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EURUSD breaks major resistance 1.1300, targets 1.1435

Oct 02, 2015 13:04 pm UTC| Technicals

EUR/USD has broken major resistance 1.1300 and this confirms short term bullishness , a jump till 1.1370/1.1436 cannot be ruled out. Short term weakness can be seen only below 1.1240 level. The minor support is...

USD/JPY breaks minor trend line resistance, targets 121.30

Oct 02, 2015 12:33 pm UTC| Technicals

USD/JPY has broken minor trend line resistance 120.15 (trend line joining 120.32 and 120.26) and break above targets 121/121.30 in short term. Intraday weakness can happen only below 120 and break below targets...

FxWirePro: USD/JPY key support at 119.50, bullish extension till 121.80 is likely

Oct 02, 2015 12:09 pm UTC| Technicals

USD/JPY has rebounded strongly after hitting minor support level at 119.65 yesterday and is bouncing to test resistance level at 120.27, the support level at 119.65 set to hold the bears from falling further below and push...

FxWirePro: GBP/USD key support at 1.5107, bullish in the short term

Oct 02, 2015 12:07 pm UTC| Technicals

GBP/USD has rebounded after hitting support level at 1.5126. The cable is currently trading around 1.5150 levels with oversold condition and a pullback towards 1.5240 levels can be expected. The currency pair is set to...

GBP/JPY Trade Idea

Oct 02, 2015 07:46 am UTC| Technicals

GBP/JPY is facing strong intra day resistance around 182 and any break above confirms intraday bullishness. Break above 182 will take the pair to next target to 182.60/ 183.18/184.40. On the downside minor support is...

FXWirePro: Yen likely to appreciate versus pounds – hedge GBP/JPY relentless slumps with backspreads

Oct 02, 2015 07:28 am UTC| Technicals

Well.., continued streaks of dips of GBPJPY are fetching us the desired yields. We have already advised bearish trend in our earlier article on 23rd, thereafter, you can have a view on daily charts (the bearish signal...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Oct 02, 2015 07:09 am UTC| Technicals Digital Currency

BTC/USD is facing strong support around $220 and any further weakness only below $220 level.It is currently trading at $224. trend is weak as long as resistance $235 holds. The major resistance is around $240 and...

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