USD/CAD faces strong resistance at 1.2965, break above targets 1.3035
Aug 25, 2016 12:11 pm UTC| Technicals
Major resistance 1.2965 (Aug 22nd high). Major support 1.2887 (200 HMA). Lonnie formed a double top around 1.2965 and declined from that level. It is currently trading around 1.29160. USD/CAD has shown a...
Aug 25, 2016 11:52 am UTC| Technicals
After bulls losing momentum in the pair went in whipsaws pattern sensing strong support at 0.9661 levels (on 4H charts). Price has begun sliding below 7DMAs after this whipsaw pattern at thestrong support of 0.9661...
FxWirePro: AUD/CHF faces resistance at trend line, good to buy on dips
Aug 25, 2016 09:44 am UTC| Technicals
Major Intraday support - 0.7325 (trend line joining 0.72770 and 0.7315). Major resistance- 0.73865 AUD/CHF has retreated after hitting trend line resistance. It is currently trading at 0.7356. In the hourly...
FxWirePro: AUD/CAD finds major support by 50-DMA at 0.9812, weakness only on break below
Aug 25, 2016 09:17 am UTC| Technicals
AUD/CAD price action was rejected at session highs by 0.9868, pair currently trades around 0.9845 levels. Downside finds major support by 50-DMA at 0.9812, we see weakness only on break below. Momentum studies...
Aug 25, 2016 08:44 am UTC| Technicals
Major resistance- 133.30. Major support 131.95 (9-day EMA). The pair formed a double top around 133.30 and declined from that level. It is currently trading around 132.66. Minor trend is slightly bullish as...
FxWirePro: EUR/CAD hovers around 20-day MA, go short if German Ifo surprisingly bearish
Aug 25, 2016 07:44 am UTC| Technicals
EUR/CAD hovers around 20-day MA at 1.4557, intraday bias lower. Upside finds stiff trendline resistance at 1.4650, pair rejected multiple times at trendline. Some weakness is seen on intraday charts, markets...
FxWirePro: EUR/JPY capped below 10-day MA, trades an extremely narrow range
Aug 25, 2016 07:11 am UTC| Technicals
The single currency remains under pressure ahead of German Ifo business climate data. EUR/JPY is extending narrow rangebound trade within a symmetric triangle pattern. 114.15 and 112.80 are pivotal points,...
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