Aussie struggles to close above 0.7400, decline till 0.7250 cannot be ruled out
Aug 13, 2015 11:53 am UTC| Technicals
RES 4: 0.7450 (Jul 21st high) RES 3: 0.74275 (Aug 4th high) RES 2: 0.7410 (200 day 4HMA) RES 1: 0.7347 (20 day 4 HMA) PRICE: 0.73375 @11:52 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250...
FxWirePro: USD/CAD edges lower from session highs at 1.3016, strong support seen at 1.2934
Aug 13, 2015 11:49 am UTC| Technicals
Dovish shift in Fed expectations post PBOC weighed on USD Wednesday USD broadly stronger today after PBOCs Yi Gang comments on the yuan returned risk-on in the markets USD/CAD rebounded from yesterdays 1.2952 base,...
FxWirePro: EUR/USD to break below 1.1046 levels on strong U.S. retail sales
Aug 13, 2015 11:46 am UTC| Technicals
EUR/USD failed to break above 1.1210 levels and is hovering near 1.1110 levels ahead of U.S. retail sales data. U.S. retail sales data is expected to rebound to 0.5% in July, as compared to -0.3% in June. Strong data...
FxWirePro: EUR/GBP faces strong resistance around 0.7220, good to sell on rallies
Aug 13, 2015 11:08 am UTC| Technicals
RES 4: 0.7290 (161.8% retracement of 0.6949 and 0.7160) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7159 (Jul 27th high) RES 1: 0.7125 (7 day 4 HEMA) PRICE: 0.7111@ 12:25 GMT SUP 1: 0.7100 (20 day 4 H...
FxWirePro: USD/JPY consolidates around narrow range, good to buy at dips
Aug 13, 2015 10:27 am UTC| Technicals
RES 4: 127.93 (161.8% retracement of 125.85 and 120.40) RES 3: 126.88 (161.8% retracement of 124.43 and 120.45) RES 2 : 125.85 (jun 5th high) RES 1:125 PRICE: 124.53 @10:24 GMT SUP1 : 124.40 (7 day 4...

CAD/JPY struggles to break above 96 level, targets 94.95
Aug 13, 2015 09:29 am UTC| Technicals
CAD/JPY is facing strong resistance around 96 and any trend reversal can be seen only above that level. It has made a high of 95.94 today and started to decline from that level. Any break above 96 will take the pair to...

FxWirePro: NZD/JPY short put ladder hedges short term bull run and resumption of bear trend
Aug 13, 2015 08:15 am UTC| Insights & Views Technicals
On daily charts moving averages are signifying some price stability which could propel the prices towards north in short term. While leading oscillators like RSI and stochastic are puzzling this uptrend rallies. We think...