FxWirePro: EUR/USD approaching key support at 1.1075, sell deals are recommended below 1.1075
Jul 03, 2015 13:51 pm UTC| Technicals
EUR/USD fell after hitting 1.1113 (50% Retracement level), and is trying to test 1.1075 (38.2% Retracement level). The pair is currently trading around 1.1096 level. It is expected to decline further towards 1.1000...
FxWirePro: EUR/USD trades in narrow range ahead of Greece referendum, good to buy at dips
Jul 03, 2015 12:39 pm UTC| Technicals
RES 4: 1.12500 (61.8% retracement of 1.14350 and 1.0952) RES 3: 1.1180 (support turned into resistance) RES 2: 1.1164 (55 day 4 H EMA) RES1 : 1.1106 (20 day 4 HMA) PRICE: 1.10885 @ 12:23 GMT SUP...
South Africa's growth outlook remains lacklustre, USD/ZAR likely to edge higher
Jul 03, 2015 12:30 pm UTC| Technicals
Output and new orders in South Africas private sector declined at their sharpest rates in nearly a year as the economy weakened and demand subsided, a survey showed on Friday. "The growth outlook for South Africa remains...
EUR/GBP faces strong channel resistance around 0.7150, trend reversal only above that level
Jul 03, 2015 11:41 am UTC| Technicals
RES 4: 0.7210 (Jun 22nd high) RES 3: 0.7180(200 day HMA) RES 2 : 0.7140 (38.2% retracement of 0.7387 and 0.6986) RES 1: 0.7102 (7 day 4H EMA) PRICE: 0.7099@ 11:55 GMT SUP 1: 0.7080 (Jun 23rd low) ...
USD/JPY faces resistance around 123.80, decline till 122 is possible
Jul 03, 2015 11:20 am UTC| Technicals
RES 4: 125.84 (Jun 5th high) RES 3 :125 RES 2 : 124.50 (Jun 17th high) RES 1: 123.65 (61.8 % retracement of 124.43 and 122.47) PRICE: 122.90 @ 10:31 GMT SUP 1 :122.40 (Jun 18th low) SUP 1: 122 (Jun...
kiwi bears relentless, NZD/USD heads back toward 5 year low
Jul 03, 2015 10:40 am UTC| Technicals
Kiwi is moving away slightly from five year lows reached on Thursday. Analysts are now forecasting 25bp OCR reductions in July, September and October. This will take the OCR to a low of 2.5% this year. A marked...
FxWirePro: USD/CHF rejected from 0.9500, makes intraday lows of 0.9406
Jul 03, 2015 09:55 am UTC| Technicals
USD/CHF gains yesterday were capped close to the Jun 5 spike high at 0.9502. The pair fell to fresh daily lows as the dollar came under broad pressure following disappointing US jobs data. Pullbacks today extended...