EUR/GBP faces strong resistance around 0.7250, break above targets 0.7320
Jul 10, 2015 12:35 pm UTC| Technicals
RES 4: 0.7325 RES 4: 0.729525 (61.8% retracement of 0.7482 and 0.6986) RES 3: 0.7250 (Jun 16th high) RES 2: 0.7210 (Jun 22nd high) PRICE: 0.72085@ 12:34 GMT SUP 1: 0.7180 (200 day 4HMA) SUP 2:...
FxWirePro: AUD/USD struggles to close above 0.7500, good to sell on rallies
Jul 10, 2015 11:58 am UTC| Technicals
RES 4: 0.7580 (Cloud top) RES 3: 0.7548 (55 day 4H EMA) RES 4 : 0.7532 (Jul 6thhigh) RES 3: 0.7500 PRICE: 0.7468@ 11:43 GMT SUP 1: 0.7430 (20 day 4 HMA) SUP 2: 0.7370 (Jul...
USD/JPY trade above short term resistance 122, good to buy at dips
Jul 10, 2015 11:08 am UTC| Technicals
RES 4 : 123.71 (2nd jul high) RES 3 : 123.03 (61.8% retracement of 125.84 and 121.30) RES 2: 122.92 (Jul 6TH HIGH) RES 1: 122.36 (55 day 4 H EMA) PRICE: 122.35 @ 10:53 GMT SUP 1 : 121.78 ( 7 day 4 H...
Canadian dollar edges up on higher Oil Prices, Employment Eyed
Jul 10, 2015 09:12 am UTC| Technicals
Support 3 1.2621 (July 6, 2015) Support 2 1.2650 (10, 25, 50 DMA) Support 1- 1.2672 (July 10, 2015) Spot Rate- 1.2721 Resistance 1 1.2744 Resistance 2 1.2780 (Daily Cloud base) Resistance 3 1.2833 (March...
FxWirePro: Risk-on trades boosted as Greece optimism creeps in, USD/JPY trades higher at 121.99
Jul 10, 2015 06:45 am UTC| Technicals
Signs that Chinese equities are stabilising and Greece optimism helping risk sentiment across the board, could lead to further consolidation and pullback in the JPY crosses The safe-haven yen duly retreated, allowing the...
FxWirePro: EUR/USD down from overnight highs, but stays firm into European open
Jul 10, 2015 05:51 am UTC| Technicals
EUR up in early trade, stays firm into European open The common currency peaked at $1.11250 overnight, but was unable to sustain gains, a clear signal that euro bulls were none too excited just yet Rising optimism...
FxWirePro: AUD/USD minor pullback from Wed's low, outlook still bearish
Jul 10, 2015 04:49 am UTC| Technicals
AUD/USD is making a minor recovery from lows of 0.7371 on Wed, but long-term outlook still remains bearish Upbeat Australia employment data and improved risk appetite supportive Greek debacle will be in focus over the...