FxWirePro: USD/JPY on track to test channel base at 109, good to go short on rallies
Apr 04, 2017 08:46 am UTC| Technicals
USD/JPY is trading a falling channel, we see scope for test of channel base at 109 levels. Technical indicators are bearish, RSI and Stochs are biased lower. The Japanese yen was sold-off into BOJ Governor...
USDCAD breaks major resistance at 1.3420, jump till 1.3530 likely
Apr 04, 2017 08:40 am UTC| Technicals
Major resistance -1.34150 (Mar 28th 2017 high) Major support 1.3378 (21- H EMA) USD/CAD has broken major resistance at 1.3420 and jumped till 1.34339 at the time of writing. It is currently trading around...
FxWirePro: EUR/NOK rejects key support at 9.1293, good to buy on dips
Apr 04, 2017 08:12 am UTC| Technicals
EUR/NOK is currently trading at 9.1712 levels. It made intraday high at 9.1724 and low at 9.1374 levels. Intraday bias remains bullish till the time pair holds key support at 9.1293 mark. A sustained break...
FxWirePro: USD/TRY hovers around 3.64 mark, sustained close above targets 3.6925
Apr 04, 2017 07:11 am UTC| Technicals
USD/TRY is currently trading at 3.6395 levels. It made intraday high at 3.6467 and low at 3.6362 levels. Intraday bias remains neutral till the time pair holds key support at 3.6200 marks. Key resistances...
FxWirePro: GBP/JPY breaks major support at 137.50, targets 136.45
Apr 04, 2017 07:01 am UTC| Technicals
Major support 137.50 (Mar 29th 2017 low). Major resistance 140.10 GBPJPY broken the major support at 137.50 low formed on Mar 29th 2017 and declined till 137.21 level at the time of writing. It is currently...
Apr 04, 2017 06:43 am UTC| Technicals
Safe-havens on the rise amid risk-off at expense of the higher-yielding assets such as the NZD, equities, oil etc. Fall in the NZ business morale in Q1 2017 also collaborating to the downbeat tone around the...
FxWirePro: Swedish krona erases previous gain against euro, intraday bias remains bullish
Apr 04, 2017 06:31 am UTC| Technicals
EUR/SEK is currently trading around 9.5611 levels. It made intraday high at 9.5642 and low at 9.5399 levels. Intraday bias remains neutral for the moment. A sustained close above 9.5491 tests key resistances...
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