FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Sep 22, 2016 14:00 pm UTC| Technicals
The USD/CAD declined on Thursday, as commodity currencies were helped by the Federal Reserves decision to keep U.S. interest rates unchanged and buoyed by climbing oil prices after a surprise U.S. crude stock...
Sep 22, 2016 12:34 pm UTC| Technicals
Major resistance- 1.3092 (Sep 19th high). Major intraday support 1.3038 (100- HMA). Cable has recovered sharply from the low of 1.29537 after Fed meeting. It is currently trading around 1.30650. On the...
FxWirePro: Yellow metal plays safe haven cards as FOMC tiptoes hiking expectations to Christmas
Sep 22, 2016 12:27 pm UTC| Central Banks Technicals
As expected by the majority of analysts the Fed did not raise interest rates last night. As a result, it, therefore, seems to make sense that investors seeking after safe avenues of investments in Gold, evidently this...
DAX30 trades well above 21- day MA, targets 10806/10880
Sep 22, 2016 12:14 pm UTC| Technicals
Major resistance 10540 (21- day MA) Major support 10450 (daily Tenkan-Sen) The index has broken 21- day MA at 10540 and is trading well above that level. It is currently trading around 10640. In the daily...
FXWirePro:AUD/CHF faces trend line resistance at 0.7460, good to buy on dips
Sep 22, 2016 09:22 am UTC| Technicals
Major support 0.7460 (trend line joining 0.75616 and 0.75005). The pair has broken minor resistance at 0.7420 and jumped till 0.74433 at the time of writing. It is currently trading around 0.74320. AUD/CHF is...
Sep 22, 2016 09:10 am UTC| Technicals
EUR/NOK is currently trading at 9.1360 levels. It made intraday high at 9.2413 and low at 9.1216 levels. Intraday bias remains bearish for the moment. A sustained break below 9.1347 key support targets next...
FxWirePro: EUR/GBP finds major resistance at 0.8620, good to go long on break above
Sep 22, 2016 08:57 am UTC| Technicals
EUR/GBP finds major resistance at 0.8620, break above to see further gains. Intraday bias for the pair is higher, momentum studies are bullish, RSI at 61 with scope for further upside. The single currency stages...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects