FxWirePro: Sell GBP/USD below 1.5540, bearish in the short term
Jul 24, 2015 12:04 pm UTC| Technicals
GBP/USD fell back after failing to break resistance level at 1. 5521, and fell below to test support level at 1.5461. The cable is approaching to test support level at 1.5460. The pair is set to fall further towards 1.5440...
FxWirePro :EUR/GBP struggles to break above 200 day 4HMA, good to buy at dips
Jul 24, 2015 11:41 am UTC| Technicals
RES 4 : 0.7225 (Jul 10th high) RES 3: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 2: 0.7120(200 day 4 HMA) RES 1: 0.7076 (Cloud top) PRICE: 0.7065@ 11:39 GMT SUP 1: 0.7060 (7 day 4 HEMA) ...
AUD/USD trades below 0.7300, decline till 0.7195 cannot be ruled out
Jul 24, 2015 11:31 am UTC| Technicals
RES 4: 0.7450 ( Jul 21st 2015) RES 3: 0.7411 (Cloud bottom) RES 2: 0.7371 (20 day 4 HMA) RES 1: 0.7322 (7 day 4 H EMA) PRICE: 0.72745 @ 11:26 GMT SUP 1: 0.7283 (161.8% retracement of 0.73256...
FxWirePro: USD/JPY faces strong resistance around 124.50, good to buy at dips
Jul 24, 2015 11:09 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: 123.25 @11:05GMT SUP 1 : 123.30( 200 day 4 HMA) SUP 2 :122.90...
FxWirePro: USD/JPY retraces initial gains, poor China PMI boosts Yen's safe-haven appeal
Jul 24, 2015 05:27 am UTC| Technicals
USD saw renewed buying after the recent weakness, USD/JPY traded higher on the day at 124.036 Safe-haven appeal in yen boosted after miserable China PMI data , USD/JPY erased gains and currently trades flat at...
FxWirePro: Poor China manufacturing PMI weighs on antipodean currencies, drags NZD/USD lower
Jul 24, 2015 04:11 am UTC| Technicals
China manufacturing PMI came in at 15-month low, missing expectations and surprised markets on the downside Poor Chinese data triggered a fresh sell-off among the antipodean currencies, dragged the Kiwi lower towards...
FxWirePro: USD/CHF approaching support level at 0.9550, bullish in the short term
Jul 23, 2015 14:22 pm UTC| Technicals
USD/CHF pair is approaching support level 0.9550 (38.2% Retracement level), as long as the pair trades above 0.9500 levels the pair will n in bulls control. The pair is currently trading around 0.9573 levels. It is...