FxWirePro: GBP/USD breaks major resistance 1.3050, targets 1.3200
Jul 17, 2017 08:58 am UTC| Technicals
Cable has broken major resistance around 1.30475 made on May 18th 2017 after weaker than expected U.S economic data. The pair jumped till 1.31138 on Friday and is currently trading around 1.30713. U.S data came...
FxWirePro: EUR/SEK hits fresh 3-month low at 9.5204 mark, consistent close below targets 9.4711 mark
Jul 17, 2017 08:30 am UTC| Technicals
EUR/SEK is currently trading around 9.5437 levels. It made intraday high at 9.5447 and low at 9.5249 levels. Intraday bias remains slightly bullish till the time pair holds key support at 9.5204 marks. A...
FxWirePro: AUD/CAD finds major resistance at 0.9955, recommend long positions only on break above
Jul 17, 2017 08:24 am UTC| Technicals
AUD/CAD trading a narrow range on the day, bias remains higher. Aussie bulls largely ignore upbeat China data dump, which was higher on all categories. The pair finds major resistance at 0.9955 (falling...
FxWirePro: GBP/JPY faces strong resistance at 148.10, good to buy on dips
Jul 17, 2017 08:17 am UTC| Technicals
GBP/JPY recovered sharply till 147.60 after a forming a minor bottom around 145.26. The pair downside capped by 21- day EMA and any break below confirms minor weakness. It is currently trading around 147.47. The...
FxWirePro: Turkish lira erases previous gain against U.S. dollar, bias remains slightly bullish
Jul 17, 2017 07:45 am UTC| Technicals
USD/TRY is currently trading at 3.5430 levels. It made intraday high at 3.5441 and low at 3.5254 levels. Intraday bias remains bullish for the moment. Key resistances are seen at 3.5441, 3.5525, 3.5757,...
FxWirePro: AUD/CHF upside pauses shy of 61.8% Fib at 0.7554, break above could see further upside
Jul 17, 2017 06:49 am UTC| Technicals
AUD/CHF halts shy of 61.8% Fib retrace of 0.7806 to 0.7146 fall at 0.7554. Aussie bulls fail to benefit from upbeat China data dump, which was higher on all categories. We could see resumption of upside on break...
FxWirePro: USD/ZAR trades in narrow range, good to sell on rallies
Jul 17, 2017 06:31 am UTC| Technicals
USD/ZAR is currently trading around 13.03 levels. It made intraday high at 13.04 and low at 13.00 levels. Intraday bias remains neutral till the time pair holds key support at 12.98 mark. A daily close...
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