Sep 15, 2016 08:07 am UTC| Technicals
Considering previous downswings, despite whipsaws pattern the pair doesnt seem to evidence upswings as a shooting star appeared at 102.403 levels which is bearish in nature. The trend has been moving in sideways as...
FxWirePro: Turkish lira falls against U.S. dollar ahead of budget balance data
Sep 15, 2016 07:08 am UTC| Technicals
USD/TRY is currently trading at 2.9844 levels. It made intraday high at 2.9859 and low at 2.9756 levels. Intraday bias remains bullish till the time pair holds key support at 2.9727. Key resistances are seen...
FxWirePro: 100-DMA caps upside in AUD/USD, intraday bias lower
Sep 15, 2016 07:01 am UTC| Technicals
AUD/USD price action capped below 100-DMA at 0.7478, intraday bias lower. Technical indicators on weekly charts are heavily bearish, scope for more downside. On the daily charts downside has held major trendline...
FxWirePro: FTSE100 upside capped by 9- day EMA, good to sell on rallies
Sep 15, 2016 06:44 am UTC| Technicals
Majorresistance6757 (9- day EMA). Majorsupport6610 (Aug 8th 2016 low). Theindexhasretreatedfromthehighof6721 made yesterday.Itiscurrentlytradingaround6664. FTSE100isfacingmajor resistanceat6757 (9- day EMA)....
FxWirePro: GBP/JPY struggles to close below 135, good to sell on rallies
Sep 15, 2016 06:42 am UTC| Technicals
Major support 134.45 (21- day MA). Major resistance 136.65 (daily Tenken-Sen). GBP/JPY has once again recovered sharply after making a low of 134.91. It is currently trading around 135.40. The pair has...
FxWirePro: EUR/SEK fails to find support above 9.57 mark, Sweden’s unemployment data in focus
Sep 15, 2016 06:14 am UTC| Technicals
EUR/SEK is currently trading around 9.5571 levels. It made intraday high at 9.5627 and low at 9.5292 levels. Intraday bias remains bullish till the time pair holds key support at 9.5109 levels. A daily...
Sep 15, 2016 06:08 am UTC| Technicals
Last one weeks price declines are no halted at 21-DMAs (at 1.2852 levels). On the flipside, from last two days, the bulls of this pair seemto have snapped the gains at 7-DMA, we foresee more gains given break out above...
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