
FxWirePro: GBP/AUD consolidates in narrow range, good to sell on rallies
Nov 09, 2015 06:05 am UTC| Technicals
GBP/AUD has made a low of 2.1130and recovered from that level. Overall trend is still weak as long as resistance 2.175 holds. Pound sterling is expected to trade weaker as BOE to remain hold for some time awaits UK...

FxWirePro: Short EUR/JPY via debit spreads and backspreads for aggressive bears
Nov 09, 2015 06:01 am UTC| Technicals
The current spot FX is trading at 132.740, our earlier targets achieved at 133.372, for now we expect dips extending up to 131.025 levels in near terms. It is understood that bearish momentum is bolstering as we saw...

FxWirePro: GBP/JPY recovers after making a low of 184.30, good to buy at dips
Nov 09, 2015 05:28 am UTC| Technicals
GBP/JPY has recovered after making a low of 184. term trend is still bullish as long as 184.30 holds. Any break below 184.30 will drag the pair till 183.90/183.40. The pairs minor support is around 185.70 and...

FxWirePro: Bullish moves in USD/JPY to continue, buy-dip strategies recommended
Nov 09, 2015 04:19 am UTC| Technicals
Strong US NFP readings strongly anchored December rate hike bets, boosting USD across the board. The dollar index soared to nearly seven-month highs after the robust U.S. employment data. U.S. nonfarm payrolls rose...

Cable take support near trendline, targets 1.5140
Nov 09, 2015 03:00 am UTC| Technicals
Cable has declined till 1.5027 after release of better than expected US Non Farm payroll. It is currently trading around 1.50655. The pair has taken support near trend line support around 1.5016 (trend line joining...
FxWirePro: USD/CHF key support at 0.9930, bullish in the short term
Nov 06, 2015 14:21 pm UTC| Technicals
The USD/CHF has jumped towards 1.0072 levels after the release of better than US jobs numbers expected. The pair has been trading in bullish trend off late and is set to continue advancing further, as long as the pair...
FxWirePro: USD/JPY key support at 121.91, buy deal are recommended around 122.40
Nov 06, 2015 14:06 pm UTC| Technicals
USD/JPY has strongly surged towards higher levels after the release of positive nonfarm payroll data and is bouncing above to test resistance level at 123.15, the support level at 122.52 set to hold the bears from falling...