
Aug 04, 2016 09:08 am UTC| Technicals
Major resistance 6700 (4H Kijun-Sen). Major support 6620 (90 day EMA). The index has broken major support at 6620 and declined till 6611 at the time of writing. It is currently trading around 6614. The...

USD/CHF upside capped by 7 day EMA, break above targets 0.9790/0.985
Aug 04, 2016 09:05 am UTC| Technicals
Major resistance- 0.9740 (7 day EMA). Major support: 0.9630 (Jul 29th low). The pair has broken minor resistance 0.9680 and jumped till 0.9738.It is currently trading around 0.9735. On the higher side any...

FxWirePro: USD/TRY hits fresh weekly high at 3.0268, intraday bias remains bullish
Aug 04, 2016 08:16 am UTC| Technicals
USD/TRY is currently trading at 3.0259 levels. It made intraday high at 3.0268 and low at 3.0095 levels. Intraday bias remains bullish till the time pair holds key support at 3.0085 marks. A sustained close...

FxWirePro: USD/ZAR falls below 14.00 mark; sustain a close below targets 13.72
Aug 04, 2016 07:18 am UTC| Technicals
USD/ZAR is currently trading around 13.93 levels. It made intraday high at 13.94 and low at 13.87 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.08 levels. A daily close...

Aug 04, 2016 06:39 am UTC| Technicals
Last month, thebreach below crucial supports at 1.7411 (i.e. 61.8% Fibonacci retracement) may expose towards more bearish targets (see monthly charts), bears can load up more weights in shorts as the major downtrend seems...

FxWirePro: Silver breaks key support at $20.32; stay bearish
Aug 04, 2016 06:22 am UTC| Technicals
XAG/USD is currently trading around $20.18 marks. It made intraday high at $20.41 and low at $20.03 levels. Intraday bias remains bearish till the time pair holds key resistance at $20.32 levels. A daily...

FxWirePro: USD/CAD faces strong support at 1.3000, good to buy on dips
Aug 04, 2016 06:22 am UTC| Technicals
Major support 1.3010 (trend line joining 1.26778 and 1.28610). Major resistance 1.3150 (Aug 2nd high). The pair has made a temporary top around 1.3150 and declined from that level. It is currently trading...