USD/JPY trades well above shorter resistance 123, jump till 125 is possible
Jul 14, 2015 10:37 am UTC| Technicals
RES 4 : 125.85 (jun 5th high) RES 3:125 RES 2: 124.36 (Jun 24th high) RES 1 : 123.71 (2nd jul high) PRICE: 123.35 @ 10:36 GMT SUP 1 : 123.37 ( 200 day 4 HMA) SUP 1: 122.60 (20 day 4 HEMA) SUP 2...
FxWirePro: EUR/JPY supported around 136.00 on broad euro strength
Jul 14, 2015 10:03 am UTC| Technicals
Markets ignored the latest fall of German ZEW economic sentiment index and Euro zones industrial production Broad euro strength continues unabated, supporting EUR/JPY at around 136.00 levels EUR/JPY price action rejects...
FxWirePro: EUR/SEK bounces on softer Sweden inflation data
Jul 14, 2015 07:58 am UTC| Technicals
EUR/SEK spiked from 9.3385 to 9.3867 after Sweden inflation data came in weaker than expected Sweden June headline -0.4% y/y vs -0.3% forecast, core +0.6% y/y vs +0.7% expected CPI release is significant given the...
FxWirePro: AUD/USD rises on upbeat Australia Business Confidence
Jul 14, 2015 05:23 am UTC| Technicals
AUD/USD opens Tuesday at 0.7404, had been trading heavily with a stronger greenback across the board Positive June business Confidence numbers buoyed the pair today, currently trading at 0.7420 with a high of 0.7422 and a...
FxwirePro: USD/JPY pares early gains, trades almost unchanged around 123.50
Jul 14, 2015 04:55 am UTC| Technicals
USD/JPY pares early gains and trades almost unchanged in the mid-Asian session The major hovers around 123.50 levels as the US dollar seems to consolidate from its recent risk-on sentiment led upsurge There wasnt much...
EURUSD is supported just above 50% Fibonacci retracement levels
Jul 14, 2015 04:18 am UTC| Technicals
Support 3- $1.0818 (61.8% Fibonacci retracement) Support 2- $1.0915 (July 7 Low) Support 1- $1.0962 (50% Fibonacci retracement levels) Spot rate- $1.1010 Resistance 1- $1.1081 (38.2% Fibonacci retracement) Resistance...
FxWirePro: EUR/JPY approaching key support at 135.96, bullish bias remains above 136.00
Jul 13, 2015 14:43 pm UTC| Technicals
EUR/JPY approaching to test support level at 135.96, currently the pair is trading at 136.26. The pair is set to advance further towards 136.60 and 137.00 later. Japanese Yen is weaker against Euro in the short and in the...