FxWirePro: Sell GBP/USD below 1.5630, down trend to continue in the short term
Jul 06, 2015 19:19 pm UTC| Technicals
GBP/USD is bounced back from 1.5543(23.6% Retracement level), after ISM Non-Manufacturing data printed marginally below figure, at 56.0 against the forecast of 56.2. Which was released in the earlier US session. The...
FxWirePro: AUD/USD fails to break resistance at 0.7522, sell deals are recommended below 0.7550
Jul 06, 2015 17:53 pm UTC| Technicals
AUD/USD fell back from 0.7534 level (July 6st high ) and is trying to test support level at 0.7493 (38.2% Retracement level). The pair is currently trading around 0.7508 level. It is expected decline further towards...
FxWirePro: USD/CAD approaching key support at 1.2614, buy deals are recommended above 1.2615
Jul 06, 2015 14:55 pm UTC| Technicals
USD/CAD is approaching support level at 1.2614 (61.8% Retracement Level). The pair is set to reach 1.2650 and 1.2750 in the short term. The currency is trading at 1.2612 level, the immediate support can be seen at...
FxWirePro: EUR/USD approaching key support at 1.1022, sell deals are recommended below 1.1050
Jul 06, 2015 13:53 pm UTC| Technicals
EUR/USD opened with gap, hit lows at 1.0970, in the early the Asian session and bounced back towards 1.1095 (June 6th high). Due to Greeces no referendum vote on Sunday. The pair is currently trading around 1.1026...
FxWirePro: Buy USD/CHF above 0.9432, up trend to continue further
Jul 06, 2015 13:43 pm UTC| Technicals
USD/CHF pair is set continue its bullish bias in the short run. The pair is moving upwards to test resistance level at 0.9468. The pair is currently trading around 0.9459, it is expected to advance further towards...

NZD/USD multi-month downtrend remains intact, no major obstacles ahead of 0.6404
Jul 06, 2015 11:14 am UTC| Technicals
Expectations of RBNZOCRcuts are weighing heavily on NZD. Monthly price action has dipped below the cloud. The multi-month downtrend remains intact, with bears firmly under control. RBNZ easing (the OCR falling to 2.75% or...
EUR/GBP extends north from 0.7057 (Asia low), Varoufakis resignation supports
Jul 06, 2015 07:56 am UTC| Technicals
Downside risks for the euro have increased in the near-term as Grexit would provide a negative shock to the euro-zone economy. Probability is high for a looser ECB policy, and introduction of some re-denomination risk into...