FxWirePro: EUR/GBP downside capped by 55-EMA at 0.8383, further weakness only on break below
Sep 02, 2016 06:05 am UTC| Technicals
EUR/GBP stalled its corrective slide near 55-EMA support by 0.8383. Trades rangebound on the day as markets await UK construction PMI data. The pair bounced off lows at 0.8387 on Thursdays trade and is currently...
FxWirePro: South African rand erases previous loss against USD, bias turns to bearish again
Sep 02, 2016 05:18 am UTC| Technicals
USD/ZAR is currently trading around 14.59levels. It made intraday high at 14.60 and low at 14.56 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.75 levels. A daily...
FxWirePro: AUD/JPY finds stiff resistance at 78.14, good to long break above
Sep 02, 2016 05:10 am UTC| Technicals
AUD/JPY extends gains above 55-EMA at 77.95, intraday bias higher. Aussie remains buoyed by upbeat Capex plans, while JPY under pressure on rising JGB yields. Major support levels - 77.63 (5-DMA), 77.35 (23.6%...
ASX200 trades below 90-day EMA, targets 5300
Sep 02, 2016 05:09 am UTC| Technicals
Major resistance -5445 (55-day EMA). Major support - 5385 (90- day EMA). The index has broken major support 5385 yesterday and declined till 5358 at the time of writing.It is currently trading around...
FxWirePro:Nikkei faces strong resistance at 17075, good to sell on rallies
Sep 02, 2016 04:50 am UTC| Technicals
Nikkei225 has broken psychological resistance at 17000 and jumped till 17061 yesterday on account of weaker yen.It is currently trading around 16856. The index is facing strong resistance at 17074 (90-W EMA) and any...
FxWirePro: USD/INR opens lower at 66.81, good to sell on rallies
Sep 02, 2016 04:26 am UTC| Technicals
USD/INR is currently trading around 66.84 marks. It made intraday high at 66.86 and low at 66.74 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.05 marks. Key...
FxWirePro: USD/JPY attempts tepid recovery from ISM led slump, focus on crucial NFP data
Sep 02, 2016 03:53 am UTC| Technicals
US ISM manufacturing activity index fell to 49.9 in August from 52.6 in July, in stark contrast to the recent fed speak ahead of the FOMC this month. USD/JPY witnessed over 80-pip slump after the poor ISM show from...
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