Oct 19, 2016 12:28 pm UTC| Technicals
Please be noted that the WTI crude price rejects at 51.12 levels despite 7DMA crossing over 21DMA. During European trading sessions, bears resume to evidence day lows of 50.86 levels. For now, the commodity has been...
Oct 19, 2016 12:12 pm UTC| Technicals
Major resistance- 128.25 (trend line joining 127.70 and 127.89). Major support- 126.25. GBP/JPY started to decline after jumping till 128.16 level. It is currently trading around 127.32. Short term trend is...
FxWirePro: FTSE100 forms Bearish Gartley Pattern, good to sell on rallies
Oct 19, 2016 10:52 am UTC| Technicals
Major resistance -7130. Major support 6925. UK index takes support near 6935 and started to jump from that level. It is currently trading around 6992. On the higher side, 7035 is acting as minor resistance...
Oct 19, 2016 10:23 am UTC| Technicals
The BoC left interest rates unchanged last monthbut noted that the risks to inflation had tilted to the downside. In todays monetary policy meeting, the Canadian central bank is likely to keep overnight rates unchanged at...
CAD/JPY breaks minor trend line support, targets 78.55/78.05
Oct 19, 2016 09:42 am UTC| Technicals
Minor Support : 79.12 ( trend line joining 78.92 and 79.08). Minor resistance 79.25 (21- HMA). The pair breaks below minor support and declined till 78.81 at the time of writing. CAD/JPY has slightly jumped from...
FxWirePro: EUR/SEK stabilizes around 9.69 mark, good to buy on dips
Oct 19, 2016 08:18 am UTC| Technicals
EUR/SEK is currently trading around 9.6923 levels. It made intraday high at 9.7032 and low at 9.6822 levels. Intraday bias remains bullish till the time pair holds key support at 9.68 mark. A daily close...
EUR/USD faces strong trend line support at 1.09700, break below targets 1.0900/1.08350
Oct 19, 2016 07:58 am UTC| Technicals
Major support 1.0970 (trend line joining 1.09638 and 1.09701). Major resistance- 1.1010 (trend line joining 1.10576 and 1.10242). The pair jumped slightly till 1.0999 after making a low of 1.09740. It is...
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