FxWirePro: GBP/AUD finds stiff resistance at 1.9250 levels, further upside only on breaks above
Apr 27, 2016 07:27 am UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-GBP-AUD-breaks-strong-resistance-at-18640-good-to-long-dips-200269) has achieved all targets. The pair spiked above 0.91 handle after poor Australia CPI data...
FxWirePro: Go short on USD/ZAR at 14.40 with stop loss at 14.55 and target of 14.16
Apr 27, 2016 07:21 am UTC| Technicals
Pair is currently trading at 14.35 marks. It made intraday high at 14.42 and low at 14.33 levels. Intraday bias remains bearish till the time pair holds key resistance level at 14.65 levels. A sustained...
FxWirePro: AUD/JPY slips below 5&10 DMAs to hit fresh weekly lows at 84.53, BoJ major risk event
Apr 27, 2016 06:59 am UTC| Technicals
AUD/JPY slumps as dismal Australian CPI report raises bets for RBA rate cut at May 3rd meeting. Data released earlier today showed Australias Q1 headline CPI figures came in at -0.2% q/q versus +0.2% expected and...
FxWirePro: FTSE100 faces strong resistance at 200 day HMA, good to sell on rallies
Apr 27, 2016 06:56 am UTC| Technicals
Major Intraday resistance- 6305 (200 day MA) Major intraday support -6240 (trend line joining 6260 and 6248) FTSE100 has made a low of 6248 yesterday and slightly recovered till 6298 from that level. It is...
FxWirePro: Indian rupee fails to break key resistance at 66.96, back around 66.50
Apr 27, 2016 06:33 am UTC| Technicals
USD/INR is currently trading at 66.53 marks. It made intraday high at 66.59 and low at 66.48 levels. Intraday bias remains neutral for the moment. A daily close below 66.62 will take the parity down around...
Apr 27, 2016 06:32 am UTC| Technicals
The yen held predominantly stable during Asian session today ahead of Federal Reserve review on interest rates and its own central bank review the following day. With USD/JPY holding above the 110.00-50 pivot for now we...
FxWirePro: EUR/GBP trades tight range, focus on UK Q1 GDP data
Apr 27, 2016 06:23 am UTC| Technicals
EUR/GBP under pressure trades a tight range into the European open. Markets awaiting fresh incentives from the first estimate of UK Q1 GDP figures. Expectation is for the GDP growth rate to have slow to 0.4% in Q1...
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