AUD/CHF breaks major trend line resistance, jump till 0.7450/0.7500 likely
Jul 04, 2016 08:07 am UTC| Technicals
Major resistance 0.7325 (trend line joining 0.75894 and 0.7364) Major support 0.7230 (daily Tenkan-Sen) AUD/CHF has recovered sharply after making a low of 0.72440 at the time of writing. It is currently...
FxWirePro: DAX30 struggles to close above 9800, good to buy at dips
Jul 04, 2016 07:36 am UTC| Technicals
Major resistance 9815 (90 4H EMA) The index has broken psychological resistance at 9800 and jumped till 9812 at the time of writing. It is currently trading around 9769. DAX30 should close above 9815 for further...
FxWirePro: USD/RUB fails to sustain below 63.00 mark, bias highly neutral
Jul 04, 2016 07:17 am UTC| Technicals
USD/RUB is currently trading around 63.7250 levels. It made intraday high at 66.4233 and low at 63.2880 levels. Intraday bias remains neutral for the moment. Pair is moving well in range bound directions. A...
FxWirePro: USD/CNY hovers around 6.66 mark, PBoC sets yuan midpoint at 6.6472 per dollar
Jul 04, 2016 06:44 am UTC| Technicals
USD/CNY is currently trading around 6.6595 marks. It made intraday high at 6.6601 and low at 6.6495 levels. Intraday bias remains bullish till the time pair holds key support at 6.6330/6.6110 levels. On the...
FxWirePro: EUR/GBP range-bound, focus on UK Construction PMI and Eurozone Sentix Index data
Jul 04, 2016 06:39 am UTC| Technicals
EUR/GBP retreats from 0.8400 ahead of UK Construction PMI and Eurozone Sentix Index data. The pair is trading an extremely range as we head into the European open. Bid tone around the sterling firming as we write...
FxWirePro: GBP/JPY trades in narrow range, good to sell on rallies
Jul 04, 2016 06:34 am UTC| Technicals
Major resistance- 140 Major support 135.35 (61.8% retracement of 133.33 and 139.01) GBP/JPY has slightly recovered after making a low of 135.70.It is currently trading around 136.43. Short term trend is...
FxWirePro: USD/ZAR remains well supported below 14.75 mark, good to sell on rallies
Jul 04, 2016 06:03 am UTC| Technicals
USD/ZAR is currently trading around 14.54 levels. It made intraday high at 14.60 and low at 14.54 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.75 marks. A daily close...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects