FxWirePro: EUR/USD faces strong resistance at 1.1400, good to buy at dips
Jun 06, 2016 11:04 am UTC| Technicals
Major support 1.1299 (200 4 H MA) EUR/USD has jumped drastically on Friday due to weaker than expected US jobs data. It is currently trading around 1.13478. The U.S economy has added only 38k jobs in the month...
Jun 06, 2016 10:46 am UTC| Technicals
Bulls halted again and current prices drift below DMAs but testing support at 1.2905, the breach below exposes more downside potential, else bulls have equal chances. Bulls in thedollar have tested resistance at 1.3145...
GBP/JPY faces resistance at 155.15, break above targets 157.20/158
Jun 06, 2016 09:45 am UTC| Technicals
Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly-chart the pair should close...
FxWirePro: AUD/CAD breaks major trendline resistance, on track to test 50-DMA
Jun 06, 2016 08:48 am UTC| Technicals
AUD/CAD has broken above stiff resistance in 0.9495-0.95 area and is on track to test 50-DMA at 0.9641. Price action on the day was rejected at lows by 0.9487, and the pair is currently above the 0.95 handle at 0.9536...
ETH/USD faces strong support at $13, good to buy at dips
Jun 06, 2016 08:05 am UTC| Technicals
Major intraday support - $13 (21 day MA) Major resistance- $14 The pair has declined till $13 and slightly shown an upside momentum. The pair is facing astiff resistance of $14 and any break above will take the...
FxWirePro: USD/CNY falls below 6.56 mark, faces major support at 6.5510
Jun 06, 2016 07:56 am UTC| Technicals
USD/CNY is currently trading around 6.5572 marks. It made intraday high at 6.5854 and low at 6.5595 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5723 levels. A sustained...
FxWirePro: BTC/USD faces strong resistance at $600, good to buy at dips
Jun 06, 2016 07:21 am UTC| Technicals
BTC/USD is trading stronger and jumped till $588 on Friday. It is currently trading around $580. The pair is facing psychological resistance around $600 and thebreak will take the pair till $630 (161.8% retracement of...
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