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FxWirePro:FTSE100 faces major resistance at 5185, good to sell on rallies

May 12, 2016 07:36 am UTC| Technicals

Major support - 6100 FTSE100 has declined after making a high of 6173 yesterday. It is currently trading around 6111. Short term trend is slightly weak as long as resistance 6185 holds.Minor bullishness can...

FxWirePro: AUD/JPY faces strong resistance at 80.75, good to sell on rallies

May 12, 2016 07:20 am UTC| Technicals

Major resistance 80.72 (10 day EMA) AUD/JPY has jumped after making a low of 78.17 on May 6th 2016. But the upside has been capped by 10 day EMA .It is currently trading around 79.85. Minor trend is weak as long...

FxWirePro: Silver back around $17.30, intraday bias remains slightly bearish

May 12, 2016 07:12 am UTC| Technicals

XAG/USD is currently trading around $17.29 marks. It made intraday high at $17.43 and low at $17.27 levels. Intraday bias remains bearish for the moment. Alternatively, a daily close below $17.06 will drag...

FxWirePro: Swedish krona gains ahead of CPI data, unemployment rate falls to 7.5 pct

May 12, 2016 06:20 am UTC| Technicals

EUR/SEK is currently trading around 9.2912 levels. It made intraday high at 9.3018 and low at 9.2832 levels. Intraday bias remains neutral for the moment. A sustained break above 9.2916 tests key resistances...

GBP/JPY breaks minor resistance 156.80, targets 158.45/160

May 12, 2016 06:18 am UTC| Technicals

Major support -156.23 (100 day HMA) Major resistance -158 GBP/JPY has taken support near 100 day HMA and recovered from that level. It is currently trading around 157.09. Minor weakness can be seen only...

FxWirePro: Reiteration on AUD/USD’s major trend continuation after rejection of resistance at 23.6% Fibos and at 0.7651

May 12, 2016 06:00 am UTC| Technicals

Didnt we alert you for the shorts..? Please follow below weblink: https://www.tradingview.com/chart/AUDUSD/jrvv40M8-Don-t-miss-AUD-USD-shorts-at-stiff-resistance-at-0-7727-0-7838/ We had already advocated above call...

FxWirePro: Indian rupee strengthens against US dollar, good to sell on rallies

May 12, 2016 05:28 am UTC| Technicals

USD/INR is currently trading around 66.57. It made intraday high at 66.62 and low at 66.54 marks. Intraday bias remains bearish till the time pair holds key resistance at 66.72 marks. A daily close below...

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Science

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Technology

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