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FxWirePro: EUR/GBP bull spreads for hedging on uncertain upswings

Aug 21, 2015 07:13 am UTC| Technicals

We could foresee the bulls taking halt at this point, this has been confirmed when yesterdays highs pulled down while rising volumes, this would reveal losing short term buying interests. There was no clarity from leading...

GBP/JPY takes support around 193 level, jump till 194.20 is possible

Aug 21, 2015 06:24 am UTC| Technicals

GBP/JPY breaks short term trend line support 192.97 and slightly recovering from that level. Intraday trend is bullish as long a support 192.70 holds. Any break below 192.70 will drag the pair further down till...

USD/JPY faces strong support near 122.70, slight pullback till 123.75 is possible

Aug 21, 2015 05:58 am UTC| Technicals

The pair has made low of 123.32 and closed at 123.35 yesterday. It has broken major support in Asian session as Asian markets extend their free fall for the second straight session. The demand for safe haven assets like...

EUR/USD breaks major resistance 1.1218, targets 1.1465

Aug 21, 2015 03:16 am UTC| Technicals

EUR/USD has broken major BIG W pattern resistance 1.2180 and jumped till 1.12775. It will be facing short resistance around 1.12780 and any break above targets 1.13480/1.1430 in short term. The pairs short term support...

FxWirePro: AUD/USD key resistance at 0.7354, sell deals are recommended below 0.7340

Aug 20, 2015 14:07 pm UTC| Technicals

AUD/USD rebounded strongly from 0.7283 levels to hit daily highs at 0.7328 levels. The pair is retreating back after hitting strong resistance at 0.7328 levels. The pair is expected to decline further towards 0.7300 and...

FxWirePro: USD/CAD key support at 1.3053, upside prevails in the short term

Aug 20, 2015 13:10 pm UTC| Technicals

USD/CAD has slipped after hitting resistance level at 1.3176 and is trading at 1.3089. The 1.3050 levels has been strong recovery zone for the currency pair in the recent past. Bullish rebound is set to take off around...

USD/CAD Trade idea

Aug 20, 2015 12:47 pm UTC| Technicals

USD/CAD is facing strong trend line resistance around 1.3190 (trend line joining 1.3150 and 1.3176) and break above confirms further bullishness, a jump till 1.3210 cannot be ruled out . On the downside minor support...

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