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USD/CAD: Buy above 1.2947

Sep 09, 2016 08:23 am UTC| Technicals

Major resistance- 1.2947 (100- 4H MA). Major support -1.2865 (61.8% retracement of 1.28224 and 1.29457). Loonie has broken minor resistance at 1.2940 and slightly jumped till 1.29457 from that level. It is...

FxWirePro: Swedish krona erases previous gain against euro; stay bullish

Sep 09, 2016 08:12 am UTC| Technicals

EUR/SEK is currently trading around 9.5156 levels. It made intraday high at 9.5272 and low at 9.5004 levels. Intraday bias remains bullish till the time pair holds key support at 9.4815 marks. A daily close...

FxWirePro: USD/JPY capped below 38.2% Fib, good to go short on break below 102

Sep 09, 2016 07:26 am UTC| Technicals

USD/JPY holds above 102 handle, we see weakness onbreak below. Upside finds stiff resistance at 102.57 to 102.71 zone - 102.57 (38.2% Fib), 102.62 (50-DMA), 102.71 (10-DMA). Major trend is down, bearish...

FxWirePro: USD/ZAR breaks key resistance at 14.17, good to buy on dips

Sep 09, 2016 07:04 am UTC| Technicals

USD/ZAR is currently trading around 14.21 levels. It made intraday high at 14.23 and low at 14.11 levels. Intraday bias remains slightly bullish till the time pair holds major support at 14.17 levels. A...

FxWirePro: USD/TRY jumps above 2.95 mark, faces key resistance at 2.9605

Sep 09, 2016 06:20 am UTC| Technicals

USD/TRY is currently trading at 2.9530 levels. It made intraday high at 2.9596 and low at 2.9495 levels. Intraday bias remains neutral for the moment. A sustained close below 2.9314 will drag the parity...

FxWirePro: EUR/GBP struggles to hold above 50-DMA, UK trade data in focus

Sep 09, 2016 05:51 am UTC| Technicals

EUR/GBP failed to hold above daily 50-MA yesterday, trades a narrow range into the Euroepan open. The pair is currently holding above 10-DMA support at 0.8446, daily cloud is also strong support. Our previous...

FxWirePro:GBP/JPY faces strong support at 135,good to buy on dips

Sep 09, 2016 05:43 am UTC| Technicals

Major support 135.09 (38.2% retracement of 138.83 and 129.06). Major resistance 137.10 (10-day MA). GBP/JPY has taken support around 38.2% fibo level and recovered sharply from that level. It is currently...

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