FxWirePro: NZD/CAD breaks major support at 0.9370, good to go short for 0.9275
May 19, 2017 09:10 am UTC| Technicals
NZD/CAD has shown a break below major trendline support at 0.9370, bias lower. Recovery attempts in the pair were rejected at 200-DMA and Technical indicators support downside. Upside on the day remains capped...
FxWirePro: USD/CHF closes below major support in daily chart, targets 0.9620
May 19, 2017 08:58 am UTC| Technicals
USD/CHF continues its losing streak for the fifth consecutive days and has closed well below the major support at 0.9812 low formed on Mar 27th 2017. The pair hits 0.97590 yesterday and is currently trading around...
FxWirePro: XAG/USD remains well supported above $16.40 mark, bias remains bullish
May 19, 2017 08:29 am UTC| Technicals
XAG/USD is currently trading around $16.70 marks. It made intraday high at $16.73 and low at $16.53 levels. Intraday bias remains bullish till the time pair holds key support at $16.55 mark. A daily close...
FxWirePro: EUR/SEK fails to find support above 9.78 mark, stay bullish only above 9.7816
May 19, 2017 07:44 am UTC| Technicals
EUR/SEK is currently trading around 9.7651 levels. It made intraday high at 9.7814 and low at 9.7633 levels. Intraday bias remains neutral for the moment. A sustained close above 9.7756 tests key resistances...
FxWirePro: EUR/GBP capped below 200-DMA at 0.8594, intraday bias neutral
May 19, 2017 07:39 am UTC| Technicals
EUR/GBP is struggling for direction, remains capped below 200-DMA. Intraday bias remains neutral, buy upside intact as long as pair holds above 5-DMA at 0.8571. Stiff resistance seen at 0.8595 (converged...
May 19, 2017 07:37 am UTC| Technicals
On daily terms, the current price has shown failure swings at channel resistance. Consequently, it has gone below DMAs, expect dips on bearish DMA crossover. The price behavior has been sliding in the sloping...
FxWirePro: EUR/JPY holds 20-DMA support, 'Bearish Anti Gartley' keeps bias lower
May 19, 2017 07:04 am UTC| Technicals
EUR/JPY is trading a narrow range on the day, capped below 5-DMA on the upside. JPY remains bid as markets witnessed a slight turnaround in risk condition amid a renewed uptick in treasury yields and Asian...
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