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FxWirepro: AUD/USD spike on stellar Australian Oct jobs likely to be temporary, good to sell rallies

Nov 12, 2015 03:42 am UTC| Technicals

Aussie bouyed across the board after stellar Australia employment figures for the month of October set aside any chances of a rate cut from RBA for now. Data took markets by surprise, AUD crosses at new highs post data:...

EUR/USD trades above minor trendline resistance, targets 1.0900

Nov 12, 2015 03:34 am UTC| Technicals

EUR/USD has broken minor trend line resistance around 1.0740 (trend line joining 1.1050 and 1.0893) and is trading slightly well above that level. It is currently trading at 1.07630 at the time of writing. Short term...

GBP/JPY faces strong resistance at 187.70,sell on rallies

Nov 12, 2015 03:16 am UTC| Technicals

Potential Reversal Zone (PRZ) - 187.70. GBP/JPY has made a high of 187.60 and has started to decline from that level. It is trading around 187.25 level. Any break above 187.70 will take the pair till 188.25/189. On...

FxWirePro: USD/JPY key support at 122.64, buy deal are recommended around 122.80

Nov 11, 2015 14:28 pm UTC| Technicals

USD/CAD pair has begun the week declining from Fridays close to trade around 1.3250 levels after failing to break minor resistance level located at 1.3309 in the early European session today. However, decline is expected...

FxWirePro: EUR/CAD struggles to close above 1.4300, good to sell on rallies

Nov 11, 2015 12:07 pm UTC| Technicals

EUR/CAD has made a low of 1.4160 yesterday and started to recover from that level. It is currently trading around 1.4385. The pair is facing support around 1.4140 (trend line joining 1.4378 and 1.4258) and any...

GBP/USD Trade Idea

Nov 11, 2015 11:24 am UTC| Technicals

GBP/USD has retreated after making a high of 1.5180 at the time of writing after release of UK jobs data. UK Oct Claimant count Unemployment change decreased to +3.3K vs Prev +4.6K but it is slightly less than...

GBP/CAD breaks minor resistance 2.012, targets 2.020/2.027

Nov 11, 2015 11:07 am UTC| Technicals

GBP/CAD has made a low of 1.9908 and recovered from that level. It is currently trading around 2.0120. The pair is facing strong resistance around 2.1200 and break above targets 2.0200/2.0270. On the downside...

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SpaceX Shares Surge as Wall Street Backs AI Growth Potential

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