FxWirePro: USD/JPY remains bullish as rally continues
Nov 30, 2016 15:35 pm UTC| Technicals
USD/JPY inched higher in the US session as strong U.S. economic data buoyed the dollar and further cemented the case for hiking rates in December. U.S. private employers stepped up hiring in November much more than...
FxWirePro: EUR/USD dips below lower range, bearish bias increases
Nov 30, 2016 15:11 pm UTC| Technicals
EUR/USD pair declined sharply on Wednesday as the dollar was boosted by upbeat ADP employment data and on expectations that Federal Reserve will hike interest rate in December. U.S. private employers stepped up hiring...

Nov 30, 2016 13:34 pm UTC| Technicals
GBPAUD rallies have gone above 7SMA but remained well below 21SMA, for now, upside potential is seen only above 21DMA. In major trend, you could observe the dips of this pair have consistently been fallen below 21SMAon...

Nov 30, 2016 12:09 pm UTC| Technicals
Major intraday resistance- 1.0160 (trend line joining 1.01915 and 1.01850) Major intraday support -1.0110 (tend line joining 1.00794 and 1.01115) The pair jumped slightly 1.01580 at the time of writing after...

FxWirePro: USD/CHF faces strong resistance at 1.0195, good to buy on dips
Nov 30, 2016 10:56 am UTC| Technicals
Major intraday resistance- 1.0160 (trend line joining 1.01915 and 1.01850) Major intraday support -1.0110 (tend line joining 1.00794 and 1.01115) The pair jumped slightly 1.01580 at the time of writing after...

FxWirePro: FTSE100 takes support near trend line support, good to buy on dips
Nov 30, 2016 09:04 am UTC| Technicals
Major resistance- 7000 Major support - 6720 (trend line joining 5727 and 6609) The FTSE100 index has taken support near trend line and recovered sharply from that level. It is currently trading around...

FxWirePro: South African rand erases previous gain against U.S. dollar, stay bullish
Nov 30, 2016 07:52 am UTC| Technicals
USD/ZAR is currently trading around 13.92 levels. It made intraday high at 13.95 and low at 13.84 levels. Intraday bias remains bullish till the time pair holds key support at 13.70 marks. A daily close...