FxWirePro: EUR/USD gains some upside momentum,1.1148 a key barrier
Jul 13, 2016 15:49 pm UTC| Technicals
The Euro inched higher against dollar in early US session after demand for low yielding currencies like euro increased as the risk sentiment increased in the market. The currency pair is trading at 1.1104 levels, it...
FxWirePro: GBP/USD key support at 1.3212, upside prevails in the short term
Jul 13, 2016 13:47 pm UTC| Technicals
GBP/USD pair eased slightly on Wednesday as the pair lost bullish momentum after the pair succumbed to profit taking as Theresa May was set to take over as Britains prime minister, easing some of the political...
Jul 13, 2016 12:52 pm UTC| Technicals
Major resistance 81.25 (200 4H MA) Major support 79.45 (4H Tenkan-Sen) CAD/JPY broken major psychological resistance 80 yesterday and jumped till 80.82. The pair is struggling to at higher levels and started to...
Jul 13, 2016 12:31 pm UTC| Technicals
The pair could not hold onto major resistance today which is at upper channel line (at around 0.9894 levels). The bull swings were oscillating within the range of sliding channel so far, prices have bounced as well...
FxWirePro: AUD/CAD upside halts at stiff resistance by 0.9970, bias higher
Jul 13, 2016 11:47 am UTC| Technicals
AUD/CAD upside halts at stiff trendline resistance by 0.9970, break above needed to resume upside. The pair has broken above 78.6% Fib of 1.0054 to 0.9324 fall, as it extends upside along the Cup...
DAX30 faces strong resistance at 9990, break above targets 10350/10400
Jul 13, 2016 10:39 am UTC| Technicals
Major resistance 9990 (trend line joining 10348 and 10016) Major support 9880 (200 4H MA) DAX has made a high of 9988 at the time of writing and is currently trading around 9972. The intra-day trend is...
Jul 13, 2016 09:42 am UTC| Technicals
The major downtrend still remains robust. On the contrary, in short run the pair is currently taking trendline support at 1.7044 levels and the breach above the resistance at 61.8% (i.e. 1.7431) may expose upwards...
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