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FxWirePro: EUR/GBP to test 0.7202 levels in short term

Aug 12, 2015 12:43 pm UTC| Technicals

EUR/GBP continued its upward move on Wednesday seen from the last few sessions. It rose above 55 EMA and hit a fresh high at 0.7169 levels before sliding to 0.7147 levels. 5 and 15 MA crossover suggests further uptrend...

FxWirePro: USD/CAD key resistance at 1.3000, upside prevails in the short term

Aug 12, 2015 12:22 pm UTC| Technicals

USD/CAD has slipped from yesterdays high and is all set to test 1.2960 levels shortly. 1.2960 levels has been strongly supportive and is set to defend against the bears. The pair is expected to continue its bullish bias...

FxWirePro: USD/CHF approaching support level at 0.9744, buy deals are recommended above 0.9745

Aug 12, 2015 12:11 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9747 (61.8% Retracement level, the support level 0.9747 is expected hold the bears and push pair further up. The pair is currently trading around 0.9744 levels. It is...

FxWirePro: USD/JPY approaching support level at 124.00, buy deals are recommended above 124.05

Aug 12, 2015 12:05 pm UTC| Technicals

USD/JPY is approaching to test support level at 124.00; the support level at 124.00 is massively strong and set to hold the bears from falling further below 124.00 levels. The pair is set to rebound from 124 levels and is...

FxWirePro: GBP/USD consolidates in narrow range, good to sell on rallies

Aug 12, 2015 11:59 am UTC| Technicals

RES 4:1.56885 (Jul 29th high) RES3: 1.56773 (Jul 31st high) RES 2: 1.56505 (Aug 5th high) RES 1: 1.5620 (trend line resistance) PRICE: 1.55859 @ 11:58 GMT SUP 1: 1.5573 (7 day 4 HEMA) SUP 2:...

FxWirePro: GBP/USD recovers from session lows of 1.5558, Greenback weaker ahead of U.S open

Aug 12, 2015 11:57 am UTC| Technicals

UK data released earlier today disappointed market expectations, data showed slowdown in the employment and wage growth Sterling was trading relatively weak against the USD following weak data, days range...

FxWirePro: Aussie pares losses in European session, good to sell on rallies

Aug 12, 2015 11:39 am UTC| Technicals

RES 4: 0.7450 (Jul 21st high) RES 3: 0.74275 (Aug 4th high) RES 2: 0.7420 (200 day 4HMA) RES 1: 0.7350 (20 day 4 HMA) PRICE: 0.73520 @11:37 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250 (161.8%...

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