FxWirePro: CAD/JPY faces strong resistance at 85.50, good to sell on rallies
May 19, 2016 12:01 pm UTC| Technicals
Major resistance 85 (200 day 4H MA) Major intraday support 83.60 CAD/JPY has retreated after making a high of 85.02 yesterday. It is currently trading around 83.86. The pair has broken major short term...
May 19, 2016 11:42 am UTC| Technicals
Major resistance- 95.20 (Apr 14th 2016) Major support 94.10 (21 day MA) US Dollar index has surged overnight on the modestly hawkish FOMC minutes increased hopes of rate hike in June. Fed fund futures shows...
FxWirePro: GBP/USD trades above 1.4600 on fading Brexit, good to buy at dips
May 19, 2016 09:55 am UTC| Technicals
Major resistance- 1.4600 Major support 1.4550 (resistance turned into Support) Cable has surged drastically yesterday till 1.46345 after a poll showed more supporters favouring UK to stay in the EU. Cable...
FxWirePro: BTC/USD trades neutral, good to stay away till further confirmation
May 19, 2016 09:41 am UTC| Technicals
Major resistance -$470 (Apr 26th 2016) Major support - $435 BTC/USD is consolidating in narrow range between $470 and $435 for the past 15 trading session. It is currently trading around $449. Overall trend...
FxWirePro: GBP/USD trades above 1.4600 on fading Brexit, good to buy at dips
May 19, 2016 08:49 am UTC| Technicals
Major resistance- 9975 (55 day EMA) Major support -9750 DAX has made a high of 9963 and started to decline from that level. It is currently trading around 9845. Short term trend is weak as long as resistance...
FxWirePro: Silver hits fresh monthly low at $16.60, faces strong support at $16.15
May 19, 2016 08:27 am UTC| Technicals
XAG/USD is currently trading around $16.68 marks. It made intraday high at $16.90 and low at $16.60 levels. Intraday bias remains bearish for the moment. A daily close below $16.60 will take the parity down...
FxWirePro: EUR/SEK fails to sustain below 9.35, downside limited
May 19, 2016 07:33 am UTC| Technicals
EUR/SEK is currently trading around 9.3532 levels. It made intraday high at 9.3714 and low at 9.3530 levels. Intraday bias remains bearish for the moment. A sustained break above 9.37 tests key resistances...
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