FxWirePro: GBP/USD gains some upside momentum but still bearish
Oct 28, 2016 14:07 pm UTC| Technicals
The GBP/USD pair initially declined after the release of US GDP data but soon rebounded as the pair found support at 1.2114. However, further upside is expected to belimited as raising expectations that Federal Reserve...

Oct 28, 2016 09:21 am UTC| Technicals
Major resistance 128.50 (trend line joining 128.17 and 128.41) Major support -127.50 (100- HMA) The pair has taken support near 100- HMA and jumped till 128.27 at the time of writing. It is currently trading...

FxWirePro: EUR/USD trades in narrow range, good to buy on dips
Oct 28, 2016 09:17 am UTC| Technicals
Major Resistance- 1.09550 (support turned into resistance). Major support - 1.08500 EUR/USD is trading in narrow range between 1.09467 and 1.08825 for the past two trading session. It is currently trading around...

FxWirePro: USD/CNY jumps above 6.78 mark, PBOC sets yuan mid-point at 6.7858
Oct 28, 2016 08:18 am UTC| Technicals
USD/CNY is currently trading around 6.7822 marks. It made intraday high at 6.7838 and low at 6.7762 levels. Intraday bias remains bullish till the time pair holds key support at 6.7370 marks. On the top...

Oct 28, 2016 08:17 am UTC| Technicals
In our recent technical write up on this pair, weve already stated the formation of shooting star candlestick patterns at peaks of 16-months highs which is bearish in nature (at 0.7318 levels on weekly chart and 0.7282...

FxWirePro: GBP/JPY faces strong resistance at 128.5 , good to buy on dips
Oct 28, 2016 07:56 am UTC| Technicals
Major resistance 128.50 (trend line joining 128.17 and 128.41) Major support - 127.50 (100- HMA) The pair has taken support near 100- HMA and jumped till 128.27 at the time of writing. It is currently trading...

Oct 28, 2016 07:28 am UTC| Technicals
EUR/NOK is currently trading at 9.0225 levels. It made intraday high at 9.0232 and low at 8.9960 levels. Intraday bias remains bullish till the time pair holds key support at 8.9701 marks. A sustained close...