FxWirePro: ASX200 faces minor resistance around 5270, good to buy at dips
Dec 02, 2015 03:20 am UTC| Technicals
Major resistance -5270 (trend line joining 5409 and 5296) ASX has made high of 5283 and declined till 5232 (50 day 4 HMA) and started to recover from that level.The index is consolidating around 5270 and is trading...
FxWirePro: USD/CHF key support at 1.0245, bullish in the short term
Dec 01, 2015 15:32 pm UTC| Technicals
The USD/CHF pair rallied from 1.0255 to hit high at 1.0294 levels in the early European session. However, after negative ISM Manufacturing PMI, the pair has turned back towards 1.0242 support level. The pair continues to...
FxWirePro: EUR/USD key resistance at 1.0688, downside prevails in the short term
Dec 01, 2015 15:07 pm UTC| Technicals
The pair found some bullish movement, after bunch of economic data released from Eurozone printed positive figures. In the US session the pair inched higher further towards 1.0627 levels after ISM manufacturing PMI printed...
FxWirePro: GBP/USD key resistance at 1.5191, bearish in the short term
Dec 01, 2015 14:13 pm UTC| Technicals
GBP/USD edged higher in the earlier session to hit high at 1.5122 levels. However, the pair has lost some ground after UK Manufacturing PMI printed negative figures to trade around 1.5070 levels. Currently the price...
FxWirePro: Swiss records lackluster economic prints, USD/CHF uptrend remains intact
Dec 01, 2015 13:19 pm UTC| Technicals
Swiss GDP q/q disappoints by missing forecasts. A dip from previous 0.2% to 0.0% has missed the projections at 0.2%. While a negative retail sales at -0.8% were way below from previous flashes at 0.2% and projections at...
Dec 01, 2015 12:24 pm UTC| Technicals
GBP/USD has made a high of 1.51250 and declined from that level after release of weaker than expected UK Manufacturing PMI. UK Manufacturing PMI fell to a seasonal adjusted 52.7 in Nov compared to forecast of...
FxWirePro: CAD/JPY takes support around 91.60, good to buy at dips
Dec 01, 2015 12:13 pm UTC| Technicals
CAD/JPY has broken minor trend line resistance 92.05 (trend line joining 93.09 and 92.28) and jumped till 92.62 from that level. Short term trend is bullish as long as support 91.60 holds The pairs short term...
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