FxWirePro: EUR/USD gains some upside momentum but still bearish
Sep 06, 2016 13:35 pm UTC| Technicals
The EUR /USD pair fell as low as 1.1139 during the early European session, however the pair inched up slightly to trade at 1.1163 after finding minor support at 1.1139. The ongoing weakness is set to continue for this...
Sep 06, 2016 12:26 pm UTC| Technicals
Majorresistance-1.1180 (55- day EMA). Thepairhasmadeslight jump above 55- day EMA and started to decline from that level....
FxWirePro:EUR/USD struggles to close above 55-day EMA, good to sell on rallies
Sep 06, 2016 11:41 am UTC| Technicals
Majorresistance-1.1180 (55- day EMA). Thepairhasmadeslight jump above 55- day EMA and started to decline from that level....
FxWirePro: FTSE100 forms temporary top around 6950, good to sell on rallies
Sep 06, 2016 09:25 am UTC| Technicals
Majorresistance6956(Aug 15th 2016 high). Majorsupport6693(50- day MA). Theindexhasretreatedfromthehighof6923 made yesterday.Itiscurrentlytradingaround6865. FTSE100isfacingstrongresistanceat6950. Any break...
FxWirePro: USD/CNY hovers around 6.68 mark, PBOC sets yuan mid-point at 6.6676
Sep 06, 2016 08:38 am UTC| Technicals
USD/CNY is currently trading around 6.6780 marks. It made intraday high at 6.6870 and low at 6.6760 levels. Intraday bias remains bullish till the time pair holds key support at 6.6702 marks. On the top...
FxWirePro: USD/TRY hovers around 2.94 mark; stay bearish
Sep 06, 2016 07:45 am UTC| Technicals
USD/TRY is currently trading at 2.9415 levels. It made intraday high at 2.9480 and low at 2.9406 levels. Intraday bias remains bearish till the time pair holds key resistance at 2.9661 marks. A sustained...
FxWirePro: GBP/USD declines after making a high of 1.3375, good to buy on dips
Sep 06, 2016 07:39 am UTC| Technicals
Major resistance- 1.3375 (Sep 5th high). Major support - 1.3240 (3- day EMA). Cable has declined till 1.32882 after making a high of 1.3375. It is currently trading around 1.33473. Any break above 1.3375...
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