FxWirePro

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.

FxWirePro

AUD/JPY major resistance -94.51(Oct 014th high and also 61.8% retracement of 96.02 and 91.74). Trend reversal level only above 94.51. Minor support is around 93.70. On the downside break below 93.38 (38.2% retracement 96.02 and 91.75) and 92.85 (Oct 12th low)). Recommendation: Sell AUD/JPY around 93.80-85, SL 94.51, Targets 93.38/93.02.

FxWirePro

USDJPY Trend reversal level -107.60. Short term trend -Slightly weak. Target -106.54 (50% retracement of 105.19 and 107.39)/106.33 (Kijun-Sen) Stop Loss - 107.60. Recommendation : Sell USD/JPY around 107.20-25, SL 107.60, Targets 106.54/106.33

FxWirePro

Long term charts paint a bullish picture Pair will closed week above key 55 WMA while RSI is biased up & room to run We look to get long at 0.8360 which is near a long term pivot We expect 0.8435/60 resistance to break & target 0.8585 (2.6%), stop is set at 0.8125 (2.8%)