
Jul 28, 2016 12:20 pm UTC| Technicals
Major resistance -80 (trend line joining 80.77 and 80.42). The pair has made a high of 79.92 at the time of writing and declined from that level. It is currently trading around 79.60. On the lower side, minor...

FxWirePro: CAD/JPY struggles to break above 80, good to sell on rallies
Jul 28, 2016 10:34 am UTC| Technicals
Major resistance -80 (trend line joining 80.77 and 80.42). The pair has made a high of 79.92 at the time of writing and declined from that level. It is currently trading around 79.60. On the lower side, minor...

DAX30 trades well above trend resistance, targets 10480/10790
Jul 28, 2016 08:52 am UTC| Technicals
Major resistance- 10270 (trend line joining 10487 and 10348) Major support- 10200 (resistance turned into support) The index has broken major resistance 10270 and jumped till 10386 at the time of writing. It is...

EUR/USD breaks major resistance 1.1080, jump till 1.1137/1.1180 likely
Jul 28, 2016 08:18 am UTC| Technicals
Major resistance 1.1076 (200 day MA) Major support 1.1060 (21 day MA) The pair has broken major resistance 1.1076 and jumped till 1.10951. It is currently trading at 1.10870. Short term trend is slightly...

FxWirePro: USD/TRY hits fresh 7-day low to 3.0090, good to sell on rallies
Jul 28, 2016 07:59 am UTC| Technicals
USD/TRY is currently trading at 3.0148 levels. It made intraday high at 3.0190 and low at 3.0090 levels. Intraday bias remains bearish till the time pair holds key resistance at 3.0335 marks. A sustained...

FxWirePro: AUD/JPY trades a narrow range, 20-DMA at 78.39 is strong support
Jul 28, 2016 07:48 am UTC| Technicals
AUD/JPY slides along stiff channel top resistance, downside pauses at 20-DMA support currently at 78.39. Onlya break below 20-DMA will see further weakness, scope then for test of 75.60. Techs are bearish, Stochs...

FxWirePro: EUR/GBP upside struggles at 20-DMA, focus on eurozone sentiment and German CPI data
Jul 28, 2016 07:28 am UTC| Technicals
Better sentiment around the single currency has supported upside in EUR/GBP. The pair has hit session highs at 0.8415, but struggles to extend gains. 20-DMA currently at 0.8411 has been limiting upside in the...