EURGBP fails to sustain above 0.7200 levels, BOE in focus
Jul 09, 2015 09:06 am UTC| Technicals
Support 3- 0.7057 (Daily low July 6) Support 2- 0.7112 (Daily low July 8) Support 1- 0.7150 (21 DMA) Spot Rate- 0.7171 Resistance 1- 0.7225 (Hourly high July 9) Resistance 2- 0.7246 (Daily Cloud base) Resistance 3-...

FxWirePro: USD/ZAR down sharply, daily Stochs poised for a bearish crossover
Jul 09, 2015 08:00 am UTC| Technicals
USD/ZAR dropped sharply in todays trade after hitting monthly highs (12.58) yesterday. Momentum looks bearish with daily Stochs poised to cross bear side from a high point Pair could extend falls, major support...

FxWirePro: EUR/GBP testing resistance at 0.7229, call ladder for short term hedgers
Jul 09, 2015 07:44 am UTC| Technicals
What a puzzling around EUR/GBP, tight range is holding being adamant to test crucial resistance and supports. The pair is testing a crucial resistance now at around 0.7229 levels, yesterday early Europe sessions we...
FxWirePro: USD/JPY extends overnight recovery, hits fresh daily highs of 121.52
Jul 09, 2015 06:44 am UTC| Technicals
USD/JPY grinding higher, extends overnight recovery from fresh 2-month lows on Wednesday The major continues to remain support as generalized risk-off environment seems to have eased, reducing the demand for yen as a...
FxWirePro: GBP/USD up in Asian trade, sees strong resistance at 1.5474
Jul 09, 2015 06:03 am UTC| Technicals
GBP/USD up 20pts in Asian trade; days range 1.5355-1.5413. Bearish setup remains intact, with daily price action dipping into cloud. Domestically, following the release of the RICS house price survey overnight, the only...
AUD modestly lifted by labour data and solid start to China equity trading
Jul 09, 2015 05:09 am UTC| Technicals
Australian labour report for June showed total employment rose 7.3k, the expectations were for a flat print. The Australian dollar got a modest lift from the data. The better than expected outcome plus a solid start to...
USD/SGD follows choppy China stock markets
Jul 09, 2015 03:14 am UTC| Technicals
Shanghai index rallies from early sales, iron ore prices track stocks bounce too Pair rallies to 1.3523 early but retreated to 1.3500 again Greek uncertainty to support the parity Pair last at...