FxWirePro: AUD/CAD rejected at highs by 0.9628, bias lower, good to sell rallies
Jun 28, 2016 09:25 am UTC| Technicals
AUD/CAD is extending downside from 2-month highs of 0.9745 hit on Friday (0.9746 is 50% Fib retrace of Dec 2015 to May 2016 fall). On the day, the pair was rejected at highs by 0.9628 and is currently trading around...
Jun 28, 2016 08:22 am UTC| Technicals
Major intraday resistance -2010 (Hourly Kijun-Sen) Major intraday support- 2000 Pattern Formed (Hourly chart)- Bullish divergence (CCI (50) and RSI (14). The index has recovered after making a low of 1989....
Jun 28, 2016 08:20 am UTC| Technicals
Major intraday resistance- 9370 (trend line joining 9718 and 9592) Minor intraday support -9305 (Hourly Tenkan-Sen) The index has broken major intraday resistance 9370 and jumped till 9454 at the time of writing....
Jun 28, 2016 07:51 am UTC| Technicals
After two days of crazily spiked bulls seems to have given up the momentum from the last couple of trading sessions. On intraday charts, the pair has formed back to back shooting star and hanging man patterns at 9.4498...
FxWirePro: South African rand remains well supported above 15.05 mark, down side limited
Jun 28, 2016 07:43 am UTC| Technicals
USD/ZAR is currently trading around 15.20 levels. It made intraday high at 15.45 and low at 15.15 levels. Intraday bias remains bullish till the time pair holds key support at 15.05 marks. A daily close...
FxWirePro: EUR/GBP snaps two consecutive sessions of gains, EU Summit in focus
Jun 28, 2016 07:23 am UTC| Technicals
Pick up in the demand for the British pound seen in the Asian session today, EUR/GBP snapped two consecutive sessions of gains. The pair faded yesterdays spike to fresh highs above 0.8379, slipped lower to currently...
FxWirePro: AUD/USD struggles at the 0.74 handle, further gains only on decisive break above
Jun 28, 2016 07:01 am UTC| Technicals
AUD/USD stalled its overnight downslide well ahead of 200-DMA support located at 0.7304. Risk-on remains in full swing as Brexit concerns take a back seat, the pair is extending upside on the day fuelled by a solid...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects