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FxWirepro: USD/JPY faces strong resistance around 125, good to sell on rallies

Aug 20, 2015 10:52 am UTC| Technicals

RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2: 125.30 (Aug 12th high) RES 1:125 PRICE: 124 @10:48 GMT SUP 1 : 123.75 (200 day 4 HMA) SUP 2: 123.50 ( Jul 31st...

FxWirePro: GBP/USD hits fresh session low at 1.5603 on weak UK retail sales data

Aug 20, 2015 09:54 am UTC| Technicals

GBP/USD dragged to session low at 1.5605 after UK Retail Sales came in below forecasts, rose a meagre 0.1% from June and 4.2% y/y The upward revision to the previous months print failed to have any positive...

FxWirePro: Sell USD/CAD on rallies around 1.31620-650 with SL around 1.3190 for the TP of 1.3055

Aug 20, 2015 09:46 am 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 is...

FxWirePro: Sell GBP/JPY around 193.50-55 with SL around 194.20 for the TP of 192.60/192

Aug 20, 2015 09:09 am UTC| Technicals

GBP/JPY has broken short term trend line support 193.60 which confirms short term bearishness, decline till 192.60/192 cannot be ruled out . Intraday resistance is around 194.20 and any break above targets...

FxWirePro: Sell GBP/JPY around 193.50-55 with SL around 194.20 for the TP of 192.60/192

Aug 20, 2015 09:09 am UTC| Technicals

FxWirePro: Option straps on job to hedge EURAUD upside risks – hold on until expiry

Aug 20, 2015 08:03 am UTC| Technicals

Although daily prices remained well above 10 day moving average, this has not been the case with intraday charts. As we know moving average is a lagging indicator, price sentiments for now is little bullish and average...

BTC/USD trades below major support $248, decline till $200 is possible

Aug 20, 2015 07:55 am UTC| Digital Currency Technicals

BTC/USD has broken major support $248 (200 day MA) and declined till $220 It is currently trading at $232. Short term trend is bearish as long as resistance $247 holds. The major resistance is around $248 (200 day...

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