FxWirePro: Commodity currencies recover some ground, NZD/USD hits session highs at 0.6402
Sep 28, 2015 04:49 am UTC| Technicals
The Antipodeans struggled for traction on Monday after the Federal Reserve revived expectations of a rate hike by year-end The dollar rose to its highest in over a month last Friday, but has since been consolidating,...
FxWirePro: Sell GBP/USD on rallies around 1.5203-205 with SL of 1.5251 for the TP of 1.5135/1.5051
Sep 28, 2015 03:22 am UTC| Technicals
Cable has broken major support 1.5200 and declined till 1.5135 on Friday. It is currently trading at 1.5203. Short term trend is still weak as long as resistance 1.5250 holds. Any break above 1.5250 will take the pair to...
FxWirePro: USD/JPY key support at 120.50, bullish in the short term
Sep 25, 2015 14:56 pm UTC| Technicals
USD/JPY has slipped lower towards 120.50 levels after failing to break resistance level located at 121.42 in the mid European session. However, the pair has managed to rebound after testing minor support level located at...

FxWirePro: Shorts on USD/CAD PRBS derive certain yields – shooting star signifies longs function
Sep 25, 2015 13:36 pm UTC| Technicals
Technical glance: As an evidence of the below recommendation, we traced shooting star yesterday at 1.3300 levels that signal intermediate correction is underway in near future ahead. The formation of this bearish...
Sep 25, 2015 13:14 pm UTC| Technicals
Despite ultra-loose monetary policy in Sweden, the krona has struggled to weaken past 9.70 against the euro this year. The possibility that the ECB could extend or add more stimulus, combined with the uncertainty around...
FxWirePro: USD/CHF key support at 0.9754, upside prevails in the short term
Sep 25, 2015 12:49 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9790 levels, after failing to break above 0.9840 resistance levels. The pair has been trading in a narrow range off late, and a strong rebound is expected to take place sooner or...
FxWirePro: USD/CAD key support at 1.3302, bullish extension till 1.3450 likely
Sep 25, 2015 12:13 pm UTC| Technicals
USD/CAD has declined sharply to trade around 1.3312 levels, after hitting highest level since 2004 at 1.3418 levels yesterday. However, the pair is expected to rebound once again to reclaim 1.3400 levels and reach further...