FxWirePro: Buy GBP/USD above 1.5552, bullish in the short term
Jul 28, 2015 12:09 pm UTC| Technicals
GBP/USD approaching support level at 1.5541 (23.6 % Retracement level), the support level at 1.5541 is set to hold the bears and push the pair to higher levels in the short term. UK GDP figures came in line with...
FxWirePro: EUR/USD approaching support level at 1.1026, bullish in the short term
Jul 28, 2015 12:04 pm UTC| Technicals
The pair has retreated to test support level at 1.1026 (61.8% Retracement level), the support level at 1.1026 is set to hold the bears and push the pair further up in the short term . The pair is trading around 1.1034...
FxWirePro: USD/CAD rejected at 1.2996 lows, supported above 1.30
Jul 28, 2015 11:49 am UTC| Technicals
Greenback lost ground vs. its Canadian counterpart early on Tuesday, pushing USD/CAD to days low by 1.2996 Price action was however rejected at lows and USD/CAD retraced loses and is currently trading at 1.3018, with a...
FxWirePro: EUR/GBP trades below 200 day 4HMA, good to sell on rallies
Jul 28, 2015 11:41 am UTC| Technicals
RES 4: 0.7270 (trend line resistance) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 1: 0.7107(200 day 4 HMA) PRICE: 0.7072@ 11:40 GMT SUP 1: 0.7060...

FxWirePro: GBP/USD bounces off Trendline support on upbeat UK GDP data
Jul 28, 2015 10:08 am UTC| Technicals
Pound sterling has gathered some steam after the UK GDP release, GBP/USD edges higher from days low by 1.5527 UK economy has expanded at an annual pace of 2.6% and 0.7% inter-quarter, vs. previous prints at 2.9% and 0.4%,...
USDJPY struggles to break below 123, targets 124.40/125
Jul 28, 2015 09:41 am UTC| Technicals
RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2:125 RES 1: 124.40 (Jun 24th high) PRICE: 123.69 @09:39 GMT SUP 1 : 123.25( 200 day 4 HMA) SUP 2 :122.90...
FxWirePro: EUR pauses ascent versus CHF in early European trade
Jul 28, 2015 07:53 am UTC| Technicals
EUR pauses ascent versus the Swiss franc in early European trade, EUR/CHF is correcting lower after the recent upsurge The pair is off from 4-month highs and currently trades at 1.0649, down around 0.19 pct on the...