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Thu, May 16, 2024 05:56 PM All times are UTC

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CHF/JPY Trade Idea

Aug 22, 2016 12:21 pm UTC| Technicals

Major resistance- 105.30 (200 4H MA). Major support 104.30 (trend line joining 103.27 and 103.72). CHFJPY is facing strong resistance around 105.30 (200- 4H MA) and any slight bullishness can be seen only above...

FxWirePro: CHF/JPY faces strong resistance at 200-4H MA, good to sell on rallies

Aug 22, 2016 11:58 am UTC| Technicals

FxWirePro: GBP/USD takes support near 10-day MA, good to buy on dips

Aug 22, 2016 09:50 am UTC| Technicals

Major support 1.3012 (10 day MA). Cable clocked a fresh two-week high at 1.31853 on Friday and started to decline from that level. The pair has declined till 1.30228 and taken support near 10 day MA. It is...

FxWirePro: USD/TRY hits fresh 5-day high at 2.9504, bias turns to bullish again

Aug 22, 2016 08:51 am UTC| Technicals

USD/TRY is currently trading at 2.9465 levels. It made intraday high at 2.9504 and low at 2.9203 levels. Intraday bias remains bullish till the time pair holds key support at 2.9171 marks. A sustained close...

FxWirePro: USD/CNY hits fresh 4-week high at 6.6659, PBOC sets yuan mid-point at 6.6652

Aug 22, 2016 08:07 am UTC| Technicals

USD/CNY is currently trading around 6.6596 marks. It made intraday high at 6.6659 and low at 6.6478 levels. Intraday bias remains bullish till the time pair holds key support at 6.6253 marks. On the top...

US Oil: Sell below ($47.90)

Aug 22, 2016 07:47 am UTC| Technicals

Major support - $47.90. Major resistance - $49. US oil has jumped continuously for a third straight week on account of continuing buzz that OPEC and other major producers may be nearing a deal to curb...

FX Hedging Strategy Series

FxWirePro: USD/ZAR forms “hammer”, upswings spike above 7DMA as bears begin booking profits – Stay hedged as long term bearish rout remains intact

Aug 22, 2016 07:44 am UTC| Technicals

In this write-up, weve emphasized more on long-term prospects of USDZAR without disregarding short term trend as well. The pair began spiking again after the formation of hammer pattern candle at 13.3505 levels (see...

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