FxWirePro: Taiwanese dollar marginally lower despite higher than expected manufacturing PMI data
Jan 03, 2017 01:07 am UTC| Technicals
USD/TWD is currently trading around 32.40 marks. It made intraday high at 32.42 and low at 32.25 marks. Intraday bias remains neutral for the moment. A daily close above 32.46 will drag the parity up towards...
FxWirePro: GBP/USD upside capped by 21- day EMA, good to sell on rallies
Jan 02, 2017 11:59 am UTC| Technicals
Major resistance 1.2390 (21- day EMA) Major support - 1.2200 Cable made a minor bottom at 1.22005 on Dec 28th 2016 and slightly jumped from that level. It is currently trading around 1.22930. The pair...
Jan 02, 2017 11:42 am UTC| Research & Analysis Technicals
The key energy giants have sought after lesser Chinese customers,sidestepping the state firmsthat have monitored imports, in a bid to counter a global gas glut. Amid the more rivalry in the energy sector, for smooth the...
FxWirePro: EUR/USD Long Term outlook
Jan 02, 2017 11:04 am UTC| Technicals
Major resistance 1.06700 (Dec 14th high) Major support 1.03500 The pair hits fresh year low at 1.03522on Dec 20th 2016 and slightly gained from that level. It is currently trading around 1.04875. It has...
FxWirePro: Sell USD/CAD below 1.34000
Jan 02, 2017 09:26 am UTC| Technicals
Major resistance 1.3590 (Nov 14th 2016 high) Loonie declined sharply after making a temporary top around 1.35982. It is currently trading around 1.34340. The downside is capped by 38.2% fibo and any further...
FxWirePro: USD/JPY re-takes 117, breaks 1H 200-SMA at 117.24, good to long dips
Jan 02, 2017 08:38 am UTC| Technicals
USD/JPY has bounced off 20-DMA at 116.50, has re-taken 117 handle. The pair has broken 1H 200-SMA at 117.24, intraday bias higher. We see scope for further upside, test of 117.80 level likely. On the...
Jan 02, 2017 08:03 am UTC| Technicals Insights & Views
GBPAUD rallies have gone above SMAs on weekly plotting but remained well below thesloping trend line, for now, upside potential is seen only upto trendline. As you could see, the upswings have gone in thenarrow range...
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