FxWirePro: USD/CAD upside capped by 89- day EMAW,good to sell on rallies
Jan 11, 2017 09:25 am UTC| Technicals
Major resistance 1.3260 (89- day EMA) Major support -1.31900 Loonie jumped slightly after making a low of 1.31918. It is currently trading around 1.32314. USD/CAD upside capped by 89- day EMA and any break...
FxWirePro: Turkish lira hits fresh record low at 3.8938 against U.S. dollar, bias remains bullish
Jan 11, 2017 08:40 am UTC| Technicals
USD/TRY is currently trading at 3.8570 levels. It made intraday high at 3.8938 and low at 3.7807 levels. Intraday bias remains bullish for the moment. Key resistances are seen at 3.8938, 3.9076, 3.9226 and...
FxWirePro: AUD/CAD hovers around 23.6% Fib, bias higher, stay long
Jan 11, 2017 07:41 am UTC| Technicals
AUD/CAD extends gains after breach of 20-DMA resistance at 0.9719. The pair is struggling to extend gains above 23.6% Fib at 0.9783. Technical studies are biased higher. RSI and Stochs are at neutral territory, bias...
GBP/JPY faces strong resistance at 200- day MA, break above targets 143
Jan 11, 2017 07:10 am UTC| Technicals
Major resistance 141.60 (200- day MA) Major support -140 The pair jumped from the low of 140.17 till 141.47 at the time of writing. It is currently trading around 141.05. GBP/JPY upside is capped by...
FxWirePro: South African rand marginally higher against U.S. dollar, bias remains neutral
Jan 11, 2017 06:55 am UTC| Technicals
USD/ZAR is currently trading around 13.72 levels. It made intraday high at 13.77 and low at 13.68 levels. Intraday bias remains neutral for the moment. A daily close above 13.73 will take the parity...
FxWirePro: Copper breaks major resistance at 2.570, good to go long on dips
Jan 11, 2017 06:49 am UTC| Technicals
Copper has broken above major trendline resistance at 2.570, bias higher. Technical indicators have turned bullish, scope for upside rises. MACD has shown a bullish crossover on signal line, momentum is...
FxWirePro: USD/CNY exhibits range bound movement, PBOC sets yuan mid-point at 6.9235
Jan 11, 2017 06:30 am UTC| Technicals
USD/CNY is currently trading around 6.9223 marks. It made intraday high at 6.9281 and low at 6.9177 levels. Intraday bias remains neutral for the moment. . A sustained close above 6.9179 marks will test key...
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