FxWirePro:US Dollar Index takes support near 10 –day MA, good to buy on dips
Dec 23, 2016 12:34 pm UTC| Technicals
Major support 102.40 (10- day MA) The U.S dollar index has slightly recovered after declining till 102.59. The index took support near 10- day MA and is currently trading around 102.99. The index is facing...
Dec 23, 2016 11:55 am UTC| Technicals
Major resistance 145.20 (trend line joining 148.45 and 147.35) Major support 144.10 (21- day MA) GBP/JPY started to show a decline after jumping till 146.35 from the low of 144.52. The pair breaks major support...
FxWirePro:USD/CHF faces major support around 1.0220, good to sell on rallies
Dec 23, 2016 10:05 am UTC| Technicals
Major support 1.02800 (trend line joining 1.00834 and 1.02217) Major Resistance 1.0300 (trend line joining 1.03435 and 1.3020) USD/CHF made a temporary bottom around 1.0220 and slightly recovered from that...
FxWirePro: AUD/USD history repeats at sliding channel resistance, conviction holds true
Dec 23, 2016 09:37 am UTC| Technicals
We kept urging trend is your friend and the major trend has been bearish, weve been uttering this not to buck the major trend in our previous write-ups. Please follow below weblinks for more readings on...
GBP/JPY faces strong support at 21- day MA, break below targets 142.50
Dec 23, 2016 08:22 am UTC| Technicals
Major resistance 145.20 (trend line joining 148.45 and 147.35). Major support 144.10 (21- day MA) GBP/JPY started to show a decline after jumping till 146.35 from the low of 144.52. The pair breaks minor...
FxWirePro: NZD/USD finds strong support at 0.6880, break above 5-DMA to confirm upside
Dec 23, 2016 08:00 am UTC| Technicals
NZD/USD hovers around 0.69 handle after holding major trendline support at 0.6880. Upbeat GDP data along with strong GDT price rise seen this week could see some upside for the kiwi. Overall momentum however, remains...
FxWirePro: USD/ZAR hovers around 14.00 mark, good to sell on rallies
Dec 23, 2016 07:32 am UTC| Technicals
USD/ZAR is currently trading around 14.01 levels. It made intraday high at 14.05 and low at 13.99 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.09 marks. A daily...
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