FxWirePro: USD/JPY trades tight range, hovers around 120 handle
Oct 09, 2015 08:56 am UTC| Technicals
Yen weak across the board at the end of the week, taking USD/JPY to session peaks in the 120.15/20 area. The pair is lacking conviction, losing directional strength on a mixed outlook from the Central...

EUR/USD breaks major resistance at 1.1340, targets 1.14365
Oct 09, 2015 08:16 am UTC| Technicals
EUR/USD has broken major resistance around 1.1340 and this confirms short term bullishness, a jump till 1.1370/1.14365 is possible. On the downside major support is around 1.12300 and break below targets 1.1200/1.1750....

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Oct 09, 2015 06:58 am UTC| Technicals
BTC/USD has broken major resistance $245 (200 day 4 HMA) and this confirms short term bullishness, a jump till $258/$272 is possible It is currently trading at $244.91. Short term trend is bullish as long as support $235...

EUR/CAD struggles to break above trend line resistance, decline till 1.3550 is possible
Oct 09, 2015 06:29 am UTC| Technicals
EUR/CAD has made a high of 1.4760 yesterday and retreated from that level. It is currently trading at 1.4625 The pair is facing strong trend line resistance around 1.4705 (trend line joining 1.51575 and 1.4982) and any...

FxWirePro: USD/CHF forms Big M pattern, good to sell on rallies
Oct 09, 2015 05:49 am UTC| Technicals
Pattern Formed - Big M pattern Potential Reversal Zone (PRZ) - 0.9740 USD/CHF has declined till 0.9623 after FOMC minutes released overnight shows that there will be further delay in Fed rate hike. It is currently...
FxWirePro: AUD/USD extends gains, hits session highs at 0.7288
Oct 09, 2015 05:10 am UTC| Technicals
AUD/USD grinds higher to extend past 0.7275, post FOMC minutes induced spike The pair hit session highs at 0.7288, underlying momentum is bullish, but strong resistance looms in the 0.7280/0.7300 region A close above...
Oct 09, 2015 03:45 am UTC| Technicals
Loonie has made a high of 1.3074 yesterday and started to decline from that level. Short term trend is still weak as long as resistance 1.3050 holds. On the downside major support is around 1.2970 and any break below...