FxWirePro: USD/TRY almost flat around 2.95 mark, sustained break above 2.9605 targets 2.9977
Aug 30, 2016 08:20 am UTC| Technicals
USD/TRY is currently trading at 2.9561 levels. It made intraday high at 2.9605 and low at 2.9483 levels. Intraday bias remains bullish till the time pair holds key support at 2.9239 marks. A sustained close...
USD/CAD trades well above 200-4H MA, targets 1.3147
Aug 30, 2016 07:37 am UTC| Technicals
Major resistance- 1.3020 (200- 4H MA). Major support -1.3000 (4H Tenken-Sen). Loonie has broken major resistance 1.3020 and jumped till 1.30474 yesterday. It is currently trading around 1.30375. Short term...
FxWirePro: China's yuan stabilises above 6.67 mark, PBOC sets yuan mid-point at 6.6812
Aug 30, 2016 07:18 am UTC| Technicals
USD/CNY is currently trading around 6.6779 marks. It made intraday high at 6.6809 and low at 6.6748 levels. Intraday bias remains bullish till the time pair holds key support at 6.6670 marks. On the top...
Aug 30, 2016 06:47 am UTC| Technicals
Despite yesterdays price jump and attempts of upswings during early trade sessions todaybears resume near 7DMA pushing southwards. So, we urge not to get overestimated for dramatic spikes. The failure swings at major...
FxWirePro: EUR/JPY capped below 50-day MA, break above needed for further upside
Aug 30, 2016 06:41 am UTC| Technicals
EUR/JPY unable to hold gains above 50-day MA on Mondays trade. Price action capped below 50-day MA today as we head into the European session. Attention turns towards euro area inflation data with results from...
FxWirePro: South African rand weakens against USD, good to buy on dips
Aug 30, 2016 06:25 am UTC| Technicals
USD/ZAR is currently trading around 14.43 levels. It made intraday high at 14.45 and low at 14.39 levels. Intraday bias remains bullish till the time pair holds key support at 13.88 levels. A daily close...
FxWirePro: GBP/JPY upside capped by 7-W EMA, good to sell on rallies
Aug 30, 2016 06:12 am UTC| Technicals
Major resistance- 134.43 (7- W EMA). Major support 132.65 (3 W EMA). The pair jumped till 7 W EMA and declined from that level. It is currently trading around 133.59. Minor trend is weak as long as...
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