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FxWirePro: EUR/GBP faces strong resistance around 0.7450, good to sell on rallies

Oct 08, 2015 11:55 am UTC| Technicals

RES 4: 0.7480 (May 5th 2015) RES 3: 0.7450 (Oct 2nd 2015) RES 2: 0.7420 RES 1: 0.7386 (20 day 4 HMA) PRICE: 0.7370 @ 11:48 GMT SUP 1: 0.7340 (38% retracement of 0.7195 and 0.74425) ...

FxWirePro: GBP/USD drops towards 1.5300 on dovish MPC minutes, sell rallies

Oct 08, 2015 11:38 am UTC| Technicals Central Banks

GBP/USD rejected at 1.5372, slips towards 1.5300 on dovish UK CPI forecast via MPC minutes. BoE on hold in 8-1 vote as expected, giving no indication it is any closer to raising rates The c.bank said annualized...

FxWirePro: USD/JPY trades in narrow range, good to sell on rallies

Oct 08, 2015 11:29 am UTC| Technicals

RES 4: 121.75 (28th aug high) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 120.56 (Oct 6th 2015) RES 1: 120.15 (200 day 4 H EMA) PRICE: 119.85 @11:28 GMT SUP 1: 119.50 (38.2% retracement of 116.07...

EUR/NZD Trade Idea

Oct 08, 2015 11:00 am UTC| Technicals

EUR/NZD has made a low of 1.6876 (trend line joining 1.6389 and 1.6410) and recovered from that level. Any further weakness can be seen only below trend line 1.6875 and break below targets 1.6800/1.6745. The...

FxWirePro: Delta risk reversal signals most likely EUR/GBP short term upswings

Oct 08, 2015 10:26 am UTC| Technicals

Well.., bulls gaining buying interest back again as 1W - 3M ATM contracts showing neutral flashes which is a positive note for EURGBPs strength, you can spot out this from the nutshell, but this is yet to be confirmed in...

EUR/CAD faces strong trend line resistance around 1.4760, break above targets 1.5815

Oct 08, 2015 09:53 am UTC| Technicals

EUR/CAD has made a low of 1.4540 yesterday and recovered from that level. It is currently trading at 1.4735 The pair is facing strong trend line resistance around 1.4760 and any break above confirms short term...

Gold drops on profit taking, short on rallies

Oct 08, 2015 09:29 am UTC| Technicals

Bullion was sold off on Thursday as traders from China decided to take profits after they returned to work from a long holiday. The price of gold declined 0.48% to trade at $1,143.20 per troy ounce during the trading...

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