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...
FxWirePro: Kiwi erases previous gain against Aussie, remains well supported above 1.08
May 10, 2016 05:42 am UTC| Technicals
AUD/NZD is trading around 1.0870 marks. Pair made intraday high at 1.0872 and low at 1.0795 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0833 marks. A daily close...
FxWirePro: Japanese Yen hits fresh weekly low against US dollar, intraday bias remains bullish
May 10, 2016 04:26 am UTC| Technicals
USD/JPY is currently trading around 108.72 marks. It made intraday high at 108.82 and low at 108.27 levels. Intraday bias remains bullish for the moment. A daily close below 108.20 will drag the parity down...
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