
GBP/JPY forms shooting star pattern ,targets 184.95
Sep 17, 2015 03:57 am UTC| Technicals
Candle stick pattern- Shooting star GBP/JPY has recovered till 187.24 after making a low of 184.25. The pairs major resistance is around 187.50 and any further bullishness only above 187.50. Any break above 187.50...

FxWirePro: USD/CHF faces strong resistance around 0.9770, good to sell on rallies
Sep 17, 2015 03:10 am UTC| Technicals
USD/CHF declined till 0.96695 aftermaking a high of 0. is currently trading at 0.9704. The pair is facing strong trend line resistance around 0.9770 and any intraday jump can be seen only above that level Overall trend...

FxWirePro: USD/JPY forms bearish cypher pattern,good to sell on rallies
Sep 17, 2015 02:25 am UTC| Technicals
Pattern formed- Bearish cypherPotential Reversal Zone (PRZ)- 121.30 USD/JPY is consolidating between 119.60 and 120.75 for the past two trading session on account of FOMC meeting which is to be held on Sep 17th...
FxWirePro: EUR/USD key resistance at 1.1328, downside prevails in the short term
Sep 16, 2015 14:37 pm UTC| Technicals
>The Euro declined against dollar in European session after Eurozone inflation printed negative figures. However, the pairs rebounded to pare all the losses back, after the release of Core CPI figures from the US...
FxWirePro: CAD/JPY option straps for hedging on fragile short term uptrend
Sep 16, 2015 13:09 pm UTC| Technicals
BoJs easing (QQE) has been deferred due to a contraction in GDP in Q3 15; the BoJ attaches importance to the risk of inflation expectations weakening due to such an exchange rate move. In this sense, the recent drop in...
FxWirePro: GBP/USD key resistance at 1.5482, sell deals are recommended below 1.5460
Sep 16, 2015 13:03 pm UTC| Technicals
>The cable has rebounded strongly from 1.5350 levels, after British wage data was released from UK in mid European session. The cable was further supported after the release of CPI figures from US market which infused...
FxWirePro: EUR/GBP faces strong resistance around 0.7360, good to sell on rallies
Sep 16, 2015 12:22 pm UTC| Technicals
RES 4 : 0.7420 (Aug 24th high) RES 3: 0.7395 ( Sep 1st high) RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES1 0.7320 (20 day 4 HMA) PRICE: 0.7270@ 12:20 GMT SUP 1: 0.7240...