FxWirePro: USD/CAD bearish again as upside bias reverses
Nov 16, 2016 16:29 pm UTC| Technicals
The USD/CAD pair declined in the US session on Wednesday as oil prices rose sharply supporting commodity related Canadian dollar after Russias comments on output cuts. Oil prices edged higher in volatile trading as...
Nov 16, 2016 13:38 pm UTC| Technicals Insights & Views
The current prices spike to 20.417 levels testing support at 7DMA, rallies well above DMAs after taking strong support at 18.4529 with bullish crossover. Huge volumes are formed on rising prices on both daily and...
Nov 16, 2016 12:46 pm UTC| Technicals
Last two days WTI crude price rallies are now restrained at theresistance of 45.93 levels, and any break above these levels to drag rallies. Bulls interests intensified after testing supports of 42.18 levels. RSI...
Nov 16, 2016 12:20 pm UTC| Technicals
Major resistance- 136.25 (61.8% retracement of 143.23 and 126.26) The pair breaks major resistance 61.8% fibo after declining till 134.18 yesterday .The pair has jumped till 136.56 yesterday. It is currently trading...
FxWirePro: Cable takes support near daily Kijun-Sen, good to sell on rallies
Nov 16, 2016 12:17 pm UTC| Technicals
Major support - 1.23795 (daily Kijun-Sen) Cable has taken support near daily Kijun-Sen and jumped sharply from that level. It is currently trading around 1.24505. Short term trend is slightly...
Nov 16, 2016 10:25 am UTC| Technicals
The pair is edging higher at 3.3073 levels, likely to retest all-time highs of 3.3164 levels. Please be noted that the pair has consistently been spiking higher above DMAs, we advise capturing dips to add longs as it is...
FxWirePro:EUR/USD upside capped by 5- day MA, good to sell on rallies
Nov 16, 2016 10:20 am UTC| Technicals
Major resistance- 1.0825 (5- day MA) Major support -1.0700 The pair declined sharply after jumping till 1.08162 yesterday. it is currently trading around 1.07250. The upside is capped by 5- day MA and nay...
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