FxWirePro:U.S Dollar Index struggles to close above 103.50, good to buy on dips
Dec 21, 2016 12:18 pm UTC| Technicals
Major resistance 103.60 Major support 102.30 (7- day EMA). U.S Dollar Index breaks the high of 103.56 and slightly jumped till 103.65. The index has not able to hold at higher levels and a small amount of...
USD/CHF breaks minor trend line support, dip till 1.02000 likely
Dec 21, 2016 09:52 am UTC| Technicals
Major support 1.02800 (trend line joining 1.00834 and 1.02217). Major Resistance 1.03435 USD/CHF breaks below 1.02800 today Asian session and declined till 1.02657. It is currently trading around...
Dec 21, 2016 09:34 am UTC| Technicals
On daily charts, the prices have been sliding in falling wedge, currently sensing resistance at wedge topline, thebreak above may drag rallies again up to 1.4509 levels. The bears in major trend went on to form...
FxWirePro: DAX30 trades higher, good to buy on dips
Dec 21, 2016 09:13 am UTC| Technicals
Major Resistance- 11500 Major support 11270 (10- day MA) The index is showing a continues upside for the past three trading session and is trading well above Nov 2015 high.DAX30 jumped till 11475 at the time of...
FxWirePro: South African rand appreciates against U.S. dollar, good to sell on rallies
Dec 21, 2016 07:47 am UTC| Technicals
USD/ZAR is currently trading around 13.93 levels. It made intraday high at 14.00 and low at 13.91 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.16 marks. A daily...
FxWirePro:GBP/JPY faces strong intraday resistance at 146.35, good to sell on rallies
Dec 21, 2016 07:42 am UTC| Technicals
Major intraday resistance 146.35. Major intraday support 145.30. The pair shown a mild jump till 145.91 after declining till 145.34 yesterday. GBP/JPY has broken the intraday support of 145.30 and declined...
FxWirePro: Stay long in USD/TWD as upswings breaks above 200-DMA on consistent trendline support
Dec 21, 2016 07:37 am UTC| Technicals
The current price upswings have spiked above DMAs, while 7DMA crosses over 21DMA which is the bullish crossover. The breach above 200 day moving average opens room for more upside. The trend line support from the...
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