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USD/JPY trades well above shorter resistance 123, jump till 125 is possible

Jul 13, 2015 11:35 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: 123.32 @ 11:14 GMT SUP 1 : 123.30 ( 200 day 4 HMA) SUP 1: 122.75 (7 day 4 HEMA) SUP 2...

FxWirePro: EUR/NOK Daily Stochs poised lower, 8.8920 supports for now

Jul 13, 2015 11:27 am UTC| Technicals

EUR/NOK hourly price bouncing off 8.8920 mutiple times today, strong support on the downside EUR/NOK is currently trading at 8.9072, buyers back at lows, pushing prices higher A close below 8.8900 could take the pair to...

FxWirePro: Selling pressure driving EUR/JPY back towards cloud base

Jul 13, 2015 09:27 am UTC| Technicals

EUR/JPY staged a remarkable recovery from the cloud base by 135.55 as "Risk on" sentiment drove the cross higher The pair peaked at 137.78, but was unable to sustain gains, where selling pressure brought it down to...

USD/CHF is supported above $0.9450 level, tested $0.9492 high

Jul 13, 2015 09:24 am UTC| Technicals

Support 3- $0.9211 (Daily low June 23) Support 2- $0.9244 (Daily low June 29) Support 1- $0.9331 (Daily low July 10) Spot Rate- $0.9470 Resistance 1- $0.9493 (Hourly high July 13) Resistance 2- $0.9500 (30 DMA upper...

FxWirePro: EUR/USD rejected at 1.1197, slumps to 1.1053

Jul 13, 2015 08:27 am UTC| Technicals

Rally in the EUR/USD fizzled out as markets now weigh reports that Greece and the EU have found a common ground EUR/USD was rejected at 1.1197, and slumped to lows of 1.1053 The pair is currently trading at 1.1078 wih...

USD/JPY recovers from Daily lows, Cloud base to support

Jul 13, 2015 04:51 am UTC| Technicals

USD/JPY has recovered from days low by 122.15 in early Asia trade on Monday The pair is currently trading at 122.62 on the day covering up from a gap down open by 122.17 Cloud base by 122.18 to offer strong support on...

EURUSD is supported above 38.2% Fibonacci Retracement

Jul 13, 2015 03:39 am UTC| Technicals

The euro currency started the new week on a soft note European leaders continued to mount pressure on Greece to make severe spending and taxation changes immediately in exchange for further bailout funds Asian markets...

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