FxWirePro:EUR/GBP recovers from the low of 0.6925, good to sell on rallies
Jul 20, 2015 11:53 am UTC| Technicals
RES 4: 0.7156 (200 day 4 HMA) RES 3: 0.7095 (Kijun-Sen) RES 2: 0.7033 (Kijun-Sen) RES 1: 0.6970 (20 day 4 HEMA) PRICE: 0.6970@ 11:46MT SUP 1: 0.6970 (7 day 4 HEMA) SUP 2: 0.6940 (Jul 17th low) ...
FxWirePro: USD/JPY consolidating above the 124 handle
Jul 20, 2015 11:43 am UTC| Technicals
USD/JPY has pared some of the early gains after hitting a session high of 124.37 and is currently trading at 124.20 Trading was subdued in Asia due to the Japan Marine day holiday today Japans trade balance due Thursday...
FxWirePro: Aussie recovers from low of 0.7325, good to sell on rallies
Jul 20, 2015 11:35 am UTC| Technicals
RES 4: 0.7500 RES 3: 0.7495 (Jul 13th high) RES 2: 0.7436 (Jul 16th high) RES 1: 0.7390 ( 20 day 4 H EMA) PRICE: 0.73705 @ 10:33 GMT SUP 1: 0.7370 (Jul 8thlow) SUP 2: ...
FxWirePro: NZD/USD price action rejected at session highs by 0.6599, downtrend intact
Jul 20, 2015 09:43 am UTC| Technicals
Markets are pricing in the certainty that RBNZ will cut rates at its policy meeting on Thurs, the only question is whether by 25bp or 50bp If we see a 25bp cut on Thursday and no explicit signals for a further rate cut, a...
Kiwi extends rally on PM’s comment
Jul 20, 2015 09:29 am UTC| Technicals
The Kiwi surprised on the upside in very quiet trading session, made high at 0.6599 levels.A strong upside move was initiated by New Zealand Prime Minister John Key, who indirectly hinted at the possibility of the kiwi...
FxWirePro: EUR/CHF rangebound, daily cloud base by 1.0403 supports
Jul 20, 2015 08:54 am UTC| Technicals
Bid tone around the single currency is helping EUR/CHF higher, currently trades at 1.04452 Daily price action in the pair remains within the cloud, supported by cloud base at 1.0403 The pair trades range-bound with days...
FxWirePro: EUR/GBP off from Friday's 8 year low, but correction likely to be small
Jul 20, 2015 08:14 am UTC| Technicals
GBP appears attractive against the low-yielding European currencies and is likely to continue its outperformance in the near term The common currency is finding some support in the European session and EUR/GBP is off...