FxWirePro: Cable’s break-out of resistance at 1.4573 questionable for sustenance
Apr 27, 2016 13:22 pm UTC| Technicals
Breaks resistance at 1.4573 levels but could not sustain the rallies. So, can this be another opportunity for shorts in GBPUSD? Breaks resistance at 1.4573 levels but sustenance is questionable, but dont jump into...
FxWirePro: EUR/USD consolidating around 1.1310, bias is bullish
Apr 27, 2016 13:11 pm UTC| Technicals
EUR/USD pair rose towards 1.1334 in the European session, but reversed course giving up most of gains made earlier to trade around 1.1311 in the early US session. Ahead in the session investors will be keeping a close...
CAD/JPY faces strong resistance at 88.68, break above targets 90
Apr 27, 2016 12:39 pm UTC| Technicals
Major resistance- 88.68 (200 day MA) The pair has made a high of 88.49 at the time of writing and declined from that level. It is currently trading around 88.34. Short term trend is slightly bearish as long as...
Apr 27, 2016 11:44 am UTC| Technicals
Major resistance 114.65 (200 4 HMA) Major support 113.40 The pair has broken minor resistance 114.27 and jumped till 114.59. It is currently trading at 114.59. Short term trend is slightly bullish as long...
CHF/JPY faces strong resistance at 114.65, break above targets 115.20/116
Apr 27, 2016 10:30 am UTC| Technicals
Major resistance 114.65 (200 4 HMA) Major support 113.40 The pair has broken minor resistance 114.27 and jumped till 114.59. It is currently trading at 114.59. Short term trend is slightly bullish as long...
FxWirePro: USD/CNY hovers around key support at 6.4910, intraday bias remains neutral
Apr 27, 2016 08:22 am UTC| Technicals
Pair is currently supported above 6.49 marks and trading around 6.4917 levels. It made intraday high at 6.4925 and low at 6.4880 levels. Today PBOC sets Yuan mid-point at 6.4837/ dollar vs last close...
USD/CAD faces strong support at 1.2580, break below targets 1.2500/1.2460
Apr 27, 2016 07:51 am UTC| Technicals
Major Support -1.2580 (trend line joining 1.27499 and 1.26304) Major Resistance 1.2760 Loonie has made a low of 1.2950 and slightly recovered till 1.26330 from that level. It is currently trading around...
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