FxWirePro: USD/CAD under pressure ahead of U.S. open, Canadian Manufacturing sales in focus
Aug 14, 2015 12:04 pm UTC| Technicals
Canadian dollar continues under pressure against the backdrop of increasing selling interest around crude oil, crude futures hit 6-1/2 lows today. Hourly price action dips below the cloud and Stochs and RSI are biased...
FxWirePro: GBP/USD key resistance level at 1.5688, bullish in the short term
Aug 14, 2015 12:02 pm UTC| Technicals
The cable has broken resistance at 1.5629 and is moving towards higher range. The pair is trying approaching to test resistance level at 1.5658, a breakout at the said resistance level will unleash a strong bullish...
FxWirePro: GBP/USD consolidates in narrow range, good to buy at dips
Aug 14, 2015 11:53 am UTC| Technicals
RES 4:1.56885 (Jul 29th high) RES3: 1.56773 (Jul 31st high) RES 2: 1.56585 (Aug 13th high) RES 1: 1.56340 (50% retracement of 1.59277 and 1.53291) PRICE: 1.55859 @ 11:58 GMT SUP 1: 1.5566 (200 day 4...
Aug 14, 2015 11:38 am UTC| Technicals
AUD/USD consolidates in narrow range 0.7320-0.7409 for the past two trading session. Major trend reversal level- 0.7385 Break above would extend gains till 0.7450/0.7500 in short term. On the downside minor support is...

EUR/USD forms BIG W pattern, break above 1.1215 confirms bullishness
Aug 14, 2015 11:31 am UTC| Technicals
EUR/USD has formed BIG W Pattern. Major resistance is around 1.2150 and any break above confirms bullishness, jump till 1.1435/1.1465. On the downside major support is around 1.1050 and break below confirms short term...

FxWirePro: USD/CHF breaks trendline support – gamma spreads hedges potential drops
Aug 14, 2015 11:28 am UTC| Technicals
As it is traced out that the pair has failed to take the trend line supports at 0.9765 on daily chart, and these drops are extended today as well 0.9730 levels. RSI oscillator has confirmed the price drops with downward...
FxWirePro: USD/JPY faces strong support at 123.50, further weakness only below that level
Aug 14, 2015 10:00 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 RES 1: 124.60 ( 20 day 4HMA) PRICE: 124.23 @09:58 GMT SUP1 : 124.30 (7 day 4 HMA) SUP2 :124.10 (23.6%...