May 30, 2016 09:03 am UTC| Technicals
Current price behaviour is holding stronger as per 7DMA, breaks below to evidence bearish rout, otherwise expect upswings to extend RSI Stoch are indicative of further dips, DMAs to substantiate. Day highs were not...
FxWirePro: Swedish krona gains against euro despite lower than expected GDP data
May 30, 2016 08:09 am UTC| Technicals
EUR/SEK is currently trading around 9.2615 levels. It made intraday high at 9.2852 and low at 9.2574 levels. Intraday bias remains neutral till the time pair holds key support at 9.2488 marks. A current...
CAD/JPY faces strong resistance at 85.50, break above targets 86.25/87.30
May 30, 2016 07:49 am UTC| Technicals
Major resistance- 85.50 (100 day EMA) Major Support 83.60 CAD/JPY has recovered after making a low of 83.89 yesterday. The pair opened around 84.74 today morning and slightly jumped till 85.19. It is currently...
FxWirePro: EUR/JPY extends gains above 123 handle, focus now on German CPI data
May 30, 2016 07:24 am UTC| Technicals
EUR/JPY hits fresh daily highs at 123.77 as offered tone around the Yen increasing on renewed talks of a delay in the implementation of the sales tax hike by the Japanese government. The pair has broken 10-DMA at...
May 30, 2016 06:58 am UTC| Technicals
USD/CNY is currently trading around 6.5767 marks. It made intraday high at 6.5817 and low at 6.5607 levels. Intraday bias remains bullish till the time pair holds key support at 6.5510 levels. A sustained...
FxWirePro:BTC/USD hits 20 month high , good to buy at dips
May 30, 2016 06:44 am UTC| Technicals
BTC/USD has broken major price barrier $500 on May 28th 2016 and hits 20 month high. It is currently trading around $517.48. Short term trend is bullish as long as support $470 (resistance turned into support)...
FxWirePro: NZD/USD finds minor support at 0.6680, bias lower, on track to test 200-DMA
May 30, 2016 06:20 am UTC| Technicals
NZD/USD downside intact, pair likely to test 200-DMA at 0.6650. Break below could accentuate weakness. US dollar to keep upbeat momentum post hawkish Yellen comments which raised Fed rate hike bets. On the other...
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