
FxWirePro: AUD/NZD weekly gravestone priced-in daily downswings – strips well suitable for hedging
Sep 24, 2015 08:52 am UTC| Technicals
Technical observation: We traced out bearish gravestone doji pattern around 1.1218 levels on weekly charts in earlier post, and leading oscillators to substantiate current price fluctuations. Now the rest all is history...
FxWirePro: EUR/USD extends gains above 1.20 handle, German IFO data awaited
Sep 24, 2015 07:42 am UTC| Technicals
The single currency extended gains in late Asian session, and broke above the 1.20 barrier. EUR/USD is holding above 1.1200 heading into the European Session, as markets await German IFO data Expectations are...

Sep 24, 2015 07:36 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...

GBP/AUD breaks trend line resistance around 2.185, jump till 2.2200 is possible
Sep 24, 2015 07:30 am UTC| Technicals
GBP/AUD has broken short term trend line resistance around2.1850 (trend line joining 2.2103 and 2.1866) and a jump till 2.200/2.2200 cannot be ruled out The pairs minor resistance is around 2.200 and any break above would...

EUR/USD breaks trend line resistance at 1.1195, jump till 1.1330 is possible
Sep 24, 2015 06:43 am UTC| Technicals
EUR/USD has broken trend line resistance (trend line joining 1.13288 and 1.12132) and this confirms intraday bullishness, a jump till 1.1320 cannot be ruled out . On the lower side major support is around 1.1150 and...
FxWirePro: USD/JPY hits session lows at 119.86, Nikkei plunge boosts yen demand
Sep 24, 2015 06:32 am UTC| Technicals
USD/JPY opened Asia 120.29 after moving in a narrow range during US session overnight The pair fell below 120.00 as sharp fall in Japans stocks reinforced risk-aversion across the board, boosting yen...
AUD/USD likely to reach 0.75 by year end
Sep 24, 2015 06:31 am UTC| Technicals
The Australian dollar has extended its depreciating trend over the past month, with AUD/USD briefly falling below 0.70 for the first time April 2009. The main drivers behind this latest leg lower were further declines in...