FxWirePro: USD/JPY maintains bullish bias with focus on 105.00 levels
Oct 18, 2016 14:07 pm UTC| Technicals
USD/JPY rose on Tuesday as dollar rallied across the board after U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged,reinforcing expectations that Federal...

Oct 18, 2016 12:53 pm UTC| Technicals
Major resistance- 0.7600 (Apr 21st high). Major support 0.7520 (23.6% retracement of 0.7280 and 0.75988). The pair is facing strong resistance at 0.7600 and any break above 0.76000 confirms major trend reversal....

AUD/CHF faces strong resistance at 0.7600, break above targets 0.7750/0.7770
Oct 18, 2016 11:53 am UTC| Technicals
Major resistance- 0.7600 (Apr 21st high). Major support 0.7520 (23.6% retracement of 0.7280 and 0.75988). The pair is facing strong resistance at 0.7600 and any break above 0.76000 confirms themajor trend...

FxWirePro: S&P500 upside capped by 10- day MA, good to buy on dips
Oct 18, 2016 10:15 am UTC| Technicals
Major resistance- 2150 (10- day MA). Major support -2108 (Sep 12th 2016 low). The index formed a temporary bottom at 2112 and started to jump from that level. It is currently trading around 2137.70. SP500...

FxWirePro: CAD/JPY forms Gravestone Doji in the hourly chart, good to sell on rallies
Oct 18, 2016 09:58 am UTC| Technicals
Candlestick Pattern Formed- Gravestone Doji. CAD/JPY breaks major resistance at 100 day MA 79.30 and jumped till 79.66 at the time of writing. It is currently trading around 79.61. In the hourly chart, the pair...

Oct 18, 2016 09:54 am UTC| Technicals
On daily charts, last week the pair breaks major supports of 1.4515 (7DMA), and now at 1.4425 levels. For today, the failure swings at resistance 1.4425 (previous supports) may evidence more slumps. On broader...

FxWirePro: USD/TRY stable at 3.09 mark, good to sell on rallies
Oct 18, 2016 08:14 am UTC| Technicals
USD/TRY is currently trading at 3.0904 levels. It made intraday high at 3.0957 and low at 3.0883 levels. Intraday bias remains bearish for the moment till the time pair holds key resistance at 3.1176...