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FxWirePro: USD/CAD testing resistance at 1.2776, buy deals are recommended above 1.2740

Jul 07, 2015 14:41 pm UTC| Technicals

USD/CAD broke resistance level at 1.2735 (38.2% Retracement level), and is approaching to test resistance level at 1.2775. The pair is set to reach 1.2820 and 1.2850 handle in the short term. The currency is trading...

FxWirePro: EUR/USD approaching resistance at 1.0975, sell deals are recommended below 1.0970

Jul 07, 2015 14:13 pm UTC| Technicals

EUR/USD opened with gap, hit lows at 1.0970, in the early the Asian session and bounced back towards 1.1095 (June 6th high). Due to Greeces no referendum vote on Sunday. The pair is currently trading around 1.1026...

FxWirePro: Buy USD/CHF above 0.9458, up trend to continue further

Jul 07, 2015 13:42 pm UTC| Technicals

USD/CHF failed to break resistance at 0.9513 (23.6% Retracement Level), and is moving to test support level at 0.9460. The pair is set to continue its bullish momentum in the short run. The pair is currently trading...

EUR/GBP trades within narrow range, good to sell on rallies

Jul 07, 2015 12:09 pm UTC| Technicals

RES 4: 0.7210 (Jun 22nd high) RES 3: 0.7171(200 day 4HMA) RES 2 : 0.7140 (38.2% retracement of 0.7387 and 0.6986) RES 1: 0.7085 (7 day 4H EMA) PRICE: 0.70824@ 12:05 GMT SUP 1: 0.7080 (Jun 23rd...

EUR/USD faces support around 1.0950,break below targets 1.0800

Jul 07, 2015 11:23 am UTC| Technicals

RES 4: 1.1140 (Jul 3rd high) RES 3: 1.1100 (Jul 6th high) RES 2: 1.1060 (20 day 4 HMA) RES1 : 1.1020 (7 day 4 H EMA) PRICE: 1. 09630 @ 11:49 GMT SUP 1: 1.1100 SUP 2 :1.10720 (61.8% retracement of...

USD/JPY faces resistance around 123.15, decline till 121.80 is possible

Jul 07, 2015 10:45 am UTC| Technicals

RES 4 :125 RES 3 : 124.50 (Jun 17th high) RES 2: 123.65 (61.8 % retracement of 124.43 and 122.47) RES 1: 123.15 (20 day MA) PRICE: 122.56 @ 10:40 GMT SUP 1 :122.40 (Jun 18th low) SUP 1: 122 (Jun...

FxWirePro: EUR/JPY hovers near daily lows, daily cloud likely to provide support

Jul 07, 2015 10:20 am UTC| Technicals

The single currency relentlessly sold-off amid risk-aversion as traders await upcoming Euro group meeting. Markets await fresh incentives from the Euro Summit on Greek debt negotiations. EUR/JPY hovers near daily lows at...

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