USD/CAD breaks trend line support at 1.2295, good to sell on rallies
Jun 24, 2015 11:46 am UTC| Technicals
RES 4: 1.23950 (61.8% retracement of 1.25617 and 1.2126) RES 2: 1.2381 (Cloud top) RES 2: 1.2359 (Jun 15th high) RES 1: 1.2329 (Kijun-Sen) PRICE: 1.23053 @ 11:37 GMT SUP 1: 1.2307 (7 day 4 H EMA) SUP 2:...
FxWirePro: Buy USD/CAD above 1.2300, up trend to continue further
Jun 24, 2015 11:37 am UTC| Technicals
The pair is moving upwards to test resistance level at 1.2341 and is bouncing above to reach resistance level soon. CAD is weak against the dollar in the short term due to dollar index rally around 95.45. Later in...
EUR/GBP faces strong support at 0.7050, good to sell on rallies
Jun 24, 2015 11:25 am UTC| Technicals
RES 3: 0.7210 (Jun 22nd high) RES 3: 0.7173(200 day HMA) RES 2 : 0.7132 (55 H EMA) RES 1: 0.7107 (7 day H EMA) PRICE: 0.7100 @ 11:19 GMT SUP 1: 0.7115 SUP 2: 0.7050 (May 26th low) SUP 3:...
AUD/USD struggles to close above 0.7800, decline till 0.7640 is possible
Jun 24, 2015 11:06 am UTC| Technicals
RES 4: 0.7860 RES 3 : 0.7820 (Jun 3rd high) RES 2: 0.7795 (Jun 22nd high) RES 1 : 0.7745 (200 day HMA) PRICE: 0.7739 @ 11:02 GMT SUP 1 :0.7720 (Kijun -Sen) SUP 2 :0.7670 (Jun 12th low) SUP 3 :...
USD/JPY faces strong resistance around 124.15, good to buy at declines
Jun 24, 2015 11:04 am UTC| Technicals
RES 4: 125.84 (jun 5th high) res 4 :124.50 (61.8% retarcement of 125.84 and 122.47) RES 3: 124.15 (Jun 11th high) RES 1:123.89 (7 day H EMA) PRICE: 123.92 @ 11:02 GMT Sup 1 : 123.37 (200 day HMA) ...
FxWirePro: Sell EUR/JPY below 139.00, bearish in the near term
Jun 24, 2015 10:25 am UTC| Technicals
The EUR/JPY pulled back from 138.29 level and moving towards 139.10 (61.18% retracement level). The pair is currently is trading at 139.80, it is expected decline futher towards 138.00. The market will be...
FxWirePro: Buy USD/CHF above 0.9282, up trend to continue further
Jun 24, 2015 08:16 am UTC| Technicals
USD/CHF is fast approaching near resistance at 0.9307 (61.8% Retracement level). The currency is trading at 0.9302. Major resistance is seen at 0.9307, a break above this level will open the door to 0.9345 level. To...