
Aug 31, 2016 13:16 pm UTC| Technicals
Major resistance- 0.9830 (200- day MA). Major support 0.9740 (55-day EMA). USD/CHF has jumped above 200-day MA till 0.9844 yesterday. It is currently trading around 0.9835. Any break above 200- day MA will...

USD/CHF trade above 200-day MA, targets 0.9960
Aug 31, 2016 12:12 pm UTC| Technicals
Major resistance- 0.9830 (200- day MA). Major support 0.9740 (55-day EMA). USD/CHF has jumped above 200-day MA till 0.9844 yesterday. It is currently trading around 0.9835. Any break above 200- day MA will...

FxWirePro: WTI crude bears resume as shooting star to evidence more slumps ahead of EIA inventory
Aug 31, 2016 10:12 am UTC| Technicals
Technical Glance: The recent intermediary rallies have tested resistance at 49.09 levels and been rejecting prices thereafter (see daily chart). Shooting star is appeared at peaks of 47.28 levelthat has evidenced its...

FxWirePro: FTSE100 struggles to break above 200- HMA, good to sell on rallies
Aug 31, 2016 09:29 am UTC| Technicals
Major resistance 6865 (200 day MA). Major support 6730 (trend line joining 6848 and 6811). The index has retreated from the high of 6852 yesterday. It is currently trading around 6812. FTSE100 is facing...

FxWirePro: EUR/GBP slips below 0.85 handle, bias lower, good to sell rallies
Aug 31, 2016 08:31 am UTC| Technicals
EUR/GBP has broken below the 0.85 handle, intraday bias lower. Daily charts show a bearish 7-DMA crossover on 21-DMA. Techs indicate further downside, Stochs and RSI point south. 0.8460 is major trendline...

FxWirePro: USD/TRY remains well supported below 2.96, sustained break below 2.95 targets 2.9318
Aug 31, 2016 08:13 am UTC| Technicals
USD/TRY is currently trading at 2.9568 levels. It made intraday high at 2.9655 and low at 2.9552 levels. Intraday bias remains bearish till the time pair holds key resistance at 2.9672 marks. A sustained...

GBP/JPY faces trend line resistance at 135.25, break above targets 136.25/137.70
Aug 31, 2016 07:39 am UTC| Technicals
Major resistance- 135.25 (trend line joining 133.29 and 134.39). Major support- 134.30 (hourly Kijun-Sen). The pair has broken major resistance 134.45 (7 day EMA) yesterday and jumped till 135.20 at the time of...