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FxWirePro: GBP/USD key resistance at 1.5419, bearish in the short term

Oct 23, 2015 14:06 pm UTC| Technicals

The Sterling rebounded strongly against US dollar from 1.5367 levels, reaching daily high at 1.5419 levels in todays European session. An attempt was made by bulls to breach 1.5419 support level in the late mid European...

FxWirePro: USD/JPY key support at 120.48, upside prevails

Oct 23, 2015 13:37 pm UTC| Technicals

USD/JPY has rebounded strongly after hitting support level at 120.48 in the early European hours to trade at 120.56 levels during US market opening, the support level at 120.48 set to hold the bears from falling further...

FxWirePro: AUD/USD key resistance at 0.72300, downside prevails in the short term

Oct 23, 2015 13:04 pm UTC| Technicals

AUD/USD rebounded strongly towards 0.7296 earlier in US session. However, the pair turned back after failing to break resistance level at 0.7300, as the Aussie ran out of strength against US dollar. The pair has to close...

FxWirePro: USD/CAD key support at 1.3090, buy deals are recommended above 1.3095

Oct 23, 2015 12:54 pm UTC| Technicals

The USD/CAD pair surged higher strongly towards 1.3140 levels after Canadian Core CPI printed negative figures. Currently pair is testing resistance level at 1.3128. The pair is set to consolidate above 1.3090 and reach...

GBP/JPY Trade idea

Oct 23, 2015 11:57 am UTC| Technicals

GBP/JPY breaks and trades well above 200 day MA and also above major resistance 185. overall trend is bullish a jump till 187.45/188.26 level. On the downside minor support is around 185.30 and any break below...

FxWirePro: USD/JPY holds well above 120 level, good to buy at dips

Oct 23, 2015 11:51 am UTC| Technicals

RES 4: 122 RES 3: 121.75 (28th Aug 2015) RES 2:121.30 ( SEP 10TH HIGH) RES 1: 120.56 (Oct 6th 2015) PRICE: 120.60 @11:50 GMT SUP 1: 120 (20 day 4 HMA) SUP 2: 119.50 (200 day HMA) SUP 3 : 119 (50%...

Cable breaks below 1.5400 handle, decline till 1.5345/1.5300 is possible

Oct 23, 2015 10:07 am UTC| Technicals

Cable major support is around 1.5400 and declined till 1. is currently trading around 1.50430 level. Break below 1.5400 confirms trend reversal, a decline till 1.5300/1.5280 is possible. Short term bullishness only...

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