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FxWirePro: USD/CHF faces strong support at 0.9680, good to buy at dips

Sep 10, 2015 05:45 am UTC| Technicals

USD/CHF has retreated till 0.9715 after making a high of 0.9825. Overall trend is still bullish as long as support 0.9680 holds. Any break below 0.9680 will drag the pair further down till 0.9640/0.9595. The pairs minor...

FxWirePro: Buy GBP/JPY at dips around 185 with SL around 184 for the TP of 187.10/188

Sep 10, 2015 05:11 am UTC| Technicals

GBP/JPY has broken short term resistance around 185.45 and jumped till 186.43. It is currently trading at 185.17 Intraday weakness only below 184 and any break below will drag the pair further down till 183.49/183 in...

FxWirePro: Yen loses steam as risk-off eases post China CPI, USD/JPY edges higher

Sep 10, 2015 04:33 am UTC| Technicals

Chinas CPI rose 2.0% year-on-year in August, the fastest pace in a year, beating market forecasts for a 1.9% rise Upbeat data restored confidence among markets that Chinese governments efforts to boost the economy are...

FxWirePro: Buy USD/JPY at dips around 120.20 with SL around 119.60 for the TP of 121.20/121.70

Sep 10, 2015 02:14 am UTC| Technicals

USD/JPY retreated after making a high of 121.19. It is currently trading at 120.32. Intraday trend is still bullish as long as support 119.60 holds. On the downside any break below 119.60 will drag the pair till...

FxWirePro: EUR/USD key resistance at 1.1178, sell deals are recommended around 1.1175

Sep 09, 2015 16:45 pm UTC| Technicals

EUR /USD pair made some gains against US dollar in todays in early US session, however, the gains were limited and the pair fell back towards 1.1150 levels after hitting 50% fib resistance at 1.1177, resistance level at...

FxWirePro: EUR/USD key resistance at 1.1178, sell deals are recommended around 1.1215

Sep 09, 2015 16:41 pm UTC| Technicals

EUR /USD pair made some gains against US dollar in todays in early US session, however, the gains were limited and the pair fell back towards 1.1150 levels after hitting 50% fib resistance at 1. resistance level at 1.1177...

FxWirePro: AUD/USD key resistance at 0.7090, sell deals are recommended below 0.7060

Sep 09, 2015 16:14 pm UTC| Technicals

AUD/USD rebounded strongly towards 0.7056 earlier in Asian session. However, the pair turned back after failing to advance towards higher levels, as the Aussie ran out of strength against US dollar. The pair has broken...

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