FxWirePro: USD/JPY topside capped at 120.45 despite surge in Nikkei
Sep 09, 2015 05:20 am UTC| Technicals
The dollar gained against the safe-haven yen early on Wednesday, boosted by a surge in global stocks amid a recovery in risk appetite Japaneses PM Abe said govt eyeing corporate tax cut, markets now betting on more fiscal...
FxWirePro: AUD/USD remains supported above hourly 200-SMA on Lowe's comments
Sep 09, 2015 04:34 am UTC| Technicals
AUD/USD opened Wednesday 0.7018 traded 0.7015-71 in Asia; last 0.7050, largely unchanged after RBA Lowes comments Lowe said lower AUD helping Australias economy adjust, but non-mining business investment needed, didnt...

Japanese Yen trampled on as risk reaction dominates markets
Sep 09, 2015 02:56 am UTC| Technicals
A sharp rebound in investor sentiment has seen the Japanese Yen decline more than 1.2% against the US dollar since the start of the week. The US dollar gained 0.38% on the yen to trade at 120.26 on Wednesday morning...
FxWirePro: Buy GBP/JPY only above 185.45 with SL around 184.40 for the TP of 187.10/189
Sep 09, 2015 02:52 am UTC| Technicals
GBP/JPY is facing strong resistance around 185.45 and break above confirms short term bullishness and a jump till 187.10/189 cannot be ruled out . It is currently trading at 185.28. Intraday weakness only below 184...
FxWirePro: Buy USDJPY around 120.20-25 with SL around 119.60 for the TP of 121/121.75
Sep 09, 2015 02:17 am UTC| Technicals
USD/JPY breaks a short term trend line resistance (trend line joining 120.67 and 120.22) and this confirms short term bullishness , a jump till 121 cannot be ruled out. Intra day trend is bullish as long as support 119.60...
FxWirePro: GBP/USD key resistance level at 1.5332, bullish in the short term
Sep 08, 2015 16:18 pm UTC| Technicals
GBP/USD rebounded strongly in mid European session after breaking resistance at 1.5330 levels. The cable is currently trading around 1.5380 levels with overbought condition and a pullback towards 1.5350 levels can be...
FxWirePro: USD/JPY approaching support level at 119.38, buy deal are recommended around 119.50
Sep 08, 2015 14:38 pm UTC| Technicals
USD/JPY is approaching to test resistance level at 119.50. The support level at 119.50 is likely to act as strong barrier for the bears to breaks, and bring a rebound towards 120.20 and later 120.60 levels pair is set to...