FxWirePro:DXY breaks major support at 100,decline till 99.25 likely
Mar 21, 2017 10:05 am UTC| Technicals
Major support 100 Minor intra day resistance 100.40. DXY broken major psychological support of 100 at the time of writing. The index was trading between 100.06 and 102.26 for the past week. After six week of...
FxWirePro: EUR/SEK remains well supported above 9.4700 mark, sustained close below targets 9.4310
Mar 21, 2017 08:34 am UTC| Technicals
EUR/SEK is currently trading around 9.4820 levels. It made intraday high at 9.4863 and low at 9.4677 levels. Intraday bias remains neutral till the time pair holds key support at 9.48 marks. A sustained...
FxWirePro: AUD/USD holds above 5-DMA at 0.7705, weakness only on close below
Mar 21, 2017 07:49 am UTC| Technicals
Aussie under renewed selling pressure on Tuesday after the RBA minutes highlighted the central banks concern on highly indebted households. The RBA March monetary policy meeting minutes, painted a mixed picture of the...
FxWirePro: USD/JPY rebound capped below 5-DMA at 112.91, bias lower, stay short
Mar 21, 2017 07:19 am UTC| Technicals
USD/JPY edges higher from lows at 112.25 amid renewed risk-on in the Asian session. Macrons win in the first French presidential debate cheered by markets. Focus now on Fed Dudleys speech and the upcoming US...
FxWirePro: South African rand trades almost flat against U.S. dollar, faces strong support at 12.60
Mar 21, 2017 07:07 am UTC| Technicals
USD/ZAR is currently trading around 12.64 levels. It made intraday high at 12.66 and low at 12.61 levels. Intraday bias remains neutral till the time pair holds key support at 12.60 marks. A daily close...
FxWirePro:GBP/JPY forms Bullish Gartley pattern,good to buy on dips
Mar 21, 2017 06:49 am UTC| Technicals
Harmonic pattern Bullish Gartley pattern Potential Reversal Zone (PRZ) 138.56. GBP/JPY has once again shown a mild jump after hitting a low of 138.89. The pair jumped till 139.43 and is currently trading around...
FxWirePro: EUR/CAD hovers around 200-DMA, good to go long on break above
Mar 21, 2017 06:27 am UTC| Technicals
Sentiment around the common currency buoyed amid latest news of a Macron win at the first French presidential debate. The EUR bulls continue to cheer Macrons debate win which adds to the recent opinion polls results,...
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