USD/JPY faces strong resistance around 124.50, good to buy at dips
Jul 23, 2015 10:39 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: 123.77 @10:42GMT SUP 1 : 123.30( 200 day 4 HMA) SUP 2 :122.90...
FxWirePro: USD/CAD below the 1.3000 handle, broad based USD sell-off weighs
Jul 23, 2015 09:54 am UTC| Technicals
USD/CAD was up rose around 0.70% on Wednesday, hitting new multi-year highs at 1.3055 CAD was pressurized by 3.25% fall in WTI and the prospect of deeper falls in oil prices Today the pair is back below the 1.3000...
FxWirePro: EUR/JPY edges slightly lower from day's high of 136.16
Jul 23, 2015 09:30 am UTC| Technicals
EUR/JPY cooling slightly after broad based EUR strength sent EUR/JPY to session highs by 136.16 Daily price action continues to rage with the cloud which spans 133.57-138.30 Tenkan kijun lines are negatively aligned on...
FxWirePro: EUR/USD ticks higher on positive Greek vote
Jul 23, 2015 05:06 am UTC| Technicals
EUR/USD ticks higher to trade at 1.0943, Greek parliament second vote in favor of bailout catalyst The prospect of higher Fed rates enhanced by U.S. new home resales data on Wed boosted the dollars appeal, and propelled...
FxWirePro: NZD/USD spikes on RBNZ rate cut, broad based USD weakness supports
Jul 23, 2015 04:32 am UTC| Technicals
The RBNZ lowered OCR from 3.25% to 3.0% on Thursday as widely expected and stated that NZD depreciation was helping to support the economy and inflation NZD/USD spiked to reach highs by 0.6638 in the last hour after RBNZ...
FxWirePro: USD/CAD approaching resistance level at 1.3062, buy deals are recommended above 1.3000
Jul 22, 2015 14:28 pm UTC| Technicals
USD/CAD is approaching to test resistance level at 1.3004, the support level at, 1.3004 is set to hold and push the pair further upside towards 1.3060 and 1.3090 level in the short term. The currency is trading at...
FxWirePro: Buy GBP/USD above 1.5580, bullish in the short term
Jul 22, 2015 13:07 pm UTC| Technicals
GBP/USD is approaching resistance levels at 1.5658 (38.2 % Retracement level), the cable is stronger against US Dollar in the short term, the cable is set to advance further towards 1.5650 levels and later towards 1.5700...