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FxWirePro: USD/TRY rejects key support at 2.9647, good to buy on dips

Sep 16, 2016 07:55 am UTC| Technicals

USD/TRY is currently trading at 2.9709 levels. It made intraday high at 2.9724 and low at 2.9647 levels. Intraday bias remains bullish till the time pair holds key support at 2.9647. Key resistances are seen...

FxWirePro: FTSE100 struggles to close above 9- day EMA, good to sell on rallies

Sep 16, 2016 07:38 am UTC| Technicals

Majorresistance6757 (9- day EMA). Majorsupport6610 (Aug 8th 2016 low). Theindexhasrecovered sharply from the low of6647 made yesterday.Itiscurrentlytradingaround6727. FTSE100upside has been capped by 9-day...

FxWirePro: EUR/JPY intraday bias lower, short rallies, target 114.20

Sep 16, 2016 06:54 am UTC| Technicals

EUR/JPY is attempting a tepid recovery from session lows at 114.43. Intraday bias lower, upside capped by 5-DMA at 114.82. We see scope for test of 114.20 (major trendline support). Further weakness only on...

FxWirePro: GBP/JPY upside capped by 10- day MA, good to sell on rallies

Sep 16, 2016 06:44 am UTC| Technicals

Major support 134.60 (21- day MA). Major resistance 136.25 (10- day MA). GBP/JPY has once again declined sharply after making a high of 136.13. It is currently trading around 135. The pair has taken...

FxWirePro: EUR/SEK steady at 9.5340 mark, bias highly neutral

Sep 16, 2016 06:35 am UTC| Technicals

EUR/SEK is currently trading around 9.5340 levels. It made intraday high at 9.5378 and low at 9.5326 levels. Intraday bias remains neutral till the time pair holds key support at 9.5256 levels. A daily...

FxWirePro: EUR/AUD rejected at 200-DMA, lacks clear directional bias

Sep 16, 2016 06:18 am UTC| Technicals

EUR/AUD faced rejection at 200-DMA at 1.5065, trades largely unchanged on the day. The pair has cleared slipped below 100-DMA at 1.4979, we see no clear directional bias. Weekly charts are bullish. Stochs, RSI...

FxWirePro: South African rand gains in early hours of Asia, stabilizes at key support 14.20

Sep 16, 2016 06:11 am UTC| Technicals

USD/ZAR is currently trading around 14.21 levels. It made intraday high at 14.26 and low at 14.15 levels. Intraday bias remains bearish till the time pair holds major resistance at 14.39 levels. A daily...

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