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FxWirePro: USD/CHF approaching support level at 0.9607, bullish in the short term

Jul 29, 2015 12:54 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9606, the support level at 0.9587 is set hold the bears and push pair further up. The pair is currently trading around 0.9613 levels. It is expected to, advance further...

FxWirePro: USD/ZAR recovery rejected at 12.5987, further downside likely

Jul 29, 2015 12:51 pm UTC| Technicals

USD/ZAR is attempting a mild recovery on the day after sharp drop on Tuesday to 12.5219 levels The pair is currently trading at 12.5318, after recoveries were rejected by 12.5987 Daily Stochs have crossed bearside but...

FxWirePro: USD/CAD sees scope for recovery

Jul 29, 2015 12:18 pm UTC| Technicals

USD/CAD recovering from days lows by 1.2918, currently trades at 1.2960 Immediate resistance is seen at 1.3043 (Daily High Jul 28), while support lies at 1.2920 (Daily Low Jul 29) Market focus lies on the Fed, no change...

FxWirePro: USD/JPY approaching resistance level at 123.72, buy deals are recommended above 123.50

Jul 29, 2015 12:07 pm UTC| Technicals

USD/JPY is approaching to test resistance level at 123.72. The pair started to rebound from 123.40 levels , as the focus now is shifting to Fomc meeting minutes later in the day , traders are keenly awaiting the meeting to...

FxWirePro: EUR/USD breaks support level at 1.1050, bearish in the short term

Jul 29, 2015 12:05 pm UTC| Technicals

The pair has broken support level at 1.1050 and is moving downwards to test next support level located at 1.1029, the resistance level 1.1114 is strong and it is expected to hold the bulls from advancing...

EUR/GBP struggles to break above 200 day 4HMA, decline till 0.6980 is possible

Jul 29, 2015 11:56 am UTC| Technicals

RES 4: 0.7270 (trend line resistance) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 1: 0.7102(200 day 4 HMA) PRICE: 0.70576@ 11:50 GMT SUP 1: 0.7074...

FxWirePro: USD/JPY consolidates in narrow range, good to sell on rallies

Jul 29, 2015 11:17 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: 123.67 @09:39 GMT SUP 1 : 123.25( 200 day 4 HMA) SUP 2 :122.90...

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