FxWirePro: Japanese yen appreciates in early Asia despite lower than expected cash earnings data
Sep 06, 2017 01:48 am UTC| Technicals
USD/JPY is currently trading around 108.65 marks. It made intraday high at 108.80 and low at 108.50 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 109.20 marks. A...
Sep 05, 2017 13:03 pm UTC| Technicals
GBP/JPY declined sharply and has broken major support 141.55 low made on Aug 31st 2017 after hitting high of 142.99 and any further bullishness can be seen only above 143.20. The JPY trades higher against all major pair...
FxWirePro: CHF/JPY upside capped by 61.8% fibo, good to sell on rallies
Sep 05, 2017 12:23 pm UTC| Technicals
Major support 113.90 CHJPY has slightly recovered till 114.73 after hitting low of 113.95 yesterday. Short term trend is still weak as long as resistance 115.38 holds. It is currently trading around 113.99. Any...
FxWirePro: DAX30 faces strong trend line resistance at 12215, good to sell on rallies
Sep 05, 2017 12:20 pm UTC| Technicals
Major support 11840. The index has formed a minor bottom at 11867 and jumped slightly from that level. DAX jumped till 12292 and is currently trading around 12151. On the higher side, minor jump can be seen if...
GBP/JPY breaks major support at 141.40, decline till 139.30 likely
Sep 05, 2017 11:44 am UTC| Technicals
GBP/JPY declined sharply and has broken major support 141.55 low made on Aug 31st 2017 after hitting high of 142.99 and any further bullishness can be seen only above 143.20. The JPY trades higher against all major pair...
Sep 05, 2017 10:58 am UTC| Technicals
AUD/USD up 0.46% on the day, holding gains after RBA left the official cash rate (OCR) unchanged at a record low of 1.50%, as widely expected. The pair tests major trendline resistance at 0.7985, breakout above could...
FxWirePro: EUR/USD consolidates in narrow range ahead of ECB, good to sell on rallies
Sep 05, 2017 10:50 am UTC| Technicals
EURUSD declined once again after showing a minor jump till 1.19221 yesterday. The pair is waiting for ECB meeting which is to be held on Sep 7th for further direction. It is currently trading around 1.19030. On the...
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