USD/CHF breaks major trend line resistance, jump till 0.9960/1.000 likely
Jul 13, 2016 06:03 am UTC| Technicals
Major trend line resistance- 0.9880 (trend line joining 1.00926 and 0.99560) Major support 0.9804 (7 day EMA) USD/CHF broken trend line resistance yesterday and closed slightly above in daily chart. It is...
FxWirePro: USD/SGD enjoys range bound movement around 1.3450 mark; stay bearish
Jul 13, 2016 05:42 am UTC| Technicals
USD/SGD is currently trading around 1.3478 marks. It made intraday high at 1.3491 and low at 1.3457 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3538 marks. A daily...
FxWirePro: Gold faces strong support at 21 day MA, good to buy at dips
Jul 13, 2016 05:18 am UTC| Technicals
Major Resistance - $1375 Major support - $1316 (21 day MA) The yellow metal has broken major support $1335 (Jul 8th low) and declined till $1327.It is currently trading around $1337. Gold recovered from the...
FxWirePro: NZD/USD fails to hold gains above 0.73 handle, focus now on Chinese trade data
Jul 13, 2016 05:02 am UTC| Technicals
NZD/USD rallied to hit new 1-year highs of 0.7324 on Tuesday, but was unable to hold gains above the 0.73 handle. Our previous call...
FxWirePro: AUD/USD finds strong support at 0.7585, weakness only on break below
Jul 13, 2016 03:56 am UTC| Technicals
Aussie rally on stronger commodity prices and improved business confidence data stalls at 0.7658 levels. The pair has slipped from highs and is currently struggling at the 0.76 handle. We see strong trendline...
FxWirePro: South Korean won opens onshore trade at 1,143.0 per dollar, bias remains neutral
Jul 13, 2016 03:54 am UTC| Technicals
USD/KRW is currently trading around 1146 levels. It made intraday high at 1147 and low at 1144 levels. Intraday bias remains neutral till the time pair holds key support at 1142 mark. A sustained break below...
FxWirePro: USD/JPY retraces from a high of 104.88, intraday bias bearish, short on rallies
Jul 13, 2016 03:05 am UTC| Technicals
Yen picking up a bid in early Tokyo, USD/JPY retraces from session high of 104.88, intraday bias bearish. On a 2-hourly chart, the pair finds strong support at 130.95, break below will see test of 103.35...
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