.7500 RES 3: 0.7495 (Jul 13th high) RES 2: 0.7436 (Jul 16th high) RES 1: 0.7401 ( 20 day 4 H EMA) PRICE: 0.73905 @ 10:33 GMT SUP 1: 0.7400 SUP 2: 0.7370 (Jul...
USD/JPY trades above 124, intraday weakness only below 123.60
Jul 17, 2015 09:43 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: 124.36 (Jun 24th high) PRICE: 124.09@ 09:42 GMT SUP 1: 123.70 (20 day 4 HMA) SUP 2 : 123.35(...
FxWirePro: USD/CAD trades in a tight 1.2947/83 range, overall bias is bullish
Jul 17, 2015 09:42 am UTC| Technicals
The CAD is amongst the worst performer in the G10 this week, with weakness continuing for a 3rd day after BoC cut interest rate Adding to the pressure was the U.S. dollars trading near 1-1/2 month highs against a basket...