FxWirePro:AUD/USD consolidates in narrow range, good to buy at dips
Jul 15, 2015 11:29 am UTC| Technicals
RES 4 : 0.7532 (Jul 6thhigh) RES 3: 0.7500 RES 2: 0.7470 (Jul 13th high) RES 1: 0.7451 ( 7 day 4 H EMA) PRICE: 0.74311 @ 10:58 GMT SUP 1: 0.7400 SUP 2: 0.7370 (Jul...
USD/JPY takes support near Ichimoku Tenken- Sen, jump till 125 is possible
Jul 15, 2015 10:32 am UTC| Technicals
RES 4 : 125.85 (jun 5th high) RES 3:125 RES 2: 124.36 (Jun 24th high) RES 1 : 123.71 (2nd jul high) PRICE: 123.35 @ 10:16 GMT SUP 1 : 123.35 ( 200 day 4 HMA) SUP 1: 123.15 (20 day 4 HEMA) SUP 2...
FxWirePro: USD/JPY unable to extend gains, Yellen's testimony awaited
Jul 15, 2015 08:51 am UTC| Technicals
USD was knocked lower overnight on a weak retail sales figure, but partly recovered thereafter The pair ignores Kurodas comments, has been unable to extend gains Currently trades at 123.60, with immediate resistance at...
FxWirePro: AUD/NZD spikes on positive Chinese data, focus shifts to GDT auction
Jul 15, 2015 04:41 am UTC| Technicals
A slew of better-than expected Chinese macro data boosted the Aussie across the board AUD/NZD opened at 1.1078 and rose to six-day highs by 1.1150, currently trading at 1.1132 up around 0.35% on the day Positive Chinese...
BOJ sits tight with policy but downgrades GDP outlook
Jul 15, 2015 03:57 am UTC| Technicals
The Bank of Japan made no changes to its current policy settings today BOJ tweaks growth forecast down, FY 15/16 GDP +1.7% vs +2% Pair is currently trading above 61.8% Fibonacci retracement levels at...
FxWirePro: GBP/USD approaching to test support level at 1.5550, sell deals are recommended
Jul 14, 2015 14:32 pm UTC| Technicals
GBP/USD is approaching to test support level at 1.5550, the pair is set to fall further towards 1.5500 and 1.5480 level in the short term. GBP is weak against US dollar in the short term, due to broader demand for the...
FxWirePro: USD/JPY approaching resistance level at 123.16, buy above 122.85
Jul 14, 2015 13:20 pm UTC| Technicals
USD/JPY approaching resistance level at 123.16, currently the pair is trading at 123.12. The pair is set to advance further towards 123.60 and later 124.00. Japanese Yen is weaker against US dollar, Dollar is all set to...