EUR/USD faces strong resistance at 1.1263, break above targets 1.1366
Sep 07, 2016 07:57 am UTC| Technicals
Major resistance- 1.12630 (50% retracement of 1.16163 and 1.09115). Major support 1.1200 (100- day MA). EUR/USD has slightly retreated after making a high of 1.12650. It is currently trading around...
FxWirePro: AUD/USD breaks major trendline resistance at 0.7640, good to long dips
Sep 07, 2016 07:25 am UTC| Technicals
In line Australia GBP data along with higher commodities prices, especially oil and copper to keep Aussie supported. RBA left the cash rate unchanged at a record low of 1.5% earlier today. Downside remains cushioned...
FxWirePro: USD/CNY falls below 6.67 mark, PBOC sets yuan mid-point at 6.6555
Sep 07, 2016 07:24 am UTC| Technicals
USD/CNY is currently trading around 6.6646 marks. It made intraday high at 6.6722 and low at 6.6217 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.6805 marks. On the top...
GBP/JPY faces strong support at 9-day EMA, break below targets 135/134
Sep 07, 2016 06:53 am UTC| Technicals
Major support 135.80 (9- day EMA). Major resistance 136.53 (23.6% retracement of 138.83 and 135.82). GBP/JPY has broken major support at 136.25 and declined till 135.82 at the time of writing. It is currently...
FxWirePro: USD/ZAR hits fresh 2-week low at 13.91; stay bearish
Sep 07, 2016 06:49 am UTC| Technicals
USD/ZAR is currently trading around 13.97 levels. It made intraday high at 14.00 and low at 13.91 levels. Intraday bias remains bearish till the time pair holds major resistance at 14.17 levels. A daily...
FxWirePro: EUR/JPY edges higher from session lows at 113.81, bias lower, good to sell rallies
Sep 07, 2016 06:19 am UTC| Technicals
EUR/JPY extending downside from brief break above 55-EMA (currently at 115.37). Intraday bias lower, Stoch and RSI biased south. German industrial production data missed forecasts, dipped from previous 0.5% to...
FxWirePro: Swedish krona erases previous gain against U.S. dollar, bias turns bullish again
Sep 07, 2016 06:07 am UTC| Technicals
EUR/SEK is currently trading around 9.5346 levels. It made intraday high at 9.5372 and low at 9.5110 levels. Intraday bias remains bullish till the time pair holds key support at 9.5100 marks. A daily close...
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