GBP/JPY: Buy above break out (131.70)
Aug 22, 2016 06:53 am UTC| Technicals
Major resistance 132.40 (23.6% retracement of 143.23 and 129.06 and also 14 day EMA). The pair has recovered sharply till 131.65 after making a low of 130.34 at the time of writing. It is currently trading around...
FxWirePro: EUR/SEK remains well supported above 9.49 mark, good to buy on dips
Aug 22, 2016 06:49 am UTC| Technicals
EUR/SEK is currently trading around 9.4939 levels. It made intraday high at 9.4995 and low at 9.4700 levels. Intraday bias remains bullish till the time pair holds key support at 9.4637 marks. A daily close...
FxWirePro: AUD/USD below 0.76 handle, intraday bias lower
Aug 22, 2016 06:33 am UTC| Technicals
AUD/USD price action rejected at highs by 0.7626, intraday bias lower. The pair has broken below major support by 20-DMA at 0.7617 and has slipped below the 0.76 handle. Downside is holding support at 0.75837...
FxWirePro: USD/ZAR hits fresh 2-week high at 13.60, upside limited
Aug 22, 2016 06:01 am UTC| Technicals
USD/ZAR is currently trading around 13.58 levels. It made intraday high at 13.60 and low at 13.38 levels. Intraday bias remains bullish till the time pair holds key support at 13.24 levels. A daily close...
FxWirePro: NZD/USD breaks major support at 0.7250, good to go short on rallies
Aug 22, 2016 05:52 am UTC| Technicals
NZD/USD breaks major support at 0.7250, intraday bias lower. After a bearish gap open on Monday, the pair is extending downside. Decline in oil prices after bearish US rigs count report last week dented sentiment...
Aug 22, 2016 05:41 am UTC| Technicals
Upswings have gone in whipsaws; upswings may creep up to 1.4906. Whipsaws baseline acting as support, any bounce above may resume rallies up to 1.4906; breach below can pull back slumps up to 1.4794. Triple top...
FxWirePro: Silver hits fresh 8-week low at $18.68, sustained break below targets $18.17
Aug 22, 2016 05:33 am UTC| Technicals
XAG/USD is currently trading around $18.93 marks. It made intraday high at $19.27 and low at $18.68 levels. Intraday bias remains bearish till the time pair holds key resistance at $19.27 levels. A daily...
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