
FxWirePro: DAX30 faces strong trend line resistance at 10270, good to sell on rallies
Jun 22, 2016 07:13 am UTC| Technicals
Major resistance- 10270 (trend line joining 10875 and 10349) Major support 9980 (90 day EMA) The index has broken psychological resistance 10000 yesterday and jumped till 10122. It is currently trading around...

FxWirePro: AUD/JPY finds major resistance at 78.35, go long on breakout above
Jun 22, 2016 07:01 am UTC| Technicals
Hard commodity markets are stable, RBA in a wait-and-see mode, Aussie likely to grind higher. On the other side, waning Brexit bets see lesser demand for safe-haven Yen. AUD/JPY extending upside for the 4th...

FxWirePro: Swedish krona erases previous gain against euro, Sweden’s unemployment rate in focus
Jun 22, 2016 06:49 am UTC| Technicals
EUR/SEK is currently trading around 9.3112 levels. It made intraday high at 9.3154 and low at 9.3030 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.3434 marks. A daily...

Jun 22, 2016 06:24 am UTC| Technicals
The current price sentiments are in bulls favour as the price bounces are moving in rising channel. At the moment, the pair takes support at channel base at 0.7137 levels to drag the day uptrend. The current prices...

CAD/JPY faces strong resistance at 82.05, break above targets 83.45/84.50
Jun 22, 2016 06:16 am UTC| Technicals
Candlestick pattern: Shooting star (4 Hours Chart) Major resistance -82.05 (55 4H EMA) CAD/JPY has jumped till 82.05 and started to decline from that level. It is currently trading around 81.64. The decline...

FxWirePro: USD/CNY holds tight range, PBOC sets Yuan mid-point at 6.5935 per dollar
Jun 22, 2016 05:59 am UTC| Technicals
USD/CNY is currently trading around 6.5840 marks. It made intraday high at 6.59 and low at 6.5830 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5924 levels. Pair trades...

FxWirePro: EUR/CAD finds major support at 1.4393, good to go short on break below
Jun 22, 2016 05:46 am UTC| Technicals
Bid tone around CAD strengthened in Asia as oil recovers losses at both the sides of the Atlantic. ECB Chief Draghi was speaking at the European Parliament, and his noting of subdued inflation dynamics and willingness...