FxWirePro: South Korean won appreciates against euro, hits strongest level since April 2015
Apr 03, 2017 01:08 am UTC| Technicals
EUR/KRW is currently trading around 1,186 mark. Pair made intraday high at 1,188 and low at 1,186 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,202 mark. A daily close...
Mar 31, 2017 12:27 pm UTC| Technicals
Major resistance 84.20 (trend line joining 87.72 and 85.89). Major support 81.96 (200- day MA). CAD/JPY taken support near 200- day MA and jumped sharply from the low of 82.23. It is currently trading around ...
FxWirePro: EUR/USD trades lightly below 1.0700, targets 1.0600
Mar 31, 2017 11:40 am UTC| Technicals
Major support - 1.06500 (61.8% retracement of 1.04948 and 1.09058). Major intraday resistance - 1.0789 (4H Kijun-Sen). EUR/USD broken major support at 1.07350 yesterday and declined till 1.06700 at the time of...
FxWirePro: Sell GBP/USD below 1.24300
Mar 31, 2017 10:39 am UTC| Technicals
Cable has shown a slight jump above 1.2500 level and declined slightly from that level. The pair declined till 1.24030 yesterday and jumped till 1.25230. Cable is trading near days low after weaker than expected UK Q4...
FxWirePro: Buy CAD/JPY above trend line resistance
Mar 31, 2017 09:35 am UTC| Technicals
Major resistance 84.20 (trend line joining 87.72 and 85.89). Major support 81.96 (200- day MA). CAD/JPY taken support near 200- day MA and jumped sharply from the low of 82.23. It is currently trading around ...
FxWirePro: AUD/NZD breaks above 20-DMA, bias higher, good to go long on dips
Mar 31, 2017 09:28 am UTC| Technicals
AUD/NZD is holding break above 20-DMA at 1.0940, intraday bias higher. The pair is edging higher after holding major trendline support at 1.080. We see weakness only on close below 20-DMA. Price action in...
FxWirePro: Copper fails to hold gains above 50-DMA, upside only on close above
Mar 31, 2017 08:49 am UTC| Technicals
Copper has failed to hold spike above 50-DMA on Thursdays trade. The pair has edged lower to currently trade at 2.670. Upside remains capped by 50-DMA at 2.6767. Price action contained within daily cloud. We...
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