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FxWirePro: WTI crude consolidation pattern appears to be exhausted at 23.6% fibos as bears on upper hand – Stay short via near month futures

Sep 13, 2016 10:45 am UTC| Technicals

Before we begin with this write-up, lets just have a glance on our previous article on WTI oil price consolidation around months ago. Please follow below...

FxWirePro: Short NZD/JPY break below 20-DMA at 74.28, target 72.90

Sep 13, 2016 08:12 am UTC| Technicals

NZD/USD intraday bias lower, finds strong support by 20-DMA at 74.28. Techs are bearishly aligned, RSI is biased lower, Stochs show bearish rollover from overbought zone. MACD line is on the verge of bearish...

GBP/JPY Trade idea

Sep 13, 2016 07:43 am UTC| Technicals

Major support 135.09 (38.2% retracement of 138.83 and 129.06). Major resistance 137.66 (55-day EMA). GBP/JPY has once again recovered after making a low of 135.17. It is currently trading around 135.90. On...

FxWirePro: AUD/JPY breaks major support at 76.80, scope for test of 76 levels

Sep 13, 2016 07:41 am UTC| Technicals

AUD/JPY slips below 20-DMA at 77.30 on Mondays trade, intraday bias lower. Techs are bearish, we see scope for test of trendline support at 76. Major support levels - 76.50 (Aug 2, 3 low), 76.41 (Sept 12 low),...

FxWirePro: Chinese yaun falls despite higher than expected retail sales, industrial production data

Sep 13, 2016 07:27 am UTC| Technicals

USD/CNY is currently trading around 6.6827 marks. It made intraday high at 6.6873 and low at 6.6780 levels. Intraday bias remains bullish till the time pair holds key support at 6.6710 marks. On the top...

FxWirePro: EUR/USD faces strong resistance at 1.12780, good to sell on rallies

Sep 13, 2016 07:07 am UTC| Technicals

Major support- 1.118 (90- day EMA). Major resistance 1.12780 (61.8% retracement of 1.13269 and 1.11986). EUR/USD has declined sharply after making a 1.12678 yesterday. It is currently trading around...

FxWirePro: DAX30 takes support near 23.6% fibo, good to sell on rallies

Sep 13, 2016 06:49 am UTC| Technicals

Major support 10300 (38.2% retracement of 10806 and 8695). Major resistance 10806 DAX30 has taken support near 23.6% retracement of 10806 and 8695 and slightly jumped from that level. It is currently trading...

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Economy

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Politics

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Science

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Technology

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