FxWirePro: AUD/USD outlook weaker on renewed downside pressure
Aug 24, 2016 17:00 pm UTC| Technicals
The AUD/USD declined on Wednesday, as commodity currencies weakened across the board after oil prices extended their losses after an unexpected large build in U.S. crude stockpiles renewed worries about oversupply in the...
Aug 24, 2016 12:59 pm UTC| Technicals
Major resistance- 1.1370 Major support 1.12680 (200 HMA). The pair has jumped till 1.13549 and broken 1.13000 level. It is currently trading around 1.12952. On the lower side, 200 HMA will be acting as...
FxWirePro: USD/CAD faces strong resistance at 1.2965, good to buy on dips
Aug 24, 2016 10:56 am UTC| Technicals
Major resistance 1.2965 (Aug 22nd high). Major support 1.2890 (200 HMA). Lonnie formed a double top around 1.2965 and declined from that level. It is currently trading around 1.29135. USD/CAD has shown a...
EUR/USD: Sell below 1.12680 (200 HMA)
Aug 24, 2016 10:11 am UTC| Technicals
Major resistance- 1.1370. Major support 1.12680 (200 HMA). The pair has jumped till 1.13549 and broken 1.13000 level. It is currently trading around 1.12952. On the lower side, 200 HMA will be acting as...
FxWirePro: USD/CNY hovers around 6.65 mark, PBOC sets yuan mid-point at 6.6420
Aug 24, 2016 08:34 am UTC| Technicals
USD/CNY is currently trading around 6.6506 marks. It made intraday high at 6.66 and low at 6.6378 levels. Intraday bias remains bullish till the time pair holds key support at 6.6350 marks. On the top side,...
FxWirePro: USD/TRY hits fresh 2-week high at 2.9681, good to buy on dips
Aug 24, 2016 07:40 am UTC| Technicals
USD/TRY is currently trading at 2.9564 levels. It made intraday high at 2.9681 and low at 2.9340 levels. Intraday bias remains bullish till the time pair holds key support at 2.9290 marks. A sustained close...
FxWirePro: USD/JPY edges lower from session high at 100.52, 10-day MA caps upside
Aug 24, 2016 07:30 am UTC| Technicals
USD/JPY extends range trade into the European session, holds above the 100 handle. A tepid bounce in the pair was rejected at session highs by 100.52, stiff resistance seen by 10-DMA at 100.59. The pair has edged...
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