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FxWirePro: USD/CAD faces trend line support at 1.3130, good to buy on dips

Oct 12, 2016 10:51 am UTC| Technicals

Major Resistance- 1.3320 (trend line joining 1.32481 and 1.32809). Major support 1.3175 (10- day MA). Loonie has taken support near trend line support at 1.3130 and started to jump from that level. The pair...

FxWirePro: Sell DAX30 below 10550

Oct 12, 2016 10:42 am UTC| Technicals

Major intraday resistance- 10612 (21- HMA). Major Support -10520 (200- HMA). DAX has slightly recovered from the low of 10546 made yesterday. But its upside is capped by21- HMA and any break above 10615 will take...

FxWirePro: Thai baht falls more than 1 pct; hits lowest level since late January

Oct 12, 2016 08:35 am UTC| Technicals

USD/THB is currently trading around 35.68 marks. It made intraday high at 35.90 and low at 35.32 marks. Intraday bias remains bullish for the moment. On the top side key resistances are seen at 35.90, 36.05,...

FxWirePro: EUR/USD forms Bullish Gartley Pattern, good to buy on dips

Oct 12, 2016 07:35 am UTC| Technicals

Harmonic pattern formed- Bullish Gartley pattern. Potential Reversal Zone (PRZ)-1.0900 EUR/USD has formed Bullish Gartely pattern in the daily chart. The pair has broken major support at 1.1045 and declined till...

FxWirePro: USD/CNY jumps above 6.72 mark, PBOC sets yuan mid-point at 6.7258

Oct 12, 2016 07:14 am UTC| Technicals

USD/CNY is currently trading around 6.7191 marks. It made intraday high at 6.7273 and low at 6.7151 levels. Intraday bias remains bullish till the time pair holds key support at 6.6820 marks. On the top...

FxWirePro: AUD/NZD breaks major resistance at 1.066 levels, good to go long on dips

Oct 12, 2016 07:08 am UTC| Technicals

AUD/NZD has broken major resistance at 1.066 levels (38.2% Fib, major trendline). Technical studies are bullish, MACD and Stochs are biased higher. Some caution advised as Stochs are in extreme overbought...

FxWirePro: USD/TRY hovers around 3.08 mark, Turkey’s current account balance in focus

Oct 12, 2016 06:45 am UTC| Technicals

USD/TRY is currently trading at 3.0785 levels. It made intraday high at 3.0847 and low at 3.0767 levels. Intraday bias remains bullish for the moment till the time pair holds key support at 3.0678...

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