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FxWirePro: South African rand strengthens against U.S. dollar, consistent break below 13.54 targets 13.19

Sep 23, 2016 07:21 am UTC| Technicals

USD/ZAR is currently trading around 13.53 levels. It made intraday high at 13.67 and low at 13.53 levels. Intraday bias remains bearish till the time pair holds major resistance at 13.94 levels. A daily...

FxWirepro:USD/CAD takes support near 1.3000 level, good to sell on rallies

Sep 23, 2016 07:18 am UTC| Technicals

Major resistance- 1.3125 (daily Tenken-Sen). Major support - 1.3043 (hourly Kijun-Sen). Lonnie has taken support near psychological support at 1.30000 and slightly recovered till 1.30750. The major intraday...

FxWirePro: EUR/NOK hits fresh 13-month low at 9.0877 after Norges bank rate decision; stay bearish

Sep 23, 2016 06:37 am UTC| Technicals

EUR/NOK is currently trading at 9.1096 levels. It made intraday high at 9.1179 and low at 9.1070 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.1475 marks. A sustained...

FxWirePro: GBP/JPY faces strong resistance at 9-d ay EMA, good to sell on rallies

Sep 23, 2016 06:36 am UTC| Technicals

Major support 129.06 (Aug 15th 2016 low). Major resistance 133.05 (9- day EMA). GBP/JPY has pared its gains after making a high of 132.26 yesterday. It is currently trading around 131.53. The pair...

FxWirePro: EUR/GBP struggles at major resistance at 0.8610, upside only on break above

Sep 23, 2016 06:34 am UTC| Technicals

EUR/GBP struggles to clear major trendline resistance at 0.8620 on Thursdays trade. Intraday bias for the pair is higher, momentum studies are bullish, RSI strength at 60 with scope for further upside. The single...

FxWirePro: AUD/NZD upside pauses at major trendline resistance at 1.05, bias higher, stay long

Sep 23, 2016 06:02 am UTC| Technicals

AUD/NZD upside pauses gains at major trendline resistance at 1.05. Kiwi bears relentless amid broad based US dollar rebound and weaker commodities, particularly oil. Momentum studies in the pair are bullish,...

FXWirePro: Gold upside capped by Ichimoku cloud, good to buy on dips

Sep 23, 2016 05:44 am UTC| Technicals

Major Support - $1329.35 (daily Kijun-Sen) Major intraday resistance -$1343 (61.8% retracement of $1367.30 and $1302.50, Ichimoku cloud) The yellow metals two-day stalls at $1340. Gold has seen a slight profit...

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Technology

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