FxWirePro: NZD/USD bias turns bearish on break below 5-DMA, good to sell rallies
Sep 09, 2016 12:37 pm UTC| Technicals
NZD/USD is extending downside from multi-month highs at 0.7485. Techs have turned bearish after break below 5-DMA support at 0.7383. Stochs have rolled over from overbought levels and RSI is biased...
Sep 09, 2016 09:46 am UTC| Technicals
USDCAD Trade idea Major resistance- 1.2947 (100- 4H MA) Major support -1.2865 (61.8% retracement of 1.28224 and 1.29457) Loonie has broken minor resistance at 1.2940 and slightly jumped till 1.29457 from that level....
Sep 09, 2016 08:23 am UTC| Technicals
Major resistance- 1.2947 (100- 4H MA). Major support -1.2865 (61.8% retracement of 1.28224 and 1.29457). Loonie has broken minor resistance at 1.2940 and slightly jumped till 1.29457 from that level. It is...
FxWirePro: Swedish krona erases previous gain against euro; stay bullish
Sep 09, 2016 08:12 am UTC| Technicals
EUR/SEK is currently trading around 9.5156 levels. It made intraday high at 9.5272 and low at 9.5004 levels. Intraday bias remains bullish till the time pair holds key support at 9.4815 marks. A daily close...
FxWirePro: USD/JPY capped below 38.2% Fib, good to go short on break below 102
Sep 09, 2016 07:26 am UTC| Technicals
USD/JPY holds above 102 handle, we see weakness onbreak below. Upside finds stiff resistance at 102.57 to 102.71 zone - 102.57 (38.2% Fib), 102.62 (50-DMA), 102.71 (10-DMA). Major trend is down, bearish...
FxWirePro: USD/ZAR breaks key resistance at 14.17, good to buy on dips
Sep 09, 2016 07:04 am UTC| Technicals
USD/ZAR is currently trading around 14.21 levels. It made intraday high at 14.23 and low at 14.11 levels. Intraday bias remains slightly bullish till the time pair holds major support at 14.17 levels. A...
FxWirePro: USD/TRY jumps above 2.95 mark, faces key resistance at 2.9605
Sep 09, 2016 06:20 am UTC| Technicals
USD/TRY is currently trading at 2.9530 levels. It made intraday high at 2.9596 and low at 2.9495 levels. Intraday bias remains neutral for the moment. A sustained close below 2.9314 will drag the parity...
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