Sep 19, 2016 10:09 am UTC| Technicals
NZDCAD has tested supports at 0.9586 levels (7DMAs) to bounce back after yesterdays failure swings when it hit all-time highs of 0.9659 levels, bearish pressures were only panicky trades or timely corrections in short term...
FxWirePro: Cable trades slightly above 1.300 handle, good to sell on rallies
Sep 19, 2016 09:51 am UTC| Technicals
Major resistance- 1.30905 (23.6% retracement of 1.34450 and 1.29940). Major support -1.29940 (16th Sep low). Cable has broken major pschycological support 1.30 handle and recovered from that level. It is...
FxWirePro: Swedish krona falls against euro, consistent break above 9.5625 targets 9.5713
Sep 19, 2016 07:45 am UTC| Technicals
EUR/SEK is currently trading around 9.5567 levels. It made intraday high at 9.5644 and low at 9.5461 levels. Intraday bias remains neutral till the time pair holds key resistance at 9.5713 levels. A daily...
FTSE100 trades slightly above 10- day MA, jump till 6950 likely
Sep 19, 2016 07:45 am UTC| Technicals
Majorresistance6772 (10- day MA). Majorsupport6610 (Aug 8th 2016 low). Theindexhasrecovered sharply from the low of6692 made yesterday.Itiscurrentlytradingaround6795. FTSE100has broken 10- day MA and slight...
FxWirePro: Cloud caps upside in AUD/JPY, likely to target 100-DMA on break above
Sep 19, 2016 07:40 am UTC| Technicals
Daily cloud weighs on AUD/JPY upside, break above to see further gains. The pair has bounced off major trendline support at 75.95 on Thursday last week. Technical indicators on daily charts support upside. RSI is...
FxWirePro: USD/JPY hovers around 20-DMA, key focus on FOMC and BoJ monetary policy meetings on Wed
Sep 19, 2016 07:14 am UTC| Technicals
USD/JPY extends range trade, hovers around 20-DMA at 102.18. Momentum studies are neutral, Techs have a bearish bias. FOMC and the BoJ monetary policy meetings on Wed in Focus. Both banks are likely to stay on...
FxWirePro: USD/TRY exhibits range bound movement, bias remains neutral
Sep 19, 2016 07:02 am UTC| Technicals
USD/TRY is currently trading at 2.9756 levels. It made intraday high at 2.9815 and low at 2.9710 levels. Intraday bias remains neutral for the moment. Key resistances are seen at 2.9856, 2.9977, 3.0085,...
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