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FxWirePro: USD/CHF trades lightly above 61.8% fibo, target 1.00950/1.01700

Apr 06, 2017 10:02 am UTC| Technicals

Major resistance 1.00377 (61.8% retracement of 1.0170 and 0.98136). The pair broken major resistance of 1.00375 and jumped till 1.00767 yesterday. It is currently trading around 1.0044. The pair has closed well...

FxWirePro: AUD/JPY edges higher from session lows at 83.14, bias lower, stay short

Apr 06, 2017 09:11 am UTC| Technicals

AUD/JPY has broken below major trendline support at 83.75. A close below will accentuate weakness. Scope then for test of 200-DMA at 81.80. Bearish invalidation only on close above 5-DMA at 84.06 Data released...

FxWireProCAD/JPY trades weak, close below 200- day confirms further weakness

Apr 06, 2017 08:50 am UTC| Technicals

CAD/JPY is showing a continuous selling after forming top around 88.92on Dec 15th 2016. The pair declined till 82.01. The major support is around 200- day MA at 82 and any close below will drag the pair till 80.21...

FxWirePro: Swedish krona erases previous gain against euro, bias remains neutral

Apr 06, 2017 08:15 am UTC| Technicals

EUR/SEK is currently trading around 9.5865 levels. It made intraday high at 9.5919and low at 9.5662 levels. Intraday bias remains neutral for the moment. A sustained close above 9.5804 tests key resistances...

FxWirePro: No traces of CAD/JPY bulls, both major and minor bearish trend slide in sloping channels – Construct tunnel spreads for leveraged speculation

Apr 06, 2017 07:31 am UTC| Technicals

CADJPY forms triple top in sloping channel on daily terms, interim bulls in major trend restrained at stiff resistance at 88.919 levels (refer monthly chart). On daily terms, the pair has formed triple top pattern with...

FxWirePro: XAG/USD rejects key resistance at $18.32 mark, good to sell on rallies

Apr 06, 2017 07:11 am UTC| Technicals

XAG/USD is currently trading around $18.20 marks. It made intraday high at $18.32 and low at $18.19 levels. Intraday bias remains bearish till the time pair holds key resistance at $18.32 mark. A daily close...

FxWirePro: USD/ZAR fails to stabilize below 13.50 mark, bias turns bullish again

Apr 06, 2017 06:46 am UTC| Technicals

USD/ZAR is currently trading around 13.83 levels. It made intraday high at 13.85 and low at 13.73 levels. Intraday bias remains bullish till the time pair holds key support at 13.79 marks. A daily close...

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