
Jul 20, 2016 12:04 pm UTC| Technicals
Major trend line support - 1.10160 (trend line joining 1.07115 and 1.082115) Major intraday resistance - 1.1061 (7 day EMA) The pair has broken major support 1.0160 and declined till 1.09813 at the time of...

FxWirePro: AUD/USD breaks below 20-DMA, bias lower, stay short
Jul 20, 2016 11:46 am UTC| Technicals
Upbeat US housing starts buoyed USD, dragging AUD/USD lower. The pair has broken below 20-DMA on the daily charts, Techs remain bearish. Our previous call...

USD/CHF faces strong resistance at 0.9900, break above targets 0.9960/1.000
Jul 20, 2016 09:58 am UTC| Technicals
Major resistance 0.9900 (90 day EMA) The pair has taken support near 200 day MA and jumped from that level. It is currently trading around 0.98877. The pair made a temporary top around 0.98941 on Jul 12th and...

EUR/USD breaks major support at 1.1016, decline till 1.0910 likely
Jul 20, 2016 09:05 am UTC| Technicals
Major trend line support - 1.10160 (trend line joining 1.07115 and 1.082115) Major intraday resistance - 1.1061 (7 day EMA). The pair has broken major support 1.0160 and declined till 1.09813 at the time of...

Jul 20, 2016 08:23 am UTC| Technicals
3 white soldiers pattern is traced out on weekly charts this pattern bullish in nature to lead extensive bullish tendency, the same pattern was spotted out a couple of months ago, now see their bullish effects on monthly...

FxWirePro: EUR/JPY fails to hold gains above 117 handle, scope for test of 115.50 levels
Jul 20, 2016 07:52 am UTC| Technicals
EUR/JPY edges above 117 handle following the release of better-than-expected German factory gate prices data. Data released earlier today showed German June PPI m/m came in at +0.4% vs +0.2% expected and +0.4% last,...

FxWirePro: USD/ZAR remains well supported above 14.20 mark, faces key support at 14.17
Jul 20, 2016 07:27 am UTC| Technicals
USD/ZAR is currently trading around 14.32 levels. It made intraday high at 14.37 and low at 14.25 levels. Intraday bias remains neutral for the moment. A daily close above 14.50 will take the parity higher...
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