ETH/USD faces strong support at $13, good to buy at dips
Jun 06, 2016 08:05 am UTC| Technicals
Major intraday support - $13 (21 day MA) Major resistance- $14 The pair has declined till $13 and slightly shown an upside momentum. The pair is facing astiff resistance of $14 and any break above will take the...
FxWirePro: USD/CNY falls below 6.56 mark, faces major support at 6.5510
Jun 06, 2016 07:56 am UTC| Technicals
USD/CNY is currently trading around 6.5572 marks. It made intraday high at 6.5854 and low at 6.5595 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5723 levels. A sustained...
FxWirePro: BTC/USD faces strong resistance at $600, good to buy at dips
Jun 06, 2016 07:21 am UTC| Technicals
BTC/USD is trading stronger and jumped till $588 on Friday. It is currently trading around $580. The pair is facing psychological resistance around $600 and thebreak will take the pair till $630 (161.8% retracement of...
Jun 06, 2016 07:18 am UTC| Technicals
The pair has opened the week with a gap down at 1.9608 versus theprevious close at 1.9693. Thereby it has breached below supports at 1.9697 levels, Bear have now exposed towards retesting of 38.2% retracement on...
FxWirePro: Swedish krona erases previous gain against euro, intraday bias remains bullish
Jun 06, 2016 07:16 am UTC| Technicals
EUR/SEK is currently trading around 9.2617 levels. It made intraday high at 9.2683 and low at 9.2386 levels. Intraday bias remains bullish till the time pair holds key support at 9.2329 marks. A daily close...
FxWirePro: NZD/JPY holds major trendline supprot at 73.75, weakness only on break below
Jun 06, 2016 07:11 am UTC| Technicals
NZD/JPY remains capped below 50-DMA currently at 74.83. The pair is trading a narrow range on the day, Doji formation seen on the day till now. NZD/JPY holding strong trendline support at 73.75, break below will...
FxWirePro: GBP/USD trades weak on renewed Brexit fears, good to sell on rallies
Jun 06, 2016 06:42 am UTC| Technicals
Cable trades below major support of 1.4400 on renewed Brexit fears. It is currently trading at 1.4386. According to Brexit poll conducted by YouGov recently shows a lead for Brexit. The poll was based on Wed-Friday...
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