
Sep 20, 2016 10:02 am UTC| Technicals
Thedollar has begun the trading weeks extended gains, as the pair rejects the resistance at 1.1213 levels (it has tested resistance several times in the past). Despite attempts of upswings 21DMA acting as stiff...

FxWirePro: Cable upside capped by 23.6% retracement, good to sell on rallies
Sep 20, 2016 08:38 am UTC| Technicals
Major resistance- 1.30905 (23.6% retracement of 1.34450 and 1.29940). Major support -1.29940 (16th Sep low). Cable has declined sharply after jumping till 1.30910. It is currently trading around...

FTSE100 trades slightly above 21- day MA, jump till 6950 likely
Sep 20, 2016 07:42 am UTC| Technicals
Majorresistance6798 (21- day MA). Majorsupport6700 (55- day EMA). Theindexhasbroken major resistance at 21- day MA at 6798 and jumped till 6822 at the time of writing...

FxWirePro: NZD/USD break above 20-DMA, close above raises scope for upside
Sep 20, 2016 07:21 am UTC| Technicals
NZD/USD benefitting from weaker sentiment surrounding the greenback on diminishing hopes of a Fed rate hike action on Wednesday The pair has broken above 20-DMA at 0.7305, we see scope for further gains. Major...

FxWirePro: USD/TRY remains well supported below 2.98 mark, bias remains neutral
Sep 20, 2016 07:16 am UTC| Technicals
USD/TRY is currently trading at 2.9741 levels. It made intraday high at 2.9784 and low at 2.9734 levels. Intraday bias remains neutral for the moment. Key resistances are seen at 2.9815, 2.9856, 2.9977,...

Sep 20, 2016 07:04 am UTC| Technicals
Technical roundup: We could foresee weakness in CADJPY when we consider the intermediate and long term trend of this pair. Prices consistently remain below DMAs, watch out for targets up to 76.718 as bears broken...

FxWirePro: AUD/JPY struggles at daily cloud, good to go short
Sep 20, 2016 06:37 am UTC| Technicals
Daily cloud caps upside in AUD/JPY upside, only break above to see further gains. The pair has found multiple rejections at cloud base currently at 77. Technical indicators on daily charts are inconclusive, but...