Jun 06, 2016 07:18 am UTC| Technicals
The pair has opened the week with a gap down at 1.9608 versus theprevious close at 1.9693. Thereby it has breached below supports at 1.9697 levels, Bear have now exposed towards retesting of 38.2% retracement on...
FxWirePro: Swedish krona erases previous gain against euro, intraday bias remains bullish
Jun 06, 2016 07:16 am UTC| Technicals
EUR/SEK is currently trading around 9.2617 levels. It made intraday high at 9.2683 and low at 9.2386 levels. Intraday bias remains bullish till the time pair holds key support at 9.2329 marks. A daily close...
FxWirePro: NZD/JPY holds major trendline supprot at 73.75, weakness only on break below
Jun 06, 2016 07:11 am UTC| Technicals
NZD/JPY remains capped below 50-DMA currently at 74.83. The pair is trading a narrow range on the day, Doji formation seen on the day till now. NZD/JPY holding strong trendline support at 73.75, break below will...
FxWirePro: GBP/USD trades weak on renewed Brexit fears, good to sell on rallies
Jun 06, 2016 06:42 am UTC| Technicals
Cable trades below major support of 1.4400 on renewed Brexit fears. It is currently trading at 1.4386. According to Brexit poll conducted by YouGov recently shows a lead for Brexit. The poll was based on Wed-Friday...
FxWirePro: "Bearish Cypher" on NZD/USD dailies, go short on break below 0.69
Jun 06, 2016 06:41 am UTC| Technicals
NZD/USD gives up some of the NPF led gains amid broad based US dollar rebound, and is trading just above the 0.69 handle. Thin trading on the back of a public holiday in New Zealand further seems to accentuate the...
Jun 06, 2016 06:40 am UTC| Technicals
Technical Inference: Its been quite a lot baffling golds prices when you consider short, medium and long-term trends. Althoughthe precious yellow metal has spiked during early Asian sessions today could not hold onto...
FxWirePro: Go long on XAG/USD only above $16.42 with stop loss at $16.28 and target of $16.90
Jun 06, 2016 06:18 am UTC| Technicals
XAG/USD is currently trading around $16.39 marks. It made intraday high at $16.43 and low at $16.33 levels. Intraday bias remains bullish till the time pair holds key support at $16.11 marks. A daily close...
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