
FxWirePro:EUR/USD faces strong support at 1.04600, good to sell on rallies
Dec 15, 2016 12:11 pm UTC| Technicals
Major resistance- 1.0578 (3- day EMA). Major support 1.0500 EUR/USD breaks major support at 1.0500 after Fed hiked interest rates by 25bpbs. It is currently trading around 1.04885. The pair traded at fresh...

FxWirePro: DAX30 breaks 161.8% fibo level, good to buy on dips
Dec 15, 2016 09:19 am UTC| Technicals
Major Resistance- 11327 (161.8% retracement of 10830 and 10025) Major support 10485 (trend line joining 9302 and 10200) The index jumped slightly above 11327 today European session after Fed hiked interest rates...

FxWirePro: USD/ZAR hits fresh 2-week high at 14.08, bias remains bullish
Dec 15, 2016 08:23 am UTC| Technicals
USD/ZAR is currently trading around 14.06 levels. It made intraday high at 14.09 and low at 13.91 levels. Intraday bias remains slightly bullish till the time pair holds key support at 13.96 marks. A...

USD/CHF trades well above 1.02135, jump till 1.0328 is possible
Dec 15, 2016 07:31 am UTC| Technicals
Major resistance 1.03284 (Nov 27th 2016 high). Major support -1.00780 USD/CHF trades higher and breaks major resistance at 1.02135 after Fed hiked interest rates by 25bpbs. Fed hiked interest rate first...

FxWirePro: EUR/GBP on track to test 200-DMA, stay short
Dec 15, 2016 07:28 am UTC| Technicals
EUR/GBP trades with a bearish bias, momentum studies are biased lower. Pair on track to test 200-DMA at 0.8305, violation at 200-DMA could drag the pair to 0.8078 (50% Fib). Support levels - 0.8348 (38.2% Fib),...

FxWirePro: XAG/USD breaks key support at $17.65 mark, good to sell on rallies
Dec 15, 2016 07:27 am UTC| Technicals
XAG/USD is currently trading around $16.72 marks. It made intraday high at $16.92 and low at $16.58 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.02 levels. A daily...

FxWirePro: USD/INR hits fresh weekly high after U.S. rate decision, faces strong resistance at 67.96
Dec 15, 2016 06:50 am UTC| Technicals
USD/INR is currently trading around 67.75 marks. It made intraday high at 67.90 and low at 67.64 marks. Intraday bias remains bullish till the time pair holds key support at 67.50 mark. Key resistances are...