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USD/JPY trade above short term resistance 122, good to buy at dips

Jul 10, 2015 11:08 am UTC| Technicals

RES 4 : 123.71 (2nd jul high) RES 3 : 123.03 (61.8% retracement of 125.84 and 121.30) RES 2: 122.92 (Jul 6TH HIGH) RES 1: 122.36 (55 day 4 H EMA) PRICE: 122.35 @ 10:53 GMT SUP 1 : 121.78 ( 7 day 4 H...

Canadian dollar edges up on higher Oil Prices, Employment Eyed

Jul 10, 2015 09:12 am UTC| Technicals

Support 3 1.2621 (July 6, 2015) Support 2 1.2650 (10, 25, 50 DMA) Support 1- 1.2672 (July 10, 2015) Spot Rate- 1.2721 Resistance 1 1.2744 Resistance 2 1.2780 (Daily Cloud base) Resistance 3 1.2833 (March...

FxWirePro: Risk-on trades boosted as Greece optimism creeps in, USD/JPY trades higher at 121.99

Jul 10, 2015 06:45 am UTC| Technicals

Signs that Chinese equities are stabilising and Greece optimism helping risk sentiment across the board, could lead to further consolidation and pullback in the JPY crosses The safe-haven yen duly retreated, allowing the...

FxWirePro: EUR/USD down from overnight highs, but stays firm into European open

Jul 10, 2015 05:51 am UTC| Technicals

EUR up in early trade, stays firm into European open The common currency peaked at $1.11250 overnight, but was unable to sustain gains, a clear signal that euro bulls were none too excited just yet Rising optimism...

FxWirePro: AUD/USD minor pullback from Wed's low, outlook still bearish

Jul 10, 2015 04:49 am UTC| Technicals

AUD/USD is making a minor recovery from lows of 0.7371 on Wed, but long-term outlook still remains bearish Upbeat Australia employment data and improved risk appetite supportive Greek debacle will be in focus over the...

USDINR likely to consolidated above 63.30 levels

Jul 10, 2015 03:20 am UTC| Technicals

Pair is well supported above 63.00 levels throughout the week Short covering ahead of weekend risk should support the parity Markey will eye Indias macro economic data release due later in a day Initial support is...

FxWirePro: Buy USD/CHF above 0.9450, up trend to continue further

Jul 09, 2015 14:29 pm UTC| Technicals

USD/CHF pair is set continue its bullish bias in the short run. The pair is moving upwards to test resistance level at 0.9497. The pair is currently trading around 0.9488, it is expected to advance further towards...

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