FxWirePro:US Oil faces strong trend line resistance around $55.25, good to buy on dips
Jan 03, 2017 09:59 am UTC| Technicals
Major resistance - $55.25 (trend line joining $51.64 and $54.48). Major support - $53.60 (trend line joining $54.24 and $53.39). US Oil breaks minor support $54.15 and jumped sharply till $55.21 at the time of...
CAD/JPY breaks major intraday resistance at 87.67, jump till 88.90 likely
Jan 03, 2017 08:50 am UTC| Technicals
Major intraday resistance- 87.67 Major support 86.87 (200- HMA). CAD/JPY breaks the major resistance 87.67 and jumped till 87.86 at the time of writing. It is currently trading around 87.85. The intraday...
CAD/JPY breaks major intraday resistance at 87.67, jump till 88.90 likely
Jan 03, 2017 08:50 am UTC| Technicals
Major intraday resistance- 87.67 Major support 86.87 (200- HMA). CAD/JPY breaks the major resistance 87.67 and jumped till 87.86 at the time of writing. It is currently trading around 87.85. The intraday...
FxWirePro: USD/ZAR trading in narrow range, bias remains neutral
Jan 03, 2017 08:22 am UTC| Technicals
USD/ZAR is currently trading around 13.71 levels. It made intraday high at 13.78 and low at 13.68 levels. Intraday bias remains neutral till the time pair holds key support at 13.65 marks. A daily close...
FxWirePro: USD/ZAR trading in narrow range, bias remains neutral
Jan 03, 2017 08:22 am UTC| Technicals
USD/ZAR is currently trading around 13.71 levels. It made intraday high at 13.78 and low at 13.68 levels. Intraday bias remains neutral till the time pair holds key support at 13.65 marks. A daily close...
FxWirePro: EUR/AUD slips below 100-DMA, good to go short on rallies
Jan 03, 2017 07:24 am UTC| Technicals
EUR/AUD was rejected just shy of 200-DMA at 1.4748 on Fridays trade. The pair has broken below 100-DMA at 1.4516, raises scope for downside. We see scope for test of trendline at 1.41 levels. Stochs have...
FxWirePro: Chinese yuan gains on robust Caixin manufacturing PMI data
Jan 03, 2017 07:02 am UTC| Technicals
USD/CNY is currently trading around 6.9339 marks. It made intraday high at 6.9549 and low at 6.9238 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.9552 mark. A sustained...
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