FxWirePro

FxWirePro

EURUSD took support near 55-4H EMA and showed a nice pullback. Major weakness only below 1.022 level. Bullish continuation level- 1.0500. It is good to buy on dips 1.03850-55 with SL around 1.3300 for a TP of 1.0500

FxWirePro Updated 

GBPJPY pared some of its gains after hitting one week high on a strong yen. Any break below 167.30 confirms further weakness. It is good to sell on rallies around 167.60-65 with SL around 168.50 for TP of 165.10

FxWirePro

GBPJPY breaks significant resistance 167.31 after a long consolidation. Indicators (4-Hour chart) CCI (50)- Bullish ADX- Neutral (strength increased from 11 to 13 positive for GBPJPY) It is good to buy on dips around 167.25-30 with SL around 166.70 for TP of 169

FxWirePro Updated 

It has formed a zero-line reject pattern in CCI (50). CCI bounces off of or near the zero-line (ZL). GBPJPY also shows a double top around 169.10. It is good to sell on rallies around 168.28-30 wit hSL around 169.10 for TP of 165.05

FxWirePro

It is good to sell on rallies around 109.62-65 with SL around 110.50 for TP 105.60

FxWirePro Updated 

It is good to sell on rallies around 169.35-40 with SL around 170.35 for TP of 167.40

FxWirePro Updated 

It has broken significant resistance 170 after a long consolidation. A jump to 172 is possible It is good to buy on dips around 170.20- 25 with SL around 169.35for TP of172.

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USDJPY and Gold have a negative correlation. In the weekly chart, USDJPY is showing bearish divergence, a dip to 145 is possible. It is good to buy on dips around $1664-65 with SL around $1650 for TP of $1700

FxWirePro

Nice trend line break-out on US dollar weakness. The US dollar index holds below 112 and this confirms intraday weakness, a dip to 110.85 is possible It is good to sell on rallies around 0.9930-325 with SL around 0.9960 for a TP of 0.9855

FxWirePro

The pair breaks significant resistance after a long consolidation. This confirms resumption of new bullish trend , a jump to 170 is possible. It is good to buy on dips around 167.55-60 with SL around 166.50 for TP of 170

FxWirePro Updated 

EURAUD breaks 61.8% fib retracement and holds above that level. This confirms the pair has formed a temporary bottom around 1.42833, a jump to 1.5760/1.6000 is possible. Minor bearishness only below 1.5380. It is good to buy on dips around 1.5508-100 with SL around 1.5380 for a TP of 1.5760/1.6000.

FxWirePro Updated 

It is good to buy on dips around 1.36700 with SL around 1.3630 for the TP of 1.3800

FxWirePro Updated 

Swiss banking giant Credit Suisse under deep trouble. Its five-year credit default swaps (CDS) rose by 6 basis points to close to 248 bpbs, the highest level since 2008 (Lehman brothers moment). It has increased the demand for safe-haven assets like Gold. It is good to buy on dips around $1660-61 with SL around $1640 for TP of $1700/$1740.

FxWirePro Updated 

Gold recovered sharply and jumped more than $30 on dollar weakness. US dollar index pared some of its gains made this week on profit booking. RSI in Monthly chart- US dollar index- 81.49 (Overbought) Bearish divergence in the monthly chart (CCI- 50) (positive for gold). It is good to buy on dips around $1640-41 With SL around $1620 for TP of $1720

FxWirePro

The pair has formed a bullish divergence in the weekly chart. Son minor pullback to 0.98500 is possible. Please avoid fresh shorts. Weakness only below 0.9720

FxWirePro

it is good to sell on rallies around $1647-48 with SL around $1660 for TP of $1630//$1625 (Intraday)

FxWirePro

GBPJPY gained more than 200 pips on the weak yen. The yen hits a fresh 20- year low against US d dollar on policy divergence between US Fed and BOJ. It is good to buy on dips around 164 with SL around 163 for TP of 166.30

FxWirePro

It is good to buy on dips around $1930-35 with SL around $18 for TP of $22.65/$25/$26.90