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FxWirePro: CAD/JPY struggles to break trend line resistance , good to sell on rallies

Sep 23, 2016 11:25 am UTC| Technicals

Major resistance 77.60 (trend line joining 78.63 and 77.88). Major intraday support- 77 (21- 4 H MA). The pair has pared its losses after making a low of 76.15 on Wednesday. It is currently trading around...

EUR/USD Short term outlook

Sep 23, 2016 09:31 am UTC| Technicals

EUR/USD showed huge jump from the low of 1.11229 after Fed monetary policy. But not able to hold above 1.1200 level. The pair has broken major psychological level at 1.1200 and declined till 1.1938 at the time of...

FxWirePro: AUD/NZD bulls halt at previous double top neckline after equidistance upward travel – Encourage fresh longs only above sustenance

Sep 23, 2016 07:26 am UTC| Technicals

Within a span of last three-four days, AUDNZD has been recovering its recent price losses, it would absurd if we hurt prevailing bulls sentiments as they made bull travel almost more than 2% in just 4 consecutive days...

FxWirePro: AUD/CAD struggles to break major trendline resistance at 0.9990, long break above

Sep 23, 2016 07:21 am UTC| Technicals

AUD/CAD struggles to extend gains beyond major trendline resistance (currently at 0.9990). Momentum studies for the pair are higher. Stochs biased higher, RSI strength seen above 62 levels. Break above major...

FxWirePro: South African rand strengthens against U.S. dollar, consistent break below 13.54 targets 13.19

Sep 23, 2016 07:21 am UTC| Technicals

USD/ZAR is currently trading around 13.53 levels. It made intraday high at 13.67 and low at 13.53 levels. Intraday bias remains bearish till the time pair holds major resistance at 13.94 levels. A daily...

FxWirepro:USD/CAD takes support near 1.3000 level, good to sell on rallies

Sep 23, 2016 07:18 am UTC| Technicals

Major resistance- 1.3125 (daily Tenken-Sen). Major support - 1.3043 (hourly Kijun-Sen). Lonnie has taken support near psychological support at 1.30000 and slightly recovered till 1.30750. The major intraday...

FxWirePro: EUR/NOK hits fresh 13-month low at 9.0877 after Norges bank rate decision; stay bearish

Sep 23, 2016 06:37 am UTC| Technicals

EUR/NOK is currently trading at 9.1096 levels. It made intraday high at 9.1179 and low at 9.1070 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.1475 marks. A sustained...

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Technology

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