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FxWirePro: Buy USD/CAD at dips around 1.3320-25 with SL around 1.3249 for the TP of 1.3480/1.3550

Sep 23, 2015 17:56 pm UTC| Technicals

Loonie has broken major resistance 1.3350 which confirms short term bullishness and a jump till 1.3550 cannot be ruled out. It is currently trading at 1.3325. Short term weakness can be seen only below 1.3250. Any break...

FxWirePro: EUR/JPY key resistance at 134.81,sell deals are recommended below 134.60

Sep 23, 2015 15:12 pm UTC| Technicals

>EUR/JPY has rebounded strongly from 133.70, after the pair found strong bullish momentum after hawkish ECB meeting. The pair continues to remains in bearish territory as it is trading below strong resistance level located...

FxWirePro: USD/CHF key support at 0.9714, bullish in the short term

Sep 23, 2015 14:17 pm UTC| Technicals

>The USD/CHF pair rallied initially to test resistance level at 0.9784 in the early European session. However, after failing to break resistance level at 0.9784, the pair slipped back to test 0.9736 support level. The pair...

FxWirePro: EUR/USD key resistance at 1.1180, bearish in the short term

Sep 23, 2015 12:30 pm UTC| Technicals

>EUR /USD after hitting daily lows at 1.1107, has made a short squeeze towards 1.1170 levels, the gains should be limited around 1.1180 minor resistance level and the pair is expected to flatter further towards 1.1100 and...

FxWirePro: USD/CAD key support at 1.3210, buy deals are recommended above 1.3220

Sep 23, 2015 12:14 pm UTC| Technicals

>USD/CAD has slipped back towards 1.3234 levels, after failing to break 1.3300 psychological levels. However, the pair may extend its weakness up to 1.3210 levels and consolidate to reach higher levels, as this area has...

EUR/USD trade idea

Sep 23, 2015 11:58 am UTC| Technicals

EUR/USD has made a low of 1.1107 and slightly recovered from that level. It is currently trading at 1.1222. The pairs major intraday resistance is around 1.11570 and any further bullishness can be seen only above that...

FxWirePro: USD/CAD edges lower, but holds above the 1.32 handle

Sep 23, 2015 11:51 am UTC| Technicals

Loonie received some respite from the oil price recovery backed by the latest API stockpiles report, which showed a bigger-than expected drop in the crude reserves API said U.S. crude stockpiles fell 3.7 million barrels...

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