FxWirePro: USD/CNY stabilizes above 6.72 mark, PBOC sets yuan mid-point at 6.7296
Oct 13, 2016 08:16 am UTC| Technicals
USD/CNY is currently trading around 6.7248 marks. It made intraday high at 6.7289 and low at 6.7180 levels. Intraday bias remains bullish till the time pair holds key support at 6.7030 marks. On the top...
Oct 13, 2016 08:05 am UTC| Technicals
Please observe last two months upswings are restrained exactly at ascending triangles upper side (i.e. at 1.4893 levels). The current prices have slid way below 7DMA and 21DMA and for now 7DMA crosses below 21DMA, for...
FxWirePro:S&P 500 breaks major trend line support, good to sell on rallies
Oct 13, 2016 07:50 am UTC| Technicals
Major support 2131 (trend line joining 1807 and 1989). The index breaks trend line support and declined till 2120 at the time of writing. It is currently trading around 2125. On the lower side, any close below...
Oct 13, 2016 07:20 am UTC| Technicals
Rising bets of a December Fed rate-hike action following Wednesdays release of FOMC minutes buoyed USD. USD/JPY hit 104.64, the highest level since July 29 in early Asian session before paring gains to slip below 104...
FxWirePro: USD/TRY hits multiyear high at 3.1028; stay bullish
Oct 13, 2016 07:13 am UTC| Technicals
USD/TRY is currently trading at 3.0950 levels. It made intraday high at 3.1028 and low at 3.0806 levels. Intraday bias remains bullish for the moment till the time pair holds key support at 3.0712...
FxWirePro: USD/ZAR remains well supported above 14.20 mark, upside limited
Oct 13, 2016 06:57 am UTC| Technicals
USD/ZAR is currently trading around 14.29 levels. It made intraday high at 14.374 and low at 14.20 levels. Intraday bias remains bullish till the time pair holds key support at 14.20 marks. A daily close...
FxWirePro: AUD/JPY extends range trade, weakness likely on break below 100-DMA
Oct 13, 2016 06:48 am UTC| Technicals
AUD/JPY upside capped at 79 handle, pair is extending range trade since Oct 4th. 100-DMA is major support on the downside, break below to see further weakness. Technical indicators are mildly bearish, Stochs and...
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