
FxWIrePro : Silver takes support near trend line support around $14.30, good to sell on rallies
Sep 16, 2015 11:57 am UTC| Technicals
Silver has taken short term trend line support around $14.30 and recovered from that level. It is currently trading at $14.54. The commodity is facing strong support around $13.99 and any break below will drag the...
FxWirePro: EUR/GBP slammed further, 200-HMA at 0.7311 flips to resistance
Sep 16, 2015 11:56 am UTC| Technicals
Euro is relentlessly offered across the board amid ripening risk sentiment ahead of the US inflation data The single currency came under renewed selling pressure after the Eurozone CPI figures disappointed markets,...
FxWirePro: USD/CAD extends consolidation phase, overall bias higher
Sep 16, 2015 11:34 am UTC| Technicals
USD broadly offered as market drifts on position adjustment ahead of FOMC, while oil rose on after an unexpected drawdown in U.S. stockpiles USD/CAD trades in a tight range as market participants largely on sidelines...

FxWirePro: Gold consolidates in narrow range, good to sell on rallies
Sep 16, 2015 10:18 am UTC| Technicals
Gold has broken major support $1115 and declined till $1101. It is currently trading at $1107. Overall trend is still bullish as long as support $1120 holds. On the downside major support is around $1100 and break below...
FxWirePro: Buy GBP/JPY only above 185.65 with SL around 184.90 for the TP of 186.65/187.30
Sep 16, 2015 09:31 am UTC| Technicals
GBP/JPY major trend line resistance is around 185.65 and break above confirms short term bullishness, jump till 186.65/187.20 cannot be ruled out. It has formed temporary bottom around 184.20 and any weakness only below...

FxWirePro: USD/CHF faces trend line resistance around 0.9770, good to sell on rallies
Sep 16, 2015 09:04 am UTC| Technicals
USD/CHF recovered till 0.97633 after making a low of 0.96675. It is currently trading at 0.9732. The pair is facing strong trend line resistance around 0.9770 and any intraday jump can be seen only above that...
Sep 16, 2015 07:41 am UTC| Technicals
EUR/GBP extends gains for the second straight session on Wednesday, GBP dented by poor CPI data on Tuesday Gains in the day faltered ahead of channel top resistance at 0.7360, and the pair has edged lower to currently...