FxWirePro: EUR/USD accelerating downside, correction to 1.10 possible
Jul 29, 2015 06:26 am UTC| Technicals
EUR/USD gains were capped at 1.1083, Euro is accelerating its fall against the Greenback ahead of European open Germany Gfk Consumer Confidence Survey came in as expected, meets forecasts (10.1) in August Investors...
FxWirePro: NZD/USD stalls upsurge, stays supported just above 0.67 handle
Jul 29, 2015 06:05 am UTC| Technicals
The New Zealand dollar spiked to a two-week high of $0.6739 after Wheelers speech, but later eased back and remains supported just above 0.67 handle RBNZ Governor Wheeler believed that a lower exchange rate is needed to...
FxWirePro: EUR/USD erases gains, trades almost unchanged ahead of FOMC
Jul 29, 2015 05:39 am UTC| Technicals
EUR/USD activity light ahead of the FOMC decision/statement later today The pair opened at 1.1058, edged higher to 1.1083 and currently trades almost unchanged on the day at 1.1057 Immediate support is seen at 1.1022...
FxWirePro: USD/JPY approaching support level at 123.58, buy deals are recommended above 123.50
Jul 28, 2015 13:44 pm UTC| Technicals
USD/JPY is retreating back from daily highs to testing support level at 123.58 levels, the pair is set to advance further towards 123.70 and later 124.30 levels in the short term. Strong support can be seen at 123.41,...
FxWirePro: AUD/USD key resistance at 0.7325, sell deals are recommended below 0.7315
Jul 28, 2015 13:10 pm UTC| Technicals
AUD/USD failed to break key resistance at 0.7325 (June 27th high), the pair is retreating back to test support level at 0.7294 (July 28th lows). The pair is currently trading around 0.7315 levels. It is expected...
FxWirePro: USD/CAD approaching resistance level at 1.3041, buy deals are recommended above 1.3000
Jul 28, 2015 12:35 pm UTC| Technicals
USD/CAD is approaching resistance level at 1.3041, the support level at, 1.2990 (61.8% Retracement level) is set to hold the bears and push the pair further upside towards 1.3050 and 1.3050 level in the short...
FxWirePro: Buy GBP/USD above 1.5552, bullish in the short term
Jul 28, 2015 12:09 pm UTC| Technicals
GBP/USD approaching support level at 1.5541 (23.6 % Retracement level), the support level at 1.5541 is set to hold the bears and push the pair to higher levels in the short term. UK GDP figures came in line with...