
FxWirePro: AUD/CHF recovers after making a low of 0.7103, good to sell on rallies
Jun 13, 2016 10:33 am UTC| Technicals
Major resistance- 0.7220 (90 day EMA) Major support - 0.710 (Jun 2nd high) The pair has once again taken support near 0.7100 and jumped from that level. It is currently trading around 0.71432. Short term...

US OIL breaks major trend line support at $48.60, targets $46.70
Jun 13, 2016 09:16 am UTC| Technicals
Major support - $48.56 (trend line joining $46.72 and $47.73). US Oil has broken 21 day MA at 48.99 and also major trend line support at the time of writing. The commodity has declined till $48.19 today morning and...

FxWirePro: Go long on XAU/USD only above $1,282 with stop loss at 1,264 and target of $1,303
Jun 13, 2016 08:40 am UTC| Technicals
XAU/USD is currently trading around $1281 marks. It made intraday high at $1284 and low at $1272 marks. Intraday bias remains bullish till the time pair holds key support at $1264 marks. A sustained break...

Jun 13, 2016 08:19 am UTC| Technicals
USD/ZAR is currently trading around 15.17 levels. It made intraday high at 15.26 and low at 15.16 levels. Intraday bias remains neutral for the moment. A daily close below 14.96 will drag the parity down...

FxWirePro: CAD/JPY faces strong support at 82, good to buy at dips
Jun 13, 2016 07:57 am UTC| Technicals
Major Support 82 CAD/JPY has recovered after making a low of 82.67.It is currently trading at 83.01. Short term trend is bullish as long as support 82 holds. On the downside, any break below 82 will drag the...

FxWirePro: EUR/JPY hits 3-1/2 year lows at 119, struggles to extend below
Jun 13, 2016 07:46 am UTC| Technicals
EUR/JPY extends downside for the sixth straight session, as the yen remains heavily bid amid increased risk-off across markets. The pair has broken major trendline support at 120.70 and has hit lows of 119...

FxWirePro: Swedish krona gains against euro after better than expected Sweden’s unemployment rate
Jun 13, 2016 07:18 am UTC| Technicals
EUR/SEK is currently trading around 9.3308 levels. It made intraday high at 9.3517 and low at 9.3205 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.3571 marks. A daily...