
FxWirePro: US Dollar Index upside capped by 55- day EMA, good to buy on dips
Apr 05, 2017 13:19 pm UTC| Technicals
Major support 98.86 (61.8% retracement of 95.89 and 103.82). Major resistance 100.70 (55- day EMA). DXY recovered slightly till 100.73 after making a low of 100.25. It is currently trading around...

Apr 05, 2017 12:46 pm UTC| Technicals
In an interim uptrend, gold prices have almost retraced upto 61.8% from the lows of 1046.54 to the recent highs of 1261.25 levels in the consolidation phase, but for, this Fibonacci level has acted as a stiff resistance...

Apr 05, 2017 12:18 pm UTC| Technicals
Major resistance 1.00377 (61.8% retracement of 1.0170 and 0.98136). The pair is trading in narrow range between 0.99943 and 1.00375 for the past three trading days. It is currently trading around 1.00375. The...

FxWirePro: EURUSD faces strong resistance at 1.0706, break above targets 1.0800
Apr 05, 2017 12:07 pm UTC| Technicals
Major support 1.06365 (Trend line joining 1.04971 and 1.05250). Major intraday resistance 1.0706 (21- day EMA). Pattern formed Bullish Divergence (RSIMACD). EUR/USD shown a slight jump after declining...

USD/CHF upside capped by 61.8% retracement, good to buy on dips
Apr 05, 2017 09:48 am UTC| Technicals
Major resistance 1.00377 (61.8% retracement of 1.0170 and 0.98136). The pair is trading in narrow range between 0.99943 and 1.00375 for the past three trading days. It is currently trading around 1.00275. The...

FxWirePro: EUR/JPY finds major support at 117.50, good to go short on break below
Apr 05, 2017 08:56 am UTC| Technicals
EUR/JPY upside stalled shy of 5-DMA at 118.56, the pair has retreated from session tops to currently trade around 118.20 region. A downward revision of the final Euro-zone services PMI prints for March further weighed...

FxWirePro: Swedish krona gains after mixed economic data from Sweden
Apr 05, 2017 08:18 am UTC| Technicals
EUR/SEK is currently trading around 9.5753 levels. It made intraday high at 9.6129 and low at 9.5730 levels. Intraday bias remains bearish for the moment. A sustained close above 9.6099 tests key resistances...