FxWirePro: USD/CNY jumps above 6.72 mark, PBOC sets yuan mid-point at 6.7258
Oct 12, 2016 07:14 am UTC| Technicals
USD/CNY is currently trading around 6.7191 marks. It made intraday high at 6.7273 and low at 6.7151 levels. Intraday bias remains bullish till the time pair holds key support at 6.6820 marks. On the top...
FxWirePro: AUD/NZD breaks major resistance at 1.066 levels, good to go long on dips
Oct 12, 2016 07:08 am UTC| Technicals
AUD/NZD has broken major resistance at 1.066 levels (38.2% Fib, major trendline). Technical studies are bullish, MACD and Stochs are biased higher. Some caution advised as Stochs are in extreme overbought...
FxWirePro: USD/TRY hovers around 3.08 mark, Turkey’s current account balance in focus
Oct 12, 2016 06:45 am UTC| Technicals
USD/TRY is currently trading at 3.0785 levels. It made intraday high at 3.0847 and low at 3.0767 levels. Intraday bias remains bullish for the moment till the time pair holds key support at 3.0678...
Oct 12, 2016 06:33 am UTC| Technicals
After the rejection in the rallies of this pair again at theresistance of 0.7698 levels, we could spot out back to back long legged doji patterns at 0.7584 and 0.7606 levels. This bearish formation pushes the current...
FxWirePro: Buy GBP/JPY above 127.55
Oct 12, 2016 06:32 am UTC| Technicals
Major resistance- 127.55 (trend line joining 129.61 and 128.61). Major support- 124.80. The pair has formed a double bottom around 124.80 and started to recover from that level .it is currently trading around...
FxWirePro: EUR/JPY momentum turns bearish after rejection at 100-DMA, bias lower, stay short
Oct 12, 2016 06:28 am UTC| Technicals
EUR/JPY is extending downside after rejection at 100-DMA resistance. Momentum has turned bearish, we see scope for further downside. The pair is currently holding 20-DMA support at 114 levels, break below could...
FxWirePro: USD/JPY hovers around 100-DMA at 103.42 ahead of FOMC minutes, momentum studies bullish
Oct 12, 2016 06:00 am UTC| Technicals
USD/JPY is holding above 100-DMA at 103.42 as markets await FOMC meeting minutes. Major trendline resistance at 104 levels, spinning top formation seen on Tuesdays trade. Momentum studies remain bullish, RSI...
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