Dec 28, 2016 11:31 am UTC| Technicals
Major resistance 1.3590 (Nov 14th 2016 high). Loonie jumped from the low of 1.3472 made yesterday. It is currently trading around 1.35771. The pair has taken support near 21- 4H EMA and recovered sharply from...
FxWirePro: USD/CAD faces strong resistance around 1.3590, good to buy on dips
Dec 28, 2016 10:28 am UTC| Technicals
Major resistance 1.3590 (Nov 14th 2016 high). Loonie jumped from the low of 1.3472 made yesterday. It is currently trading around 1.35771. The pair has taken support near 21- 4H EMA and recovered sharply from...
FxWirePro: NZD/CAD on track to test 100-DMA at 0.9491, good to go long on dips
Dec 28, 2016 09:11 am UTC| Technicals
NZD/CAD has broken major trendline resistance at 0.9350, bias higher. The pair is at the time of writing holding above 0.94 handle after breaking 20-DMA resistance at 0.9382. The below mentioned technical...
Dec 28, 2016 08:12 am UTC| Technicals
Weve already emphasized bullish gap formations in our previous technical write up. You see the break-away gap occurred at 46.27 and bulls bounced from the lows of 44.86 with intensified bullish momentum. Thereafter,...
FxWirePro:FTSE100 downside capped by 10 –day MA,good to buy on dips
Dec 28, 2016 07:59 am UTC| Technicals
Major resistance 7130 (Oct 11th high) Major intraday support -6995 (10- day MA) The index breaks minor resistance at 7050 and slightly jumped till 7084 at the time of writing from that level. FTSE100 closed...
FxWirePro: AUD/JPY holds above major trendline support at 84, intraday bias higher
Dec 28, 2016 07:48 am UTC| Technicals
AUD/JPY breaks above 5-DMA at 84.42, extends bullish momentum. The pair is on track to test 85, but finds stiff resistance by 20-DMA at 85.25. Further bullishness seen only on break above 20-DMA. Technical...
EUR/CAD breaks major resistance 1.4170, jump till 1.4295 likely
Dec 28, 2016 07:05 am UTC| Technicals
Major resistance 1.4170 Major support -1.4140 (trend line joining 1.38802 and 1.40705) EUR/CAD has broken major resistance of 1.4170 yesterday and jumped till 1.42177 at the time of writing. It is currently...
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