FxWirePro: AUD/CAD breaks below 38.2% Fib, bias lower
Aug 19, 2016 05:45 am UTC| Technicals
AUD/CAD is extending weakness after break below 38.2% Fibo level. Downside now finds next major support at 0.9730 (July 21 low) ahead of 0.9722 (50% Fib) and then 0.97 (trendline). Our previous call...
FxWirePro: USD/JPY holds above 100 handle, strong support seen at 99.60
Aug 19, 2016 05:15 am UTC| Technicals
USD/JPY edges above the 100 handle as the ongoing broad-based recovery in the greenback gained further traction. Data released overnight showed US jobless claims for the week to 13 Aug fell to 262k, slightly better...
FxWirePro: AUD/USD finds strong support at 0.7611 (20-day MA), good to go short on break below
Aug 19, 2016 04:20 am UTC| Technicals
Dallas Fed president was on the wire saying that there is room for the Fed to maneuver on rates, backing Dudley overnight. Data released overnight showed US jobless claims for the week to 13 Aug fell to 262k, slightly...
ASX200 faces strong support at 5500, break below targets 5400
Aug 19, 2016 03:54 am UTC| Technicals
Major resistance- 5555 (Aug 9th 2016 high). Major support - 5498 (daily Kijun-Sen). The index has once again declined after making a high of 5546 at the time of writing. It is currently trading around...
FxWirePro: Prefer to go short on XAG/USD around $19.65 with stop loss at $19.87 and target of $19.19
Aug 19, 2016 03:44 am UTC| Technicals
XAG/USD is currently trading around $19.61 marks. It made intraday high at $19.75 and low at $19.54 levels. Intraday bias remains bearish till the time pair holds key resistance at $19.87 levels. A daily...
FxWirePro: Prefer to go short on XAG/USD around $19.65 with stop loss at $19.87 and target of $19.19
Aug 19, 2016 03:44 am UTC| Technicals
XAG/USD is currently trading around $19.61 marks. It made intraday high at $19.75 and low at $19.54 levels. Intraday bias remains bearish till the time pair holds key resistance at $19.87 levels. A daily...
FxWirePro: Nikkei225 retreats from higher levels ,good to sell on rallies
Aug 19, 2016 03:04 am UTC| Technicals
Pattern Formed- Ascending triangle pattern. Major resistance- 17000. Major support - 16350 (trend line joining 15088 and 15894). Nikkei225 has retreated once again after making a high of 16714. It is...
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