FxWirePro: EUR/PLN bearish momentum intact
Jul 21, 2015 11:49 am UTC| Technicals
Long wick formations on hourly candles on the downside indicate rejections at lows are pushing prices higher EUR/PLN is currently trading at 4.1181, with the days high by 4.1252 and low by 4.1044 Daily price action since...
FxWirePro: Aussie faces short term resistance around 0.7400, good to buy at dips
Jul 21, 2015 11:09 am UTC| Technicals
RES 4: 0.7500 RES 3: 0.7495 (Jul 13th high) RES 2: 0.7436 (Jul 16th high) RES 1: 0.7380 ( 20 day 4 H EMA) PRICE: 0.73705 @ 11:06 GMT SUP 1: 0.7370 (Jul 8thlow) SUP 2: ...
USD/JPY trades well above 124, intraday weakness only below 123.80
Jul 21, 2015 10:44 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@10:43GMT SUP 1: 124.16 (20 day 4 HMA) SUP 2 : 123.92...
FxWirePro: USD/CAD consolidates below 1.30 barrier
Jul 21, 2015 10:03 am UTC| Technicals
USD/CAD is back below 1.30 handle, after hitting overnight peaks around 1.3010 Currently the pair is trading at 1.2984, with immediate support at 1.2953 (Jul 20 low) A decisive break above 1.30 is required for further...
FxWirePro: USD/CHF edges lower, upbeat Swiss trade data boosts CHF
Jul 21, 2015 07:24 am UTC| Technicals
Data today showed Swiss trade surplus widened in June to 3578 mln SFR vs revised 3409 mln SFR in previous month CHF received fresh impetus from trade data, USD/CHF edged slightly lower in the European morning The pair is...
FxWirePro: Greenback broadly supported, pushes USD/JPY to fresh 6-week highs
Jul 21, 2015 06:40 am UTC| Technicals
USD bulls remained broadly supported by increased expectations for a US rate hike before the year end Federal Reserve Official Bullard on Monday stated that he is expecting rate-hike in Sept FOMC USD/JPY hit fresh...
FxWirePro: AUD/USD recovers slightly from fresh 6-year low on neutral RBA minutes
Jul 21, 2015 05:56 am UTC| Technicals
AUD/USD is recovering slightly after hitting fresh 6 year low of 0.7328 on widely anticipated set of neutral June minutes from the RBA The c.bank minutes noted that a further decline in A$ is expected and necessary to...