FxWirePro: BTC/USD trades in narrow range, good to buy at dips
May 10, 2016 08:52 am UTC| Technicals
Major resistance -$470 (Apr 26th 2016) BTC/USD has retreated after making a high of $464.79.It is currently trading around $460.68. Short term trend is bullish as long as support $435 holds The pairs major...
FxWirePro: Gold trading in narrow range, good to buy above $1268
May 10, 2016 07:52 am UTC| Technicals
XAU/USD is currently trading around $1266 mark. It made intraday high at $1267 and low at $1259 levels. Intraday bias remains bullish till the time pair holds immediate support at $1258 marks. A daily close...
FxWirePro: DXY faces strong support at 93,good to buy at dips
May 10, 2016 07:40 am UTC| Technicals
Major resistance- 94.13 (21 day MA) US dollar index has recovered from the low of 93.80 yesterday and closed near to its high (94.20) around 94.15. It is currently trading around 94.04. Short term trend is...
FxWirePro: USD/CHF faces strong support at 0.9630, good to buy at dips
May 10, 2016 07:04 am UTC| Technicals
Major resistance- 0.9800 Major intraday resistance 0.9735 Major support 0.9630 USD/CHF has declined till 0.9684 yesterday and pared its losses in US session. It is currently trading around...
FxWirePro: Chinese Yuan falls as China’s CPI remains stable in April
May 10, 2016 06:46 am UTC| Technicals
USD/CNY is currently trading around 6.5198 marks. It made intraday high at 6.5224 and low at 6.5140 levels. The CPI rose 2.3% year-on-year in April, in line with market forecasts and unchanged for the third...
GBP/JPY breaks major resistance, jump till 158.50 is possible
May 10, 2016 05:52 am UTC| Technicals
Major resistance- 156.71 (21 day MA) Major support - 155.85 (7 day EMA) The pair has been consolidating between 156.66 and 153.63 for the past six trading session. GBP/JPY has violated above 156.71 (21 day MA)...
May 10, 2016 05:48 am UTC| Technicals
Earlier USD/JPY TARGETS ACHIEVED, stay focused to enter better entry points for short near month futures again. Refer below link for our previous write up on this...
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