FxWirePro: EUR/JPY holds 100-DMA support, weakness only on break below
Feb 23, 2017 07:16 am UTC| Technicals
Euro buoyed on Wednesday after Francois Bayou pulled out of the French Presidential race, boosting Macros probability of beating anti-Euro Marine Le Pen. EUR/JPY on Wednesday saw sharp rebound from session lows at...
Feb 23, 2017 07:08 am UTC| Technicals
Weve been neutral in a 0.7130-0.7240 range for Kiwi dollar against US dollar. Next strong resistance is seen at 0.7245 levels. Major resistance is seen at 0.7410 levels. When youve to observe the consolidation...
FxWirePro: USD/ZAR falls below 13.00 mark, stay bearish below 12.95
Feb 23, 2017 06:53 am UTC| Technicals
USD/ZAR is currently trading around 12.98 levels. It made intraday high at 13.02 and low at 12.92 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.17 marks. A daily...
FxWirePro: GBP/JPY forms symmetrical triangle pattern, good to sell on rallies
Feb 23, 2017 06:51 am UTC| Technicals
Chart pattern- Symmetrical triangle pattern Major resistance 142.05 (trend line joining 144.78 and 142.80) Major support 139.40 (200- day MA) GBP/JPY has declined once again after jumping till 142.05...
FxWirePro: USD/KRW remains well supported below 1,140 mark after BOK’s base rate decision
Feb 23, 2017 06:34 am UTC| Technicals
USD/KRW is currently trading around 1,138 levels. Pair made intraday high at 1,140 and low at 1,135 marks. Intraday bias remains neutral till the time pair holds key support at 1,138 marks. A daily close...
FxWirePro: Bullish RSI divergence on EUR/GBP hourly charts, good to go long on break above 0.85
Feb 23, 2017 06:22 am UTC| Technicals
EUR/GBP fails to hold break below 200-DMA at 0.8467, has edged higher to currently trade at 0.8488. The single currency showed a sharp rebound yesterday after Francois Bayou pulled out of the French Presidential race,...
FxWirePro: Buy Gold only above $1245
Feb 23, 2017 06:15 am UTC| Technicals
Major support - $1225 (21- day EMA) Major resistance - $1245 (Feb 8th high) The yellow metal is trading in narrow range between $1243.85 and $1226 for the past four trading sessions. It is currently trading...
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