FxWirePro: AUD/USD gains some upside momentum but still bearish
Sep 15, 2016 16:14 pm UTC| Technicals
The AUD/USD pair inched higher in the US session as the pair got a lift from mixed US economic data. The Aussie weakened during the Asian and European sessions, but rose in the US session after the release of US...
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Sep 15, 2016 14:18 pm UTC| Technicals
USD/CAD pair in the early US session has paused to trade around 1.3185 levels, having inched higher during the previous European session. The pair is trading a few pips below its daily high, maintaining its overall bullish...
Sep 15, 2016 12:35 pm UTC| Technicals
Major resistance- 78.83 (10- day MA). Major support -76.75 (Aug 3rd 2016 low). CAD/JPY has jumped till 78.63 yesterday and declined sharply from that level. It is currently trading around 77.55. The pair is...
FxWirePro: CAD/JPY upside capped by 10- day MA, good to sell on rallies
Sep 15, 2016 12:10 pm UTC| Technicals
Major resistance- 78.83 (10- day MA) Major support -76.75 (Aug 3rd 2016 low) CAD/JPY has jumped till 78.63 yesterday and declined sharply from that level. It is currently trading around 77.55. The pair is...
Sep 15, 2016 11:14 am UTC| Technicals
On daily charts, the pair forms inverted head and shoulder pattern, with thehead at 0.9537 levels, shoulder 1 at 0.9633 levels and shoulder 2 at 0.9649 levels. More upswings likely to extend up to neckline at 0.9823 on...
FxWirePro: EUR/AUD struggles at 200-DMA, further upside likely on break above
Sep 15, 2016 08:34 am UTC| Technicals
EUR/AUD has broken major trendline resistance at 1.49 levels. The pair has cleared past 100-DMA at 1.4981, but is struggling at 200-DMA at 1.5067. Further upside likely on break above 200-DMA. Test of 1.55 levels...
FxWirePro: Cable upside capped by 10- day MA, good to sell on rallies
Sep 15, 2016 08:32 am UTC| Technicals
Major resistance- 1.3350 Major support -1.3155 (daily Kijun-Sen) Cable has recovered sharply after making a low of 1.3138 yesterday. It is currently trading around 1.32075. The pair upside is capped by 10day...
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