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GBP/JPY Trade idea

Sep 05, 2016 10:58 am UTC| Technicals

Major resistance - 138.85 Major support - 137.30 (55- H EMA). GBP/JPY has once gain retreated after jumping till 138.46 at the time of writing.It is currently trading around 137.65. Short term trend is slightly...

FxWirePro: FTSE100 struggles to break above 6950, good to sell on rallies

Sep 05, 2016 08:49 am UTC| Technicals

Majorresistance6956(Aug 15th 2016 high). Majorsupport6693(50- day MA). Theindexhasretreatedfromthehighof6930yesterday.Itiscurrentlytradingaround6888. FTSE100isfacingstrongresistanceat6950...

FxWirePro: Swedish krona weakens against euro despite higher than expected industrial production data

Sep 05, 2016 08:20 am UTC| Technicals

EUR/SEK is currently trading around 9.5673 levels. It made intraday high at 9.5713 and low at 9.5433 levels. Intraday bias remains neutral till the time pair holds key resistance at 9.5713 marks. A daily...

FxWirePro: Cable faces strong resistance at 55-day EMA, good to sell on rallies

Sep 05, 2016 08:15 am UTC| Technicals

Major resistance- 1.3350 (55- day EMA). Major support - 1.3240 (3- day EMA). Cable is facing strong resistance at 55- day EMA and any bullishness can be seen only above that level. It is currently trading around...

FxWirePro:GBP/JPY faces strong resistance at 138.85,good to sell on rallie

Sep 05, 2016 07:17 am UTC| Technicals

Major resistance - 138.85 Major support - 137.30 (55- H EMA). GBP/JPY has formed temporary top around 138.85 and declined from that level. It is currently trading around 137.69. Short term trend is slightly weak...

FxWirePro: Turkish lira gains against USD ahead of CPI data

Sep 05, 2016 06:44 am UTC| Technicals

USD/TRY is currently trading at 2.9444 levels. It made intraday high at 2.9509 and low at 2.9429 levels. Intraday bias remains bearish till the time pair holds key resistance at 2.9710 marks. A sustained...

FxWirePro: AUS200 faces strong support at 5350, good to buy on dips

Sep 05, 2016 05:48 am UTC| Technicals

Major resistance -5445 (55-day EMA). Major support - 5350. The index has slightly recovered after making a low of 5351 yesterday. It is currently trading around 5422. On the higher side,minor resistance is...

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Economy

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