FTSE100 trades slightly above 21- day MA, jump till 6950 likely
Sep 20, 2016 07:42 am UTC| Technicals
Majorresistance6798 (21- day MA). Majorsupport6700 (55- day EMA). Theindexhasbroken major resistance at 21- day MA at 6798 and jumped till 6822 at the time of writing...
FxWirePro: NZD/USD break above 20-DMA, close above raises scope for upside
Sep 20, 2016 07:21 am UTC| Technicals
NZD/USD benefitting from weaker sentiment surrounding the greenback on diminishing hopes of a Fed rate hike action on Wednesday The pair has broken above 20-DMA at 0.7305, we see scope for further gains. Major...
FxWirePro: USD/TRY remains well supported below 2.98 mark, bias remains neutral
Sep 20, 2016 07:16 am UTC| Technicals
USD/TRY is currently trading at 2.9741 levels. It made intraday high at 2.9784 and low at 2.9734 levels. Intraday bias remains neutral for the moment. Key resistances are seen at 2.9815, 2.9856, 2.9977,...
Sep 20, 2016 07:04 am UTC| Technicals
Technical roundup: We could foresee weakness in CADJPY when we consider the intermediate and long term trend of this pair. Prices consistently remain below DMAs, watch out for targets up to 76.718 as bears broken...
FxWirePro: AUD/JPY struggles at daily cloud, good to go short
Sep 20, 2016 06:37 am UTC| Technicals
Daily cloud caps upside in AUD/JPY upside, only break above to see further gains. The pair has found multiple rejections at cloud base currently at 77. Technical indicators on daily charts are inconclusive, but...
FxWirePro: GBP/JPY Sell on rallies
Sep 20, 2016 06:34 am UTC| Technicals
Major support 129.06 (Aug 15th 2016 low). Major resistance 133.50 (55- H EMA). GBP/JPY has recovered sharply from the low of 132.43. It is currently trading around 132.67. Market awaits the US fed monetary...
FxWirePro: EUR/SEK faces key hurdle at 9.5713, consistent break above targets 9.5922
Sep 20, 2016 06:31 am UTC| Technicals
EUR/SEK is currently trading around 9.5641 levels. It made intraday high at 9.5718 and low at 9.5543 levels. Intraday bias remains neutral till the time pair holds key resistance at 9.5713 levels. A daily...
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