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FxWirePro: EUR/SEK hits fresh 5-day high at 9.5646; stay bullish

Sep 12, 2016 08:12 am UTC| Technicals

EUR/SEK is currently trading around 9.5634 levels. It made intraday high at 9.5646 and low at 9.5263 levels. Intraday bias remains bullish till the time pair holds key support at 9.5405 marks. A daily close...

DAX30 breaks major support at 55-day EMA, decline till 10000 likely

Sep 12, 2016 07:24 am UTC| Technicals

Major support 10374 (55- day EMA). Major resistance 10806 DAX30 is trading weak for past three trading session .The index is trading near 55- day EMA and any break below confirms minor trend reversal, a decline...

FxWirePro: USD/TRY hits fresh 5-week high at 2.9781, good to buy on dips

Sep 12, 2016 07:21 am UTC| Technicals

USD/TRY is currently trading at 2.9705 levels. It made intraday high at 2.9781 and low at 2.9614 levels. Intraday bias remains bullish for the moment. Key resistances are seen at 2.9781, 2.9867, 2.9977,...

FxWirePro: AUD/CAD pivotal around 200-DMA at 0.98, weakness only on break below

Sep 12, 2016 06:45 am UTC| Technicals

AUD/CAD is hovering around 20-DMA at 0.9844, finds major support by 200-DMA at 0.98. Techs are bearishly inclined, but weakness only below 200-DMA. Major support levels - 0.9816 (38.2% Fib), 0.98 (200-DMA),...

FxWirePro: South African rand weakens against U.S. dollar, faces strong resistance at 14.75

Sep 12, 2016 06:41 am UTC| Technicals

USD/ZAR is currently trading around 14.45 levels. It made intraday high at 14.46 and low at 14.36 levels. Intraday bias remains bullish till the time pair holds major support at 14.27 levels. A daily...

FxWirePro: GBP/JPY faces strong support at 135, good to buy on dips

Sep 12, 2016 06:21 am UTC| Technicals

Major support 135.09 (38.2% retracement of 138.83 and 129.06). Major resistance 137.66 (55-day EMA). GBP/JPY has retreated after making a high of 137.13. It is currently trading around 136.08. On the lower...

FxWirePro: EUR/JPY trades a narrow range, upside capped by 55-EMA at 115.37

Sep 12, 2016 06:00 am UTC| Technicals

EUR/JPY rangebound in the Asian session, Doji formation seen. Upside capped by 55-EMA at 115.37, break above finds next major resistance at 115.87 (trendline). We see scope for test of 20-DMA at 114.31, break...

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