Sep 16, 2016 09:51 am UTC| Technicals
Technical Inference: We spotted out thetriple top pattern on daily charts of gold prices with top 1 at 1375.15, top 2 at 1367.30, top 3 at 1352.61 and neckline at 1308.42 levels. The current prices have tested...
FxWirePro: AUD/CHF takes support at 200- day MA, good to sell on rallies
Sep 16, 2016 09:12 am UTC| Technicals
Major support 0.7250 (200- day MA). The pair has taken support at 200- day MA and jumped from that level. It is currently trading around 0.7307. AUD/CHF is trading slightly above 100- day MA and it trading well...
FxWirePro: USD/TRY rejects key support at 2.9647, good to buy on dips
Sep 16, 2016 07:55 am UTC| Technicals
USD/TRY is currently trading at 2.9709 levels. It made intraday high at 2.9724 and low at 2.9647 levels. Intraday bias remains bullish till the time pair holds key support at 2.9647. Key resistances are seen...
FxWirePro: FTSE100 struggles to close above 9- day EMA, good to sell on rallies
Sep 16, 2016 07:38 am UTC| Technicals
Majorresistance6757 (9- day EMA). Majorsupport6610 (Aug 8th 2016 low). Theindexhasrecovered sharply from the low of6647 made yesterday.Itiscurrentlytradingaround6727. FTSE100upside has been capped by 9-day...
FxWirePro: EUR/JPY intraday bias lower, short rallies, target 114.20
Sep 16, 2016 06:54 am UTC| Technicals
EUR/JPY is attempting a tepid recovery from session lows at 114.43. Intraday bias lower, upside capped by 5-DMA at 114.82. We see scope for test of 114.20 (major trendline support). Further weakness only on...
FxWirePro: GBP/JPY upside capped by 10- day MA, good to sell on rallies
Sep 16, 2016 06:44 am UTC| Technicals
Major support 134.60 (21- day MA). Major resistance 136.25 (10- day MA). GBP/JPY has once again declined sharply after making a high of 136.13. It is currently trading around 135. The pair has taken...
FxWirePro: EUR/SEK steady at 9.5340 mark, bias highly neutral
Sep 16, 2016 06:35 am UTC| Technicals
EUR/SEK is currently trading around 9.5340 levels. It made intraday high at 9.5378 and low at 9.5326 levels. Intraday bias remains neutral till the time pair holds key support at 9.5256 levels. A daily...
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