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EUR/GBP faces strong support at 0.7050, good to sell on rallies

Jun 24, 2015 11:25 am UTC| Technicals

RES 3: 0.7210 (Jun 22nd high) RES 3: 0.7173(200 day HMA) RES 2 : 0.7132 (55 H EMA) RES 1: 0.7107 (7 day H EMA) PRICE: 0.7100 @ 11:19 GMT SUP 1: 0.7115 SUP 2: 0.7050 (May 26th low) SUP 3:...

AUD/USD struggles to close above 0.7800, decline till 0.7640 is possible

Jun 24, 2015 11:06 am UTC| Technicals

RES 4: 0.7860 RES 3 : 0.7820 (Jun 3rd high) RES 2: 0.7795 (Jun 22nd high) RES 1 : 0.7745 (200 day HMA) PRICE: 0.7739 @ 11:02 GMT SUP 1 :0.7720 (Kijun -Sen) SUP 2 :0.7670 (Jun 12th low) SUP 3 :...

USD/JPY faces strong resistance around 124.15, good to buy at declines

Jun 24, 2015 11:04 am UTC| Technicals

RES 4: 125.84 (jun 5th high) res 4 :124.50 (61.8% retarcement of 125.84 and 122.47) RES 3: 124.15 (Jun 11th high) RES 1:123.89 (7 day H EMA) PRICE: 123.92 @ 11:02 GMT Sup 1 : 123.37 (200 day HMA) ...

FxWirePro: Sell EUR/JPY below 139.00, bearish in the near term

Jun 24, 2015 10:25 am UTC| Technicals

The EUR/JPY pulled back from 138.29 level and moving towards 139.10 (61.18% retracement level). The pair is currently is trading at 139.80, it is expected decline futher towards 138.00. The market will be...

FxWirePro: Buy USD/CHF above 0.9282, up trend to continue further

Jun 24, 2015 08:16 am UTC| Technicals

USD/CHF is fast approaching near resistance at 0.9307 (61.8% Retracement level). The currency is trading at 0.9302. Major resistance is seen at 0.9307, a break above this level will open the door to 0.9345 level. To...

FxWirePro: USD/JPY approaching resistance at 124.09, buy deals are recommended above 123.80

Jun 24, 2015 07:31 am UTC| Technicals

USD/JPY is trying to break 124.09 (38.2.% Retracement level) and bounce above to reach the next Resistance level at 124.43. Later in the day, the US Q1 GDP (Gross Domestic Product) and GDP Price Index (QoQ) is set...

FxWirePro: Sell GBP/USD below 1.5805, down trend to continue further below

Jun 24, 2015 06:45 am UTC| Technicals

GBP/USD is bouncing back from 1.5710 level and trying to test 1.5812 (61.8% Retracement level). Rally in the range 1.5760- 1.5800 should be taken as advantage for selling opportunities, As GBP is weak against the...

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