
Jul 26, 2016 12:12 pm UTC| Technicals
Major support 0.9850 (200 day MA) The pair has recovered sharply after making a low of 0.9835.It is currently trading around 0.98873. The pair is struggling to close below 200 day MA any weakness can be seen...

FxWirePro: USD/CHF struggles to close below 200 day MA, good to buy on dips
Jul 26, 2016 11:26 am UTC| Technicals
Major support 0.9850 (200 day MA) The pair has recovered sharply after making a low of 0.9835.It is currently trading around 0.98873. The pair is struggling to close below 200 day MA any weakness can be seen...

FxWirePro: US Dollar index faces strong resistance at 97.60, good to sell on rallies
Jul 26, 2016 10:51 am UTC| Technicals
Major resistance 97.60 (trend line joining 96.79 and 97.32). Major support - 96.70 The index has retreated after making a high of 97.45 yesterday. It is currently trading around 96.95. Short term trend is...

Jul 26, 2016 08:57 am UTC| Technicals
We could still foresee weakness in CADJPY when we consider the intermediate and long term trend of this pair. The downswings on weekly graphs have been consistently testing resistance at 21EMA. These downswings are...

Jul 26, 2016 08:57 am UTC| Technicals
Major resistance- 6760 (Jul 25th high). The index formed a temporary top around 6757 and started to decline from that level. It is currently trading around 6714. Short term trend is slightly weak as long as...

FxWirePro: USD/TRY fails to sustain below 3.02 mark, bias turns to bullish
Jul 26, 2016 08:18 am UTC| Technicals
USD/TRY is currently trading at 3.0292 levels. It made intraday high at 3.0392 and low at 3.0190 levels. Intraday bias remains slightly bullish till the time pair holds key support at 3.0190 marks. A sustain...

FxWirePro: Sell NZD/JPY rallies, bearish invalidation only above 20-DMA at 74.17
Jul 26, 2016 08:08 am UTC| Technicals
Data released earlier today showed a drop in the trade surplus. Fall in exports underscores weakness in the economy and only adds to the bets of RBNZ rate cut in August. NZD/JPY breaks major trendline support and is...
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