FxWirePro: Aussie struggles to break above 0.7500, good to sell on rallies
Jul 17, 2015 10:36 am UTC| Technicals
RES 4: 0.7500 RES 3: 0.7495 (Jul 13th high) RES 2: 0.7436 (Jul 16th high) RES 1: 0.7401 ( 20 day 4 H EMA) PRICE: 0.73905 @ 10:33 GMT SUP 1: 0.7400 SUP 2: 0.7370 (Jul...
USD/JPY trades above 124, intraday weakness only below 123.60
Jul 17, 2015 09:43 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: 124.36 (Jun 24th high) PRICE: 124.09@ 09:42 GMT SUP 1: 123.70 (20 day 4 HMA) SUP 2 : 123.35(...
FxWirePro: USD/CAD trades in a tight 1.2947/83 range, overall bias is bullish
Jul 17, 2015 09:42 am UTC| Technicals
The CAD is amongst the worst performer in the G10 this week, with weakness continuing for a 3rd day after BoC cut interest rate Adding to the pressure was the U.S. dollars trading near 1-1/2 month highs against a basket...
FxWirePro: USD/KRW Daily Stochs show a bearish crossover
Jul 17, 2015 07:57 am UTC| Technicals
The South Korean won edged up against the dollar on Friday, snapping a four-day losing spree The won was 0.3 percent stronger at 1,146.1 per U.S. dollar at 0238 GMT after hitting its weakest in two years at 1,150.4 on...
FxWirePro: Cable on track to end a three week losing streak
Jul 17, 2015 06:41 am UTC| Technicals
GBP/USD closed lower on Thursday, was down 0.3 percent at $1.5559, but is on track to end the week higher, snapping the three week losing streak Cable closed lower yesterday despite BoE Carneys comment that UK interest...
FxWirePro: USD/JPY erases early gains, tests 124 handle
Jul 17, 2015 05:59 am UTC| Technicals
Fed Chair Yellens hawkish comments and the recent upbeat US macro data buoyed USD/JPY to fresh three-week peak of 124.23 today The pair however erased early gains from 124.09 to 124.23 and now trades back down at...
EURUSD is hovering around $1.0900 levels
Jul 17, 2015 03:58 am UTC| Technicals
ECB left monetary policies unchanged yesterday as widely expected. President Mario Draghi said that asset purchase program continued as planned and results showed that inflation expectations recovered since...