Nov 09, 2016 12:07 pm UTC| Technicals
Major resistance 1.2552 Cable has formed temporary around 1.2552 and declined sharply from that level. It is currently trading around 1.23800. On the lower side, any break below 1.23800 will drag the pair down...
FxWirePro: GBP/USD faces strong resistance round 1.2560, good to sell on rallies
Nov 09, 2016 10:44 am UTC| Technicals
Major resistance 1.2552 Cable has formed temporary around 1.2552 and declined sharply from that level. It is currently trading around 1.23800. On the lower side, any break below 1.23800 will drag the pair down...
FxWirepro:FTSE100 forms temporary bottom at 6610, good to buy on dips
Nov 09, 2016 08:27 am UTC| Technicals
Major support 6600 (Aug 8th 2016 low) FTSE100 jumped from the low of 6655 made on Nov 4th 2016 till 6876. The index declined sharply on account of Donald Trump wins the US Presidential election. The index major...
FxWirePro: EUR/AUD faces major resistance at 200-DMA, further upside only on break above
Nov 09, 2016 07:26 am UTC| Technicals
EUR/AUD spiked to hit fresh 4-week highs of 1.4881 as Trump-led risk aversion weighed on AUD. The pair finds major resistance at 1.4908 (200-DMA). Only break above could see further upside. Techs on weekly charts...
FxWirePro: Chinese Yuan gains against U.S. dollar as CPI data meets expectations
Nov 09, 2016 07:26 am UTC| Technicals
USD/CNY is currently trading around 6.7697 marks. It made intraday high at 6.7845and low at 6.7538 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7845 marks. On the top...
FxWirePro: NZD/USD retraces from session lows at 0.7273, retakes 0.73 handle
Nov 09, 2016 06:52 am UTC| Technicals
Increased prospects of Trump victory triggered major risk aversion across markets weighing on high-yielding currencies. NZD/USD was down around 1.6%, hit session lows at 0.7273. The pair has since recovered to...
Nov 09, 2016 06:44 am UTC| Technicals
After bulls losing momentum in the pair yesterday at the highs of 0.9789, prices tumble today of US elections whereby Trump almost in the leading the contest. Observe a bearish engulfing candle with thebig real body to...
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