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FxWirePro: USD/JPY key resistance at 120.63, bearish in the short term

Sep 15, 2015 16:00 pm UTC| Technicals

USD/JPY has rebounded strongly after hitting minor resistance level at 119.35 to reach levels at 120.18, however strong resistance can be seen at 120 40 levels and this area is set to act has strong barrier to the bulls....

FxWirePro: USD/CAD finds support at 1.3230, buy deals are recommended above 1.3235

Sep 15, 2015 14:02 pm UTC| Technicals

>USD/CAD made a short squeeze in the early US session after retail sales data was released, however gains were limited as the pair has turned back and is approaching support level at 1.3234. The pair is set to consolidate...

FxWirePro: GBP/USD key resistance at 1.5430, sell deals are recommended below 1.5415

Sep 15, 2015 13:18 pm UTC| Technicals

The GBP/USD pair has retreated from 1.5456 levels, after number of macro-economic data released earlier from European market, failed to infuse bullish momentum in the cable. The cable has broken strong support level at...

FxWirePro: EUR/CAD head towards 1.5252 - straps for hedging and swing trading

Sep 15, 2015 12:58 pm UTC| Technicals

If you think Euro to spike up against Canadian dollar as it took support at lower channel line and is now heading towards the target at 1.5252 levels which would be the channel line distance, then cover your underlying...

FxWirePro: USD/CAD remains in narrow range on the verge of Fed’s meet - Vega suggests long iron butterfly for complacent bulls

Sep 15, 2015 12:53 pm UTC| Technicals

Loonie has remained in narrow range between 1.3325 - 1.3125 on the verge of Feds big event loonie eying on gains, bears of USDCAD began trimming gains as RSI showing divergence to the USDCAD uptrend. So if anyone believes...

FxWirepro: Loonie trades within narrow range, good to buy at dips

Sep 15, 2015 12:23 pm UTC| Technicals

USD/CAD has declined till 1.3177 and started to recover from that level. Loonie is facing strong support around 1.3175 (trend line joining 1.3115 and 1.3135) and further weakness can be seen only below that...

FxWirePro: GBP/AUD faces strong resistance around 2.210, good to sell on rallies

Sep 15, 2015 12:19 pm UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.1500 from that level. It is currently trading at 2.170. The pairs minor resistance is around 2.200 and any break above would extend gains till...

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