
FxWirePro: BTC/USD takes support near 200 day 4HMA, good to buy at dips
Aug 17, 2015 09:15 am UTC| Technicals
BTC/USD has made a low of $250 and slightly recovered from that level. It is currently trading at $256. Short term trend is bullish as long as support $247 holds. The major support is around $247 (200 day MA) and break...

FxWirePro: GBP/USD rejected at 1.5688 highs, good to short rallies
Aug 17, 2015 07:50 am UTC| Technicals
Sterling boosted from BoEs Forbes hawkish comments suggesting that a rate hike is needed well before inflation reaches the 2% target GBP/USD hits days high at 1.5688 into European open before edging lower, weakness...

EUR/USD struggles to break 1.1218, decline till 1.0925 is possible
Aug 17, 2015 07:49 am UTC| Technicals
EUR/USD is facing strong resistance around 1.2180 and not able to break that level. It has made a high of 1.2120 and started retreating from that level. The pairs major intraday support is around 1.10790 (Aug 13th...

GBP/NZD faces strong resistance around 2.4025, break above targets 2.5300
Aug 17, 2015 06:56 am UTC| Technicals
Pattern formed - Descending triangle GBP/NZD faces strong resistance around 2.4025 and any break above confirms further bullishness , a jump till 2.45 (161.8% retracement of 2.4027 and 2.3147)/2.53 (161.8% projection...
FxWirePro: Broad USD strength supports USD/JPY higher, weakness only below 124.06
Aug 17, 2015 06:08 am UTC| Technicals
USD broadly supported on Monday after upbeat US macro economics data on Friday further reinforced Sept rate hike expectations. Yen bulls take a back seat following disappointing GDP figures, GDP growth fell 0.4% in the...

FxWirePro: GBP/AUD faces strong support around 2.100, good to buy at dips
Aug 17, 2015 06:07 am UTC| Technicals
GBP/AUD has made a high of 2.1526 and low of 2.090 in previous week. Overall trend is still bullish as long as support 2.100 holds. It has formed almost like double top around 2.1527 and any further bullishness only...

FxWirePro: GBP/JPY faces strong resistance around 195, good to buy at dips
Aug 17, 2015 05:53 am UTC| Technicals
GBP/JPY has made a low of 192.26 in past week and recovered from that level. Major weekly trend reversal level- 192 break below 192 will drag the pair further down till 191/190.50. The short term trend reversal level-...