FxWirePro: NZD/USD extends descent on disappointing Chinese manufacturing PMI
Aug 03, 2015 04:26 am UTC| Technicals
Disappointing Chinese manufacturing PMI data triggered fresh selling in the New Zealand dollar, Chinese manufacturing PMI report came in at lowest levels in two years NZD/USD extended its descent from Friday overnight,...
FxWirePro: AUD/USD key resistance at 0.7350, sell deals are recommended below 0.7325
Jul 31, 2015 14:43 pm UTC| Technicals
AUD/USD rebounded strongly after Employment Cost Index came at historical lows. The pair hit daily high at 0.7364 levels and is retreating back from highs. The pair is expected to decline further towards 0.7280 and later...
FxWirePro: USD/CHF approaching resistance level at 0.9530, buy deals are recommended above 0.9550
Jul 31, 2015 14:22 pm UTC| Technicals
USD/CHF pair is approaching support level 0.9530, the support level at 0.9530 is set hold the bears and push pair further up. The pair is currently trading around 0.9570 levels. It is expected to, advance further...
FxWirePro: USD/JPY approaching support level at 123.52, buy deals are recommended above 123.55
Jul 31, 2015 13:39 pm UTC| Technicals
USD/JPY is approaching to test resistance level at 123.52. The pair started to rebound from 124.00 levels, as US Employment Cost Index printed historically low figures, sending US dollar to session lows. The support level...
FxWirePro: GBP/USD approaching support level at 1.5548, bearish in the short term
Jul 31, 2015 12:18 pm UTC| Technicals
GBP/USD approaching support level at 1.5548 (38.2% Retracement level), the cable is trading below resistance level at 1.5625 and, unless and till the cable trades below this level the trend for this pair remains...
FxWirePro: EUR/USD key resistance at 1.1005, sell deals are recommended below 1.0980
Jul 31, 2015 12:16 pm UTC| Technicals
The pair approaching minor resistance level at 1.0968. The pair found some bullish movement, after Euro CPI figures came positive and is moving upwards to test next resistance level located at 1.0005 (61.8% Retracement...
FxWirePro :USD/JPY faces strong resistance around 125, good to sell on rallies
Jul 31, 2015 10:20 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: 124.40 (Jun 24th high) PRICE: 124.34 @10:15 GMT SUP1 : 124.10 (7 day 4 HEMA) SUP2 :123.75...