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FxWirePro: USD/CAD trade Idea

Dec 12, 2016 12:53 pm UTC| Technicals

Major resistance- 1.32500 Major support 1.3070 (200- day MA). Loonie broken minor support 1.3150 today morning and declined till 1.31114 at the time of writing. It is currently trading around...

FxWirePro: USD/CAD trades lower on higher oil prices , good to sell on rallies

Dec 12, 2016 12:25 pm UTC| Technicals

Major resistance- 1.32500 Major support 1.3070 (200- day MA). Loonie broken minor support 1.3150 today morning and declined till 1.31114 at the time of writing. It is currently trading around...

DAX30 :161.8% retracement and RSI bearish Divergence

Dec 12, 2016 09:00 am UTC| Technicals

Major Resistance- 11327 (161.8% retracement of 10830 and 10025); Major support 10485 (trend line joining 9302 and 10200). The index jumped sharply after breaking major resistance10830. It jumped till 11240 and...

FxWirePro: AUD/USD capped below 5-DMA, bias lower, stay short

Dec 12, 2016 08:55 am UTC| Technicals

AUD/USD recovery attempts capped by 5-DMA currently at 0.7462. Pair unable to extend gains above 38.2% Fib, extending slide along 20-DMA. Momentum studies bearish, RSI below 50 levels and Stochastics have rolled...

FxWirePro: South African rand weakens against U.S. dollar, sustained close above 13.96 targets 14.08

Dec 12, 2016 08:27 am UTC| Technicals

USD/ZAR is currently trading around 13.84 levels. It made intraday high at 13.87 and low at 13.78 levels. Intraday bias remains slightly bullish till the time pair holds key support at 13.62 marks. A...

FxWirePro: EUR/GBP on track to test 200-DMA at 0.8296, good to sell rallies

Dec 12, 2016 07:11 am UTC| Technicals

EUR/GBP has broken major trendline support, bias lower. Momentum studies are bearish, scope for test of 200-DMA at 0.8296. Violation at 200-DMA could drag the pair to 0.82 (61.8% Fib). Support levels -...

FxWirePro: XAG/USD remains well supported below $17.00 mark, faces strong support at $16.77

Dec 12, 2016 07:08 am UTC| Technicals

XAG/USD is currently trading around $16.84 marks. It made intraday high at $16.90 and low at $16.76 levels. Intraday bias remains neutral till the time pair holds key support at $16.77 levels. A daily close...

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