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EUR/USD: Sell below 1.12680 (200 HMA)

Aug 24, 2016 10:11 am UTC| Technicals

Major resistance- 1.1370. Major support 1.12680 (200 HMA). The pair has jumped till 1.13549 and broken 1.13000 level. It is currently trading around 1.12952. On the lower side, 200 HMA will be acting as...

FxWirePro: USD/CNY hovers around 6.65 mark, PBOC sets yuan mid-point at 6.6420

Aug 24, 2016 08:34 am UTC| Technicals

USD/CNY is currently trading around 6.6506 marks. It made intraday high at 6.66 and low at 6.6378 levels. Intraday bias remains bullish till the time pair holds key support at 6.6350 marks. On the top side,...

FxWirePro: USD/TRY hits fresh 2-week high at 2.9681, good to buy on dips

Aug 24, 2016 07:40 am UTC| Technicals

USD/TRY is currently trading at 2.9564 levels. It made intraday high at 2.9681 and low at 2.9340 levels. Intraday bias remains bullish till the time pair holds key support at 2.9290 marks. A sustained close...

FxWirePro: USD/JPY edges lower from session high at 100.52, 10-day MA caps upside

Aug 24, 2016 07:30 am UTC| Technicals

USD/JPY extends range trade into the European session, holds above the 100 handle. A tepid bounce in the pair was rejected at session highs by 100.52, stiff resistance seen by 10-DMA at 100.59. The pair has edged...

FxWirePro: EUR/CAD faces stiff resistance at 1.4655, good to go long on break above

Aug 24, 2016 07:14 am UTC| Technicals

Euro weaker across board, after the German GDP second reading confirmed slowdown. CAD under pressure from falling oil prices. US crude oil stockpiles up by nearly 4.5 million barrels during last week, yesterdays...

FxWirePro: DAX30 faces minor resistance at 10630, good to sell on rallies

Aug 24, 2016 06:57 am UTC| Technicals

Major support 10365 (61.8% retracement of 10093 and 10806). The index has declined after gaining till 10626 yesterday and is currently trading around 10560. In the hourly chart, DAX is trading slightly above...

FxWirePro: GBP/JPY faces strong resistance at 132.50, good to buy on dips

Aug 24, 2016 06:29 am UTC| Technicals

Major resistance- 132.50 (23.6% retracement of 143.23 and 129.06). Major support -132 (hourly Kijun-Sen). Hourly chart (CMP- 132.28). Tenkan-Sen -132.29. Kijun-Sen- 132.04. GBP/JPY has declined...

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