FxWirePro: USD/CHF to extend bullish trend, buying at dips targets 40-45 pips
Nov 25, 2015 09:48 am UTC| Technicals
It has been a strong uptrend for dollar against Swiss franc for last one month or so. These upswings are in conformity with volumes actions. Today the pair has been able to bounce above to touch resistance 1.0232...
FxWirePro: Copper faces strong support around 2.05, good to buy at dips
Nov 25, 2015 09:44 am UTC| Technicals
Copper has broken trend line resistance 2.056 and jumped till 2.0820. It is currently trading around 2.054. On the lower side it is facing support around 2.050 (Cloud bottom) and break below targets...
EUR/GBP topside capped by 21 DMA at 0.7079, further bullishness only on breaks above
Nov 25, 2015 09:38 am UTC| Technicals
EUR/GBP topside capped by 21 DMA at 0.7079, further bullishness only on breaks above. 21 DMA at 0.7079 continues to exert bearish pressure on EUR/GBP, recovery attempts in the pair have been capped at 21...
Amazon Resets User Passwords As A Precautionary Move
Nov 25, 2015 09:26 am UTC| Technicals
According to recent reports, retail giant Amazon has force-reset an unknown number of user accounts, over fears of a possible security breach. ZDNet first reported the issue. It said that several readers received an...
FxWirePro: USD/JPY short term weakness to extend, build fresh put ladders for hedging
Nov 25, 2015 09:10 am UTC| Technicals
The mixed bag of recent U.S. economic numbers would mean that market sentiments of this pair have been speculative ahead of next months fed rate decision. We dont see any reasons to short dollar but short term...
Nov 25, 2015 08:35 am UTC| Technicals
We could foresee lot of speculations happening around USDJPY currency cross. Despite the preliminary Q/Q GDP in U.S. posted upbeat numbers at 2.1% which is an increase from previous 1.5% and trade deficit has been...
GBP/AUD breaks major support 2.078, decline till 2 cannot be ruled out
Nov 25, 2015 08:03 am UTC| Technicals
Major support -2.078 (Oct 12th low) GBP/AUD has broken major support 2.0780 and confirms major trend reversal , a decline till 2.0500 (200 day MA)/2 is possible . Short term trend reversal can happen only above...
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