
FxWirePro: AUD/CHF faces resistance at trend line, good to buy on dips
Aug 25, 2016 09:44 am UTC| Technicals
Major Intraday support - 0.7325 (trend line joining 0.72770 and 0.7315). Major resistance- 0.73865 AUD/CHF has retreated after hitting trend line resistance. It is currently trading at 0.7356. In the hourly...

FxWirePro: AUD/CAD finds major support by 50-DMA at 0.9812, weakness only on break below
Aug 25, 2016 09:17 am UTC| Technicals
AUD/CAD price action was rejected at session highs by 0.9868, pair currently trades around 0.9845 levels. Downside finds major support by 50-DMA at 0.9812, we see weakness only on break below. Momentum studies...

Aug 25, 2016 08:44 am UTC| Technicals
Major resistance- 133.30. Major support 131.95 (9-day EMA). The pair formed a double top around 133.30 and declined from that level. It is currently trading around 132.66. Minor trend is slightly bullish as...

FxWirePro: EUR/CAD hovers around 20-day MA, go short if German Ifo surprisingly bearish
Aug 25, 2016 07:44 am UTC| Technicals
EUR/CAD hovers around 20-day MA at 1.4557, intraday bias lower. Upside finds stiff trendline resistance at 1.4650, pair rejected multiple times at trendline. Some weakness is seen on intraday charts, markets...

FxWirePro: EUR/JPY capped below 10-day MA, trades an extremely narrow range
Aug 25, 2016 07:11 am UTC| Technicals
The single currency remains under pressure ahead of German Ifo business climate data. EUR/JPY is extending narrow rangebound trade within a symmetric triangle pattern. 114.15 and 112.80 are pivotal points,...

FxWirePro: FTSE100 faces resistance at 10-day MA, good to sell on rallies
Aug 25, 2016 06:43 am UTC| Technicals
Major resistance 6956 (Aug 15th 2016 high). Major support 6800. The index formed atemporary top around 6956 on Aug 15th and started to decline from that level. It is currently trading around 5818. Short...

FxWirePro: AUD/USD hovers around 20-day MA at 0.7637, good to long break above
Aug 25, 2016 06:07 am UTC| Technicals
AUD/USD has held above minor support at 0.7584 on Wednesdays trade and is edging higher on the day. Upside finds stiff resistance by 20-DMA at 0.7637, only break above could see pair extend gains. Techs on weekly...