DAX30 faces strong support at 10200,break below targets 10000/9900
Apr 28, 2016 07:28 am UTC| Technicals
Major resistance-10500 Major support 10200 The index has almost formed triple bottom around 10200 and is consolidating around that level. DAX is currently trading around 10212. It has jumped till 10345...
FxWirePro: AUD/USD retakes 0.76 handle, broad USD weakness supports
Apr 28, 2016 07:03 am UTC| Technicals
Broad USD weakness has helped AUD/USD recover lows of 0.7548 hit on Wednesdays trade. Surprisingly weak Australian CPI numbers on Wednesday saw sharp slump in AUD/USD. Strength in JPY on disappointment from BoJ...
FxWirePro: Swedish Krona gains against Euro ahead of retail sales data
Apr 28, 2016 06:50 am UTC| Technicals
EUR/SEK is currently trading around 9.152 levels. It made intraday high at 9.1633 and low at 9.1495 levels. Intraday bias remains bearish for the moment. A daily close below 9.1437 will tests key supports at...
Apr 28, 2016 06:43 am UTC| Technicals
Bears needed 2 days trading sessions enough to wipe off 2 weeks of gains: The pair after rejecting resistance at 86.368 levels, it was so easy for bears to resume their business. In recent past, we had seen a Long...
FxWirePro: Sugar trades weak after Brazil record cane crush, good to sell on rallies
Apr 28, 2016 06:38 am UTC| Technicals
Major resistance - $16.10 Major support - $15.65 (7 day EMA) Sugar has declined more than 2% yesterday after cane data from top grower Brazil showed a record cane crush at the high end of expectations for the...
FxWirePro: EUR/AUD capped below 1.50 handle, upside only on breaks above
Apr 28, 2016 06:23 am UTC| Technicals
EUR/AUD has broken strong trendline resistance at 1.4835 on Wednesdays trade. Upside has been capped below the 1.50 handle, pair struggling to extend gains above. Daily cloud currently spanning 1.4982 to 1.5359...
Apr 28, 2016 06:18 am UTC| Technicals
USD/RUB is currently trading around 65.03 levels. It made intraday high at 65.37and low at 65.00 levels. Intraday bias remains neutral till the time pair holds key support at 64.98 levels. Alternatively,...
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