Jul 12, 2016 06:46 am UTC| Technicals
The upswings seem most likely as the pair takes trendline support at 100.521 levels. If the current prices jump above 21DMA decisively, that signals more buying sentiment in theshort term. One can easily observe as...
CAD/JPY Intraday trade and technical setup
Jul 12, 2016 06:33 am UTC| Technicals
Major support 77.95 (hourly Kijun-Sen) The pair has broken major resistance 78.45 and jumped from that level. It is currently trading around 78.67. CAD/JPY is trading slightly above Tenkan-Sen (78.43) and...
FxWirePro: EUR/JPY finds strong resistance at 114.42, good to long breakout above
Jul 12, 2016 06:25 am UTC| Technicals
Stimulus hopes from BoJ pushed yen lower, supporting EUR/JPY to hit new 1-week highs at 114.32. Risk-on sentiment remains firm supporting the upbeat momentum in EUR. Data released earlier today showed German CPI...
FxWirePro: AUD/NZD hovers around key resistance at 1.0450, upside limited
Jul 12, 2016 05:49 am UTC| Technicals
AUD/NZD is trading around 1.0441 marks. Pair made intraday high at 1.0461 and low at 1.0412 marks. Intraday bias remains slightly bullish for the moment. On the top side, a sustained close above 1.0450 will...
FxWirePro: Gold struggles to break above $1375, good to sell on rallies
Jul 12, 2016 05:28 am UTC| Technicals
Major Resistance - $1375 Pattern formed- Double Top and bearish divergence in CCI (50). Major support - $1330 (23.6% retracement of $1199 and $1375) The yellow metal has retreated once again after making a...
FxWirePro: Silver remains well supported above $20.05 mark; stay bullish
Jul 12, 2016 05:13 am UTC| Technicals
XAG/USD is currently trading around $20.34 marks. It made intraday high at $20.47 and low at $20.16 levels. Intraday bias remains bullish till the time pair holds key support at $20.05 marks. A daily close...
FxWirePro: USD/INR opens slightly higher at 67.17, intraday bias remains bearish
Jul 12, 2016 04:24 am UTC| Technicals
USD/INR is currently trading around 67.14 marks. It made intraday high at 67.17 and low at 67.10 marks. Intraday bias remains bearish till the time pair holds initial resistance at 67.21 marks. Key...
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