FxWirePro: USD/JPY recovers from session lows at 119.76, trades above 120 handle
Oct 07, 2015 05:18 am UTC| Technicals
USD/JPY struck fresh session lows at 119.80 in an immediate reaction to the Bank of Japan monetary policy decision BoJ left the monetary policy settings unchanged with asset purchases to increase at an annual pace of...
FxWirePro: Solid rise in dairy prices boosts NZD, NZD/USD pops to 7-week highs
Oct 07, 2015 04:45 am UTC| Technicals
The New Zealand dollar rose to hit seven-week highs on Wednesday boosted by a solid rise in dairy price GlobalDairyTrade Price Index rose 9.9% at the latest Fonterra auction, climbing of the fourth event in a row The...
FxWirePro: Buy GBP/JPY at dips around 183 -183.05 with SL around 182.25 for the TP of 184.40/185
Oct 07, 2015 02:59 am UTC| Technicals
GBP/JPY has broken major resistance 183.20 and jumped till 183.36. It is currently trading at 183.05. The pairs minor trend line support is around 182.50 and any break below targets 182/181.60. On the higher side minor...
Canadian trade deficit widens in August
Oct 06, 2015 15:23 pm UTC| Technicals
Canadas trade deficit widened to $2.5 billion in August, from $817 million during the month prior. Exports slid 3.6%, while imports inched up by 0.2%. In real terms, the picture was a little better, with export volumes...
FxWirePro: EUR/USD key support at 1.1238, sell deals are recommended around 1.1230
Oct 06, 2015 13:44 pm UTC| Technicals
EUR /USD pair made some gains against US dollar in todays European session after buyers stepped in, however, the gains were limited and the pair fell back towards 1.1200 levels after hitting resistance at 1. resistance...
FxWirePro: USD/CAD key résistance at 1.3134, sell deals are recommended below 1.3140
Oct 06, 2015 13:21 pm UTC| Technicals
USD/CAD has slipped back towards 1.3117 levels, after failing to hold above1.3134 levels, Currently the pair is testing support level at 1.3111. The résistance level at 1.3134 is set to hold the bulls advancing...
FxWirePro: USD/CHF key support at 0.9720, upside prevails in the short term
Oct 06, 2015 12:42 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9725 levels, after failing to break above 0.9768 levels. The pair has been trading in a narrow range off late, and a strong rebound is expected to take place sooner or later around...