FxWirePro: EUR/USD l gains some upside momentum but still bearish
Oct 13, 2016 14:01 pm UTC| Technicals
The EUR/USD pair traded in higher range on Thursday as poor batch of Chinese trade numbers halted the dollars broader rally. Chinas September exports fell 10 percent from a year earlier, far worse than expected, while...
Oct 13, 2016 13:19 pm UTC| Technicals
After the break below theneckline of triple top formation in gold prices have evidenced mammoth slumps. On breach below 1308.42 levels on daily charts, you can observe the tumbling of gold prices until 1241.50 levels where...
Oct 13, 2016 12:54 pm UTC| Technicals
Major resistance- 127.90 (5- day MA). Major support -124.80 GBP/JPY has retreated sharply after jumping till 127.70 yesterday. It is currently trading 126.65. The upside is capped by 5- day MA (127.90) any...
Oct 13, 2016 12:40 pm UTC| Technicals
The pair after testing supports at 4.2625 levels, bull swing has been dragging from last 3-4 consecutive days but the prevailing upswings could be dragged but capped at resistances of 4.3124 4.3185, failure swings may...
FxWirePro: GBP/JPY upside capped by 5- day MA, good to sell on rallies
Oct 13, 2016 11:46 am UTC| Technicals
Major resistance- 127.90 (5- day MA). Major support -124.80 GBP/JPY has retreated sharply after jumping till 127.70 yesterday. It is currently trading 126.65. The upside is capped by 5- day MA (127.90) any...
FxWirePro: FTSE100 takes support near trend line, good to buy on dips
Oct 13, 2016 09:32 am UTC| Technicals
Major Support 6950 (trend line joining 6767 and 6809). The index breaks below 6973 (200 HMA) and declined till 6962 at the time of writing. It is currently trading around 6997. FTSE regained after making a low...
FxWirePro: EUR/JPY holds 20-DMA support at 114.02, momentum studies bearish, stay short
Oct 13, 2016 08:34 am UTC| Technicals
EUR/JPY holds strong support by 20-DMA at 114.02, weakness only on break below. Momentum has turned bearish after rejection at 100-DMA, we see scope for further downside. Major support levels - 114.03 (20-DMA),...
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