GBP/USD trades slightly below 21- day MA, targets 1.3100/1.3050
Sep 14, 2016 09:41 am UTC| Technicals
Major resistance- 1.3350 Major support -1.3155 (daily Kijun-Sen) Cable has broken minor support 1.3230 and declined till 1.31660 at the time of writing. It is currently trading around 1.3203. The pair...
FxWirePro: DAX30 faces strong resistance at 21- day MA, good to sell on rallies
Sep 14, 2016 07:23 am UTC| Technicals
Major support 10300 (38.2% retracement of 10806 and 8695). Major resistance 10593 (21- day MA). DAX30 has jumped sharply after making a low of 10321 on Sep 12th 2016. It is currently trading around...
FxWirePro: USD/INR rejects key resistance at 67.10, bias remains bearish
Sep 14, 2016 07:07 am UTC| Technicals
USD/INR is currently trading around 66.96 marks. It made intraday high at 67.09 and low at 66.95 marks. Intraday bias remains neutral till the time pair holds immediate resistance at 67.05 marks. Key...
FxWirePro: EUR/JPY hovers around 116 handle, intraday bias higher
Sep 14, 2016 07:03 am UTC| Technicals
EUR/JPY is extending bounce off major trendline support at 113.95 on Tuesdays trade. The pair has broken major resistance at 115.75 and intraday bias is higher. Yen subdued amid news that the BOJ is likely to...
FxWirePro: USD/TRY stabilises above 2.98 mark, likely to hit key resistance at 2.9977
Sep 14, 2016 06:31 am UTC| Technicals
USD/TRY is currently trading at 2.9835 levels. It made intraday high at 2.9858 and low at 2.9794 levels. Intraday bias remains bullish till the time pair holds key support at 2.9624. Key resistances are seen...
FxWirePro: NZD/USD finds major resistance at 0.73 levels, good to sell rallies
Sep 14, 2016 06:11 am UTC| Technicals
NZ Balance of Payments Current account deficit for Q2 came in at 945mln versus -295mln expected and against a surplus of 1306mln seen previously. New Zealand posts narrowest current account deficit since 2Q 2014,...
Sep 14, 2016 06:06 am UTC| Technicals
NZDUSD has formed shooting star candlestick pattern at peaks of 16-months highs which is bearish in nature (at 0.7318 levels, see weekly chart). As a result of the formation of this bearish pattern, the current prices...
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