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AUD/CHF Trade idea

Sep 16, 2016 12:50 pm UTC| Technicals

Major support 0.7250 (200- day MA). The pair has taken support at 200- day MA and jumped from that level. It is currently trading around 0.7307. AUD/CHF is trading slightly above 100- day MA and it trading well...

FxWirePro: Cable struggles to close above 10 –day MA, good to sell on rallies

Sep 16, 2016 10:58 am UTC| Technicals

Major resistance- 1.3290 (10- day MA) Major support -1.3135 (50% retracement of 1.27893 and 1.34805) Cable has formed a temporary top around 1.32784 yesterday and declined from that level. It is currently...

FxWirePro: Gold appears to breach below triple top neckline as bearish crossover visible on DMAs – Short via futures on shooting star formation

Sep 16, 2016 09:51 am UTC| Technicals

Technical Inference: We spotted out thetriple top pattern on daily charts of gold prices with top 1 at 1375.15, top 2 at 1367.30, top 3 at 1352.61 and neckline at 1308.42 levels. The current prices have tested...

FxWirePro: AUD/CHF takes support at 200- day MA, good to sell on rallies

Sep 16, 2016 09:12 am UTC| Technicals

Major support 0.7250 (200- day MA). The pair has taken support at 200- day MA and jumped from that level. It is currently trading around 0.7307. AUD/CHF is trading slightly above 100- day MA and it trading well...

FxWirePro: USD/TRY rejects key support at 2.9647, good to buy on dips

Sep 16, 2016 07:55 am UTC| Technicals

USD/TRY is currently trading at 2.9709 levels. It made intraday high at 2.9724 and low at 2.9647 levels. Intraday bias remains bullish till the time pair holds key support at 2.9647. Key resistances are seen...

FxWirePro: FTSE100 struggles to close above 9- day EMA, good to sell on rallies

Sep 16, 2016 07:38 am UTC| Technicals

Majorresistance6757 (9- day EMA). Majorsupport6610 (Aug 8th 2016 low). Theindexhasrecovered sharply from the low of6647 made yesterday.Itiscurrentlytradingaround6727. FTSE100upside has been capped by 9-day...

FxWirePro: EUR/JPY intraday bias lower, short rallies, target 114.20

Sep 16, 2016 06:54 am UTC| Technicals

EUR/JPY is attempting a tepid recovery from session lows at 114.43. Intraday bias lower, upside capped by 5-DMA at 114.82. We see scope for test of 114.20 (major trendline support). Further weakness only on...

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