FxWirePro: EUR/GBP rally stalls at 0.7436, good to go short
Sep 29, 2015 07:33 am UTC| Technicals
EUR/GBP rallied to 0.7435 on GBP weakness, last time cross traded at these levels was May Daily slow stochs are now closing in on overbought levels which could limit further gains EUR/GBP is currently trading at 0.7415 ,...

FxWirePro: EUR/USD forms bearish BAT pattern, good to sell on rallies
Sep 29, 2015 07:21 am UTC| Technicals
Harmonic Pattern formed: Bearish BAT Pattern Potential reversal Zone (PRZ)- 1.12750 EUR/USD has made a high of 1.12812 today and is currently trading at 1.12680 level. Overall trend is still weak as long as resistance...
FxWirePro: USD/JPY weakness likely to extend into the European session
Sep 29, 2015 06:51 am UTC| Technicals
USD/JPY knocked-off to fresh session lows ahead of Europe open, as more JPY bought back on major risk averse markets USD/JPY weakness likely to extend into the European session, cloud has thinned out, making the upside...

FxWirePro: USD/INR trades weaker after RBI rate cut, good to sell on rallies
Sep 29, 2015 06:44 am UTC| Technicals
USD/INR has made a high of 66.45 today morning and retreated from that level after RBI cuts repo rate by 50 bpbs in RBI policy meeting today. RBI cut repo rate by 50bpbs to 6.75% and kept the Cash reserve ratio (CRR)...

FxWirePro: NZD/JPY put ladder on extended bear trend
Sep 29, 2015 06:30 am UTC| Technicals
On daily charts moving averages are signifying some stress which could push the prices downwards in short term. While weekly and monthly both leading and lagging indicators to chase these slumps. We think this pair is...

FxWirePro: USD/JPY faces strong support at 119.20, good to buy at dips
Sep 29, 2015 05:58 am UTC| Technicals
USD/JPY has broken minor channel support 12005 and declined till 119.37. It is currently trading at 119.44. The pairs major trend line support is around 119.20 and any break below will target 118.60. On the...
FxWirePro: Asian markets turn risk averse boosting yen demand, AUD/JPY hits multi-week lows at 82.82
Sep 29, 2015 05:53 am UTC| Technicals
AUD/JPY downside gathers pace, sending the pair to multi-week lows at 82.82, 82.50 next target for bears. Investors seek safer havens away from risk as Asian markets turned risk averse as Mondays Chinese industrial...