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FxWirePro: USD/CAD key support at 1.3053, upside prevails in the short term

Aug 20, 2015 13:10 pm UTC| Technicals

USD/CAD has slipped after hitting resistance level at 1.3176 and is trading at 1.3089. The 1.3050 levels has been strong recovery zone for the currency pair in the recent past. Bullish rebound is set to take off around...

USD/CAD Trade idea

Aug 20, 2015 12:47 pm UTC| Technicals

USD/CAD is facing strong trend line resistance around 1.3190 (trend line joining 1.3150 and 1.3176) and break above confirms further bullishness, a jump till 1.3210 cannot be ruled out . On the downside minor support...

FxWirePro: USD/JPY key resistance at 124.49, sell deals are recommended around 124.20

Aug 20, 2015 12:17 pm UTC| Technicals

USD/JPY is approaching to break support level at 123.94. The US dollar has weakened against Japanese yen, after yesterdays Feds dovish minutes. The pair is set to decline towards 123.70 levels and later towards 123.50...

FxWirePro: EUR/USD key resistance at 1.1193, sell deals are recommended below 1.1090

Aug 20, 2015 12:02 pm UTC| Technicals

The pair is inching higher to test resistance level at 1.1193. EUR/USD is expected to flatter, below the said resistance level, as it has been stronger in the past for the bulls break and advance further. The pair is...

FxWirePro: EUR/GBP faces strong support around 0.7000, good to buy at dips

Aug 20, 2015 12:00 pm UTC| Technicals

RES 4: 0.7350 RES 3: 0.7290 (161.8% retracement of 0.7159 and 0.6949) RES 2: 0.7225 (Jul 10th high) RES 1: 0.7159 (Jul 27th high) PRICE: 0.7130@ 12:00GMT SUP 1: 0.7090 (Kijun-Sen) SUP 2: 0.7060...

FxWirePro: GBP/AUD credit call spreads for swing trade and call backspreads for hedging on healthy uptrend

Aug 20, 2015 11:56 am UTC| Technicals

We believe GBPAUD uptrend has been quite healthy as the upswings are moving with considerable corrections at the right time, it has neither been steep spikes nor steep declines and you can make out from daily charts as the...

FxWirePro: Aussie breaks short term support 0.7300, good to sell on rallies

Aug 20, 2015 11:28 am UTC| Technicals

RES 4: 0.74275 (Aug 4th high) RES 3: 0.7410 RES 2: 0.7368 (200 day 4HMA) RES 1: 0.7345 (20 day 4HMA) PRICE: 0.73085 @11:27 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250 (161.8% retracement of...

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Economy

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Science

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Technology

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MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

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Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

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