FxWirePro: Norwegian krone falls sharply against euro, upside limited
May 31, 2016 08:15 am UTC| Technicals
EUR/NOK is currently trading at 9.3275 levels. It made intraday high at 9.3333 and low at 9.2782 levels. Intraday bias remains bullish for the moment. A daily close below key support 9.3190 level will drag...
FxWirePro:BTC/USD faces strong resistance at $550 , good to buy at dips
May 31, 2016 07:50 am UTC| Technicals
BTC/USD has declined after making a high of $540. It is currently trading around $530. Short term trend is bullish as long as support $470 (resistance turned into support) holds. On the higher side the pair is...
FxWirePro: AUD/CHF trades higher on upbeat Aussie economic data, good to buy at dips
May 31, 2016 07:29 am UTC| Technicals
Major resistance -0.7155 (trend line joining 0.7245 and 0.7200) AUD/CHF has violated trend resistance and jumped till 0.7195 at the time of writing. It is currently trading around 0.71785. Aussie traded higher...
FxWirePro: Swedish krona erases previous loss against euro, intraday bias remains slightly bearish
May 31, 2016 07:23 am UTC| Technicals
EUR/SEK is currently trading around 9.2709 levels. It made intraday high at 9.2824 and low at 9.2677 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.28 marks. A daily close...
FxWirePro: 'Bullish Bat' pattern on AUD/CAD dailies, test of 0.96 likely
May 31, 2016 06:41 am UTC| Technicals
Bullish Bat pattern completed on AUD/CAD dailies. Potential Reversal Zone: 0.9323 Bullish invalidation below: 0.9150 Target Price: 0.95/0.96/0.9775 Pair is currently struggling at 21-DMA at 0.9452,...
GBP/JPY holds well above 100 day EMA, targets 164.10/166
May 31, 2016 06:23 am UTC| Technicals
Major support 162 (55 day H EMA) Major resistance- 164.10 GBP/JPY has jumped till 163.989 today morning and started to decline from that level .It is currently trading around 163.15. Intraday trend is...
May 31, 2016 06:20 am UTC| Technicals
USD/CNY is currently trading around 6.5768 marks. It made intraday high at 6.5858 and low at 6.5607 levels. Intraday bias remains bullish till the time pair holds key support at 6.5607 levels. A sustained...
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