FxWirePro: Swedish krona appreciates against euro after industrial production data
Mar 03, 2017 08:39 am UTC| Technicals
EUR/SEK is currently trading around 9.5461 levels. It made intraday high at 9.5530 and low at 9.5388 levels. Intraday bias remains bullish till the time pair holds key support at 9.5154 marks. A sustained...
FxWirePro: USD/ZAR fails to break key resistance at 13.17, sustained close below targets 12.86
Mar 03, 2017 07:32 am UTC| Technicals
USD/ZAR is currently trading around 13.13 levels. It made intraday high at 13.17 and low at 13.11 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.17 marks. A daily...
FxWirePro: GBP/JPY breaks trend line support, good to sell on rallies
Mar 03, 2017 07:30 am UTC| Technicals
Major support -140.15 (trend line joining 138.85 and 139.58). Major resistance- 140.75 GBPJPY is trading between 140.74 and 138.84 for the past three trading session. It is currently trading around...
FxWirePro: NZD/CAD finds major support at 200-DMA (0.9397), weakness only on break below
Mar 03, 2017 07:29 am UTC| Technicals
NZD/CAD has broken below 100-DMA support at 0.9469, intraday bias lower. The pair was rejected at major trendline resistance at 0.9590 and is extending declines for 3rd consecutive session. Downside finds major...
FxWirePro: NZD/USD sold-off for 6th consecutive session, divergent monetary policy outlook weighs
Mar 03, 2017 06:51 am UTC| Technicals
NZD/USD heavily sold-off into divergent monetary policy outlooks between the Fed and RBNZ. Market pricing only 50% chance of a RBNZ rate hike in November. On the other side recent streak of upbeat US economic...
FxWirePro:Gold trades well below trend line support in daily chart, decline till $1216 likely
Mar 03, 2017 06:26 am UTC| Technicals
Potential reversal Zone (PRZ) - $1227. The yellow metal hits one week low yesterday on account of strong dollar and increasing U.S 10 year bond yields. Gold has declined almost $20 from the high of $1250.It is...
FxWirePro: USD/INR exhibits range bound movement, intraday bias remains neutral
Mar 03, 2017 06:22 am UTC| Technicals
USD/INR is currently trading around 66.82 marks. It made intraday high at 66.85 and low at 66.78 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 66.89, 67.01, 67.17, 67.31,...
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