
FxWirePro: FTSE100 trades slightly above major resistance, good to buy on dips
Oct 03, 2016 09:29 am UTC| Technicals
Major resistance- 6956 (Aug 15th 2016 high). Major support 6793 (daily Kijun-Sen). The index has once again recovered sharply from the low of 6809 made on Friday. It has also broken the major resistance 6956 the...

FxWirePro: EUR/NOK hits fresh 15-month low at 8.9297, consistent break below targets 9.9178
Oct 03, 2016 08:25 am UTC| Technicals
EUR/NOK is currently trading at 8.9517 levels. It made intraday high at 8.9888 and low at 8.9466 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.0461 marks. A sustained...

FxWirePro: Turkish lira falls after lower than expected CPI data
Oct 03, 2016 07:17 am UTC| Technicals
USD/TRY is currently trading at 3.0075 levels. It made intraday high at 3.0087 and low at 2.9988 levels. Intraday bias remains bullish for the moment till the time pair holds key support at 2.9932...

FxWirePro: GBP/USD trades lower on Theresa May signals Hard Brexit, good to sell on rallies
Oct 03, 2016 07:17 am UTC| Technicals
Sterling breaks the low made on Sep 23rd after Prime Minister Theresa May said theUK will trigger Article 50 before the end of March 2017. This shows that U.K will officially leave the EU in Apr 2019. GBP/USD has...

FxWirePro: AUD/JPY finds major trendline resistance at 77.95, good to long break above
Oct 03, 2016 06:43 am UTC| Technicals
AUD/JPY was rejected at major trendline resistance on Friday. Pair holds gains above 20-DMA at 77.17, which is now strong support on the downside. Technicals on daily charts support further gains, break above...

Oct 03, 2016 06:40 am UTC| Technicals
Ever since AUDJPY tested support at 76.075 levels, the swings have gone in whipsaws pattern, considering the previous declining trend, the price has spiked above DMAs on thedaily chart. The current upswing sentiments...

FxWirePro: GBP/JPY struggles to close above 132 level, good to sell on rallies
Oct 03, 2016 06:38 am UTC| Technicals
Pattern formed double bottom Major resistance 132.45 (23.6% retracement of 143.23 and 129.06). The pair has recovered sharply after declining till 130.43 on Friday. GBP/JPY jumped till 131.95 and once again...