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FxWirePro: GBP/USD faces major intraday support at 1.4180, good to buy at dips

Apr 13, 2016 09:14 am UTC| Technicals

Major Support 1.4185 (200 day MA) Cable has recovered yesterday after making a low of 1.41965 (near 200 HMA) .It is currently trading around 1.42391. Intraday trend is slightly bullish as long as support 1.4185...

FxWirePro: USD/ZAR fails to break key support at 14.64, good to buy on dips

Apr 13, 2016 08:28 am UTC| Technicals

Pair is currently trading at 14.76 marks. It made intraday high at 14.78 and low at 14.66 levels. Intraday bias remains bullish till the time pair holds key support level at 14.64 levels. Alternatively,...

FxWirePro: EUR/SEK breaks key support at 9.2050, good to sell on rallies

Apr 13, 2016 08:05 am UTC| Technicals

EUR/SEK is currently trading around 9.1843 levels. It made intraday high at 9.2074 and low at 9.1792 levels. Intraday bias remains bearish for the moment. A current down fall 9.2630 will likely to take the...

FxWirePro: EUR/GBP capped below 0.80 handle, bias lower

Apr 13, 2016 07:59 am UTC| Technicals

EUR/GBP is seen trading a rising channel since Jan 2016, and has remained capped below the 0.80 handle. The pair is extending downside from fresh 20-month highs at 0.8117 hit on April 7th, down for the 4th straight...

FTSE100 trades well above 200 day MA, jump till 6447 is possible

Apr 13, 2016 07:28 am UTC| Technicals

Major support -6200 (9 day EMA) Major resistance 6225 (200 day MA) The index has broken major resistance 6225 and closed well above that level yesterday .It has jumped till 6307 at the time of writing. It is...

FxWirePro: AUD/CAD holds above cloud base, weakness only on breaks below

Apr 13, 2016 06:41 am UTC| Technicals

AUD/CAD has broken range trade and price action has slipped into the daily cloud. Long upper wicks successively on daily candles suggests selling pressure, pair struggling to extend upside. Momentum studies are...

FxWirePro: GBP/JPY faces strong support at 154, good to buy at dips

Apr 13, 2016 06:36 am UTC| Technicals

Major resistance- 155.80 (55 4 H EMA) Major Intraday support 154 GBP/JPY has made a high of 155.51 yesterday and started to decline from that level .It is currently trading around 154.99. Intraday trend is...

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Technology

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