FxWirePro: USD/CHF struggles to close above 200- day MA, good to buy on dips
Oct 10, 2016 12:34 pm UTC| Technicals
Major support- 0.9630. Major resistance 0.9790 (200-- day MA). USD/CHF has broken major resistance at 200- day MA. But struggling to close above that level. It is currently trading at 0.9808. The pair took...
Oct 10, 2016 11:48 am UTC| Technicals
Major Resistance- 1.3320 (trend line joining 1.32481 and 1.32809). Major support 1.3175 (10- day MA). Loonie hits fresh Six months high on Friday at 1.33128 and started to decline from that level. The pair...
FxWirePro: S&P500 faces strong support at 2140, good to buy on dips
Oct 10, 2016 10:42 am UTC| Technicals
Major Intraday resistance- 2168 (trend line joining 2179.90 and 2173.60). Major support 2135 (61.8% retracement of 2108 and 2179.90). The index declined slightly after jumping till 2167.40 on Friday for the past...
FxWirePro: USD/CAD faces trend line resistance at 1.3320, good to sell on rallies
Oct 10, 2016 09:31 am UTC| Technicals
Major Resistance- 1.3320 (trend line joining 1.32481 and 1.32809). Major support 1.3175 (10- day MA). Loonie hits fresh Six months high on Friday at 1.33128 and started to decline from that level. The pair...
FxWirePro: Norwegian krone falls after lower than expected CPI data
Oct 10, 2016 08:19 am UTC| Technicals
EUR/NOK is currently trading at 9.0828 levels. It made intraday high at 9.0839 and low at 9.0383 levels. Intraday bias remains bullish till the time pair holds key support at 9.0089 marks. A sustained close...
FxWirePro: EUR/USD Near term Outlook
Oct 10, 2016 07:34 am UTC| Technicals
EUR/USD had fallen to two -month low prior to the U.S jobs report. After softer than expected U.S NFP jobs report the pair recovered smartly till 1.12045 level. It is currently trading around 1.11762. The trend line...
FxWirePro: USD/ZAR fails to hold above 14.00 mark; stay bearish
Oct 10, 2016 07:16 am UTC| Technicals
USD/ZAR is currently trading around 13.78 levels. It made intraday high at 13.85 and low at 13.75 levels. Intraday bias remains neutral till the time pair holds key resistance at 14.00 marks. A daily...
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