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FxWirePro: EUR/SEK hovers around 9.59 mark ahead of Sweden’s retail sales data

Sep 27, 2016 07:26 am UTC| Technicals

EUR/SEK is currently trading around 9.5954 levels. It made intraday high at 9.6152 and low at 9.5903 levels. Intraday bias remains neutral till the time pair holds key support at 9.5713 levels. A daily close...

FxWirePro: NZD/USD trade idea - long dips, target 0.7365

Sep 27, 2016 07:05 am UTC| Technicals

NZD/USD breaks above 110-EMA on hourly charts, after taking 50-DMA support on Mondays trade. Renewed risk-on sentiment supporting the Kiwi as also upbeat Chinese industrial profits data. CB Consumer Confidence...

FxWirePro: Buy GBP/JPY above trend line (131.10)

Sep 27, 2016 07:03 am UTC| Technicals

Major resistance 131.10 (trend line joining and 132.25). Major support 129.05. GBP/JPY has pared its losses after making a low of 129.63 yesterday. It jumped till 131 at the time of writing. The trend line...

FxWirePro: AUD/NZD consolidates break above major trendline resistance, bias higher

Sep 27, 2016 06:37 am UTC| Technicals

AUD/NZD is consolidating break above major trendline resistance on 23 Sept. The pair is largely unchanged on the day, is trading with a bullish bias, scope for test of 200-DMA at 1.0714. The pair has broken...

FxWirePro: Norwegian krone strengthens against euro, likely to break key support at 9.0862

Sep 27, 2016 06:31 am UTC| Technicals

EUR/NOK is currently trading at 9.1048 levels. It made intraday high at 9.1276 and low at 9.0987 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.1473 marks. A sustained...

FxWirePro: NZD/JPY bounces back vigorously but don’t deem this as reversal – Stay positioned in boundary binaries

Sep 27, 2016 06:18 am UTC| Technicals

The pair rallied from 72.700 to the current 73.462 levels, it is not to be deemed as a reversal pattern, thats where it has tested the stiff resistance. Bearish crossover on moving averages, a shooting star candle...

FxWirePro: USD/JPY takes major trendline support at 100.08, long dips for 101.25

Sep 27, 2016 05:58 am UTC| Technicals

USD/JPY turned higher from the low of 100.08 levels to near 5-DMA level of 100.58 levels. The pair has taken major trendline support at 100.08, weakness only on break below. Technical studies are slightly...

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