FxWirePro

FxWirePro

AUD/USD is trading near major resistance 0.88975 (Oct 9th high) and any break above will confirm the bullish trend. Any indicative break of 0.88975 would extend gain to 0.8930/0.9005. Minor support is around 0.8860 (resistance turned into support) and any break below will target 0.883/0.880. Recommendation: Buy AUD/USD around 0.880, SL 0.886, Target 0.8930/0.9005.

FxWirePro

USD/CAD has broken major short term support 1.11830 (Oct 22nd low) and is expected to show free fall in the coming days. On the downside break below 1.1180 will target 1.11350 (50% retracement of 1.08858 and 1.13842) and 1.108 (Oct 9th low). Minor resistance is around 1.1207 (Kijun-Sen) and break above will target 1.1220/1.1254. Recommendation: Sell USD/CAD around...

FxWirePro

GBP/USD has broken major resistance 1.6150 (neckline of inverted head and shoulder) and is expected to trade higher in the coming days. An indicative break of 1.6150 would extend gain to 1.6200/1.6226. Minor support S1 is around 1.6070 (trend line joining 1.58736 and 1.59935) and break below will target 1.6025 (Cloud bottom)/1.59935 (Oct 23rd high). We prefer to...

FxWirePro

USD/CHF has broken short term support at 0.9470 (Oct 9th low). On the downside break below will target 0.9396/0.9358 (Oct 15th low). Minor resistance is around 0.9500.Any indicative break above would extend gain to 0.9520/0.9561. Short term trend reversal only above 0.9561. Recommendation: Sell USD/CHF around 0.9462-65, SL 0.9501, Target 0.9400/0.9358.

FxWirePro

USD/JPY has taken support at 107.59 (23.6% retracement of 105.18 and 108.34) and recovered from that level. Trend reversal only below 107.58. Overall trend is bullish and is expected to go up to 110.08 (Oct 1st high). It is good to buy around 108-108.10, SL 107.58, Target 110.08

FxWirePro

AUD/NZD has taken support near 1.11345 and has recovered from that level.Major support is around 1.11260. Any indicative break below would extend loss to 1.1102/1.090. Minor support is around 1.11580. Minor resistance is around 1.1200. On the upper side break above will target 1.1227 (23rd Oct high). Recommendation: Buy AUD/NZD around 1.1170, SL 1.11580, Target 1.1227.

FxWirePro

Short Term Trend -Bullish EUR/USD should break 1.2605 (Oct 10th low) to confirm that the rebound from 1.2501 has ended at 1.2887. Break below 1.2605 will target 1.2500 (Oct 3rd low) and 1.2470 (61.8% projection of 1.36697 and 1.2858 from 1.2994). Short term resistance is around 1.2752 (61.8% retracement of 1.2840 and 1.2614). On the upper side indicative break of...

FxWirePro

According to our analysis GBP/USD has made a high of 1.6145 and is currently trading at 1.6143. Overall trend is slightly bullish and is expected to reach 1.6183 (our 2nd target). Short term weakness can be seen only below 1.6080.

FxWirePro

EUR/CAD has taken support at 1.4170 and has recovered from that level. It has also broken minor resistance 1.4250 (Oct 23rd high) and is expected to trade higher in the coming days. Short term trend is bullish .On the upper side break of 1.4250 will target 1.4308/1.4350 (61.8% retracement of 1.44552 and 1.4159). Minor support is around 1.4200. An indicative break...

FxWirePro

USD/CHF major resistance (R1) -0.95601.Trend reversal only above 0.95601 level. A break of indicative resistance area 0.95601 would extend gain to 0.9593/0.9625. Major support (S1) - 0.9469 (Cloud bottom). Break below S1 will target 0.9420(S2)/0.9350(S3). Short term trend is slightly weak and it is good sell on rallies. We prefer to sell on rallies near 0.9520...

FxWirePro

GBP/USD has broken minor resistance 1.6082 and is expected to trade higher for the intraday . On the higher side break above will target 1.6140/1.6183 (Oct 21st high). Major support is around 1.6020. Intraday weakness can be seen only below that level. Recommendation: Buy GBP/USD around 1.6080-85, SL 1.6020,Target 1.6140/1.6183

FxWirePro

USD/JPY is facing minor support at 107.63 (Kijun-Sen). Intra day weakness can be seen only below that level. On the downside below 107.63 will target 107/106.74. Minor resistance is around 108.35. Break above will take the pair to 108.80/109.25. Recommendation: Buy USD/JPY around 108, SL 107.63, Target 108.80/109.25

FxWirePro

AUD/JPY has recovered after making a low of 91.75. Intraday trend is slightly positive and is expected to go up to 96 in the coming days. Minor resistance is around 94.58 (200 day MA). On the upper side break above will target 95.18 (50% retracement of 98.66 and 91.75)/96. Minor support is around 94.15. Break below will target 93.75/93.50. Recommendation: Buy...

FxWirePro

According to our analysis GBP/USD has made a low of 1.5995 and is currently trading at 1.6012. Overall trend is still weak and is expected to reach 1.5950 (our 2nd target). Intra day bullishness can be seen only above 1.6080.

FxWirePro

GBPUSD is facing minor resistance around 1.6080 (trend line joining 1.6412 and 1.6225) and intraday bullishness can be seen only above that level. On the upper side break above will target 1.6140/1.6183. Minor support is around 1.6050 and break of will target 1.6005/1.5950. Recommendation: Sell GBP/USD around 1.6040, SL 1.6082, Target 1.6005/1.5950.

FxWirePro

Short term trend is bullish and is expected to reach 1.1250/1.12950. Recommendation: Buy USD/CAD around 1.1215, SL 1.1200, Targets 1.1250/1.12950.

FxWirePro

GBPUSD has broken short term support 1.6050 (Oct 17th low) and is expected to trade lower in the coming days. On the downside break of 1.6050 will target 1.6005/1.5950. Minor resistance is around 1.6080. Break above 1.6080 will target 1.6140/1.6183 (Oct 21st high). Recommendation: Sell GBPUSD around 1.6060, SL 1.6082, Target 1.6005/1.5950.

FxWirePro

Overall trend is slightly positive. Short term reversal can happen only below 1.6075. Recommendation: Buy GBPUSD around 1.6125-30, SL 1.6075, Targets 1.6226/1.6278.