GBP/USD faces strong resistance at 1.3260, break above targets 1.3310/1.3350
Sep 01, 2016 12:11 pm UTC| Technicals
Major resistance- 1.3260 (trend line joining 1.3358 and 1.32196). The pair jumped till 1.326595 at the time of writing. It is currently trading at 1.32440. Any further bullishness can be seen only above 1.3260...
Sep 01, 2016 11:40 am UTC| Technicals
Technical Glimpse: EOD technical charts have shown down-streak after fragile PMIs in theeuro zone and upbeat numbers in the UK, GBP rallies against theeuro have now continued from yesterdays close at 0.8488 to the...
FxWirepro: EUR/USD Buy above 1.11660
Sep 01, 2016 10:00 am UTC| Technicals
Major resistance- 1.11660 (21 day 4H MA). Major support 1.11160 (200- day MA). EUR/USD has jumped till 1.11660 yesterday and started to decline from that level. It is currently trading around 1.11424. The...
FxWirePro: DAX30 faces strong support at 21- day MA, good to buy on dips
Sep 01, 2016 09:58 am UTC| Technicals
Major Resistance- 10750 (trend line joining 11926 and 11432). Major support 10550 (21 day MA). The index has once again taken support near 21 day MA and slightly jumped from that level. It is currently trading...
FxWirePro: USD/JPY breaks above 55-EMA at 103.25, good to go long on dips
Sep 01, 2016 09:41 am UTC| Technicals
The crucial Non-Farm Payrolls on Friday would help investors determine the Federal Reserves next monetary policy move. NFP is the main driver for the greenback in the near-term ahead of the FOMC meeting in...
FxWirePro: USD/CNY stabilises around 6.68 mark, PBOC sets yuan mid-point at 6.6784
Sep 01, 2016 08:36 am UTC| Technicals
USD/CNY is currently trading around 6.6801 marks. It made intraday high at 6.6823 and low at 6.6760 levels. Intraday bias remains bullish till the time pair holds key support at 6.6670 marks. On the top...
FxWirePro: NZD/USD holds above 20-day MA support, US NFP to decide further direction
Sep 01, 2016 07:39 am UTC| Technicals
NZD/USD spinning top formation seen on the daily candle till now. Pair is trading a narrow range, holding above 20-DMA support currently at 0.7233. Break below 20-DMA could see downside till 0.72 levels and...
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