
EUR/USD breaks major support at 200- day MA, decline till 1.1045 likely
Oct 04, 2016 10:06 am UTC| Technicals
Major support 1.1160 (200- day MA). Major resistance 1.1250 (Sep 30th high). The pair pared its gains from the high of 1.12507 made on Friday. It has broken the pschycological level of 1.1200 today morning and...

FxWirePro: EUR/SEK hovers around 9.60 mark, faces key support at 9.5911
Oct 04, 2016 08:35 am UTC| Technicals
EUR/SEK is currently trading around 9.6001 levels. It made intraday high at 9.6128 and low at 9.5938 levels. Intraday bias remains neutral till the time pair holds key support at 9.5911 levels. A daily close...

FTSE100 trades above 7000 level, jump till 7300 likely
Oct 04, 2016 08:04 am UTC| Technicals
Major resistance- 7000 (PschycPsychological). Major support 6880 (9 day EMA). The index breaks major pschycological level 7000 and jumped sharply till 7039 at the time of writing. Any break above 7000 confirms...

FxWirePro: USD/ZAR remains well supported above 13.50 mark, bias remains neutral
Oct 04, 2016 07:36 am UTC| Technicals
USD/ZAR is currently trading around 13.65 levels. It made intraday high at 13.67 and low at 13.57 levels. Intraday bias remains neutral till the time pair holds key support at 13.50 marks. A daily close...

Oct 04, 2016 07:33 am UTC| Technicals
Despite the current bearish swings, we reckon bulls have theupper hand and more chances to rise as they managed to break out above the stiff resistance at 0.7650 and now acting the same level as strong...

FxWirePro: NZD/JPY intraday bias higher, good to go long on dips
Oct 04, 2016 07:18 am UTC| Technicals
NZD/JPY break major resistance 100-DMA 74.01 and 20-DMA at 74.16, intraday bias higher. Technicals on daily charts support upside, pair on track to test 200-DMA at 75.04. RSI stochs are biased higher, bullish...

FxWirePro: GBP/JPY faces strong trend line resistance at 132.10, good to sell on rallies
Oct 04, 2016 07:05 am UTC| Technicals
Major resistance- 132.10 (trend line joining 133.26 and 132.43). Major support 129.80 (trend line joining 129.06 and 129.62). GBP/JPY has pared its losses from its lower level yesterday. It is currently trading...