USD/CAD trades well below major support 1.3290, decline till 1.3160 is possible
Nov 19, 2015 06:47 am UTC| Technicals
Potential Reversal Zone (PRZ) - 1.3290 Loonie has broken major support 1.3290 and declined till 1.3250 level. Overall trend is bearish as long as resistance 1.3300 holds. Any break above 1.3300 will take the...
FxWirePro: Use any USD/JPY abrupt rallies to build put ladders
Nov 19, 2015 06:16 am UTC| Technicals
We think current macro situations in US lead the fed rate hike almost in December, but in this another 1 month time for December meeting until then if worse numbers flashes in then again rate speculation would still be...
Trading Cable on UK retail sales
Nov 19, 2015 06:07 am UTC| Technicals
Cable has broken major resistance 1.5250 and jumped till 1.52940. Intraday trend is bullish as long as support 1.5220 holds. Market is expected to move further only after the UK retail Sales data. UK retail sales data is...
EUR/USD breaks minor trend line resistance, targets 1.0820
Nov 19, 2015 03:08 am UTC| Technicals
EUR/USD has broken minor trend line resistance around 1.0700 (trend line joining 1.08292 and 1.08068) and a jump till 1.0770/1.0800 is possible . On the downside minor support is around 1.06600 and break below 1.0660...
FxWirePro: USD/JPY key support at 122.80, bullish in the short term
Nov 18, 2015 15:45 pm UTC| Technicals
USD/JPY pair has inched higher in US session towards 123.37 levels supported by healthy US building permits which came in line with expectations. Currently the pair is making an attempt to break resistance at 123.49 and...
FxWirePro: USD/CAD key support at 1.3294, buy deals are recommended around 1.3300
Nov 18, 2015 15:02 pm UTC| Technicals
USD/CAD slipped backwards after towards at 1.3300 levels in the early European session. However, after finding support at 1.3300 levels, the pair has rebounded strongly to trade around 1.3332 levels. The pair remains...
FxWirePro: EUR/USD key resistance at 1.0689, downside prevail in the short term
Nov 18, 2015 14:17 pm UTC| Technicals
The pair found bullish momentum in the early European session as the pair found some short term buying interest. The pair briefly tested resistance level at 1.0689 but failed to advance further. Any upside should be...
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