Nikkei CBOE DEC Future: Watch Out for 19340 for further bullishness
Nov 05, 2015 06:53 am UTC| Technicals
Nikkei/USD Dec futures is consolidating between 19275 and 18675 level for the past four trading session. The index is facing major resistance around 19340 (200 day MA) and any close above this level will confirm...
FxWirePro: EUR/CAD breaks minor trend line support, good to buy at dips
Nov 05, 2015 05:55 am UTC| Technicals
EUR/CAD has made a low of 1.4250 and started to recover from that level. It is currently trading around 1.3105. The pair has broken minor trend line resistance 1.4308 (trend line joining 1.4556 and 1.4488) and this...
FxWirePro: USD/JPY below channel resistance at 121.48, good to sell rallies
Nov 05, 2015 04:43 am UTC| Technicals
Greenback broke out of its 120.00-121.60 range against the yen, to reach a two-month high of 121.72 after Yellen signalled Dec rate hikes. USD/JPY is off overnight highs, retraced some of the gains and has edged back...
GBP/JPY faces support at 186.25, break below targets 185
Nov 05, 2015 03:22 am UTC| Technicals
GBP/JPY is trading in narrow range 187.30 and 186.47 yesterday . The pair is currently trading at 186.84. The pairs further bullishness can be seen only above channel trend line break out (trend line joining 184.85...
FxWirePro: USD/CHF key support at 0.9857, bullish in the short term
Nov 04, 2015 19:34 pm UTC| Technicals
The USD/CHF has bounced back towards 0.9945 levels, after failing to break below 0.9849 support level. The pair has been trading in bullish trend off late and is set to continue advancing further. As long as the pair...
FxWirePro: EUR/USD key resistance level at 1.0981, bearish in the short term
Nov 04, 2015 14:54 pm UTC| Technicals
The pair found renewed bearish momentum after breaking support at 1.0925 and is declining downwards to test next support level at 1.0875. The pair is trading around 1.0899 levels and it is expected decline further towards...
FxWirePro: USD/CAD key resistance at 1.3036, upside prevails in the short term
Nov 04, 2015 14:35 pm UTC| Technicals
The pair is retreated from daily highs 1.3109 hit earlier after the release of ADP employment data, currently the pair is trying to approach resistance level at 1.3105. 1.3030 levels has been strongly supportive and is set...
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