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DAX30: Intraday trade idea

Jun 28, 2016 08:20 am UTC| Technicals

Major intraday resistance- 9370 (trend line joining 9718 and 9592) Minor intraday support -9305 (Hourly Tenkan-Sen) The index has broken major intraday resistance 9370 and jumped till 9454 at the time of writing....

FxWirePro: EUR/NOK bears seem to be back in business after banking on Brexit results, shooting star plummets prices, more bearish effects on cards

Jun 28, 2016 07:51 am UTC| Technicals

After two days of crazily spiked bulls seems to have given up the momentum from the last couple of trading sessions. On intraday charts, the pair has formed back to back shooting star and hanging man patterns at 9.4498...

FxWirePro: South African rand remains well supported above 15.05 mark, down side limited

Jun 28, 2016 07:43 am UTC| Technicals

USD/ZAR is currently trading around 15.20 levels. It made intraday high at 15.45 and low at 15.15 levels. Intraday bias remains bullish till the time pair holds key support at 15.05 marks. A daily close...

FxWirePro: EUR/GBP snaps two consecutive sessions of gains, EU Summit in focus

Jun 28, 2016 07:23 am UTC| Technicals

Pick up in the demand for the British pound seen in the Asian session today, EUR/GBP snapped two consecutive sessions of gains. The pair faded yesterdays spike to fresh highs above 0.8379, slipped lower to currently...

FxWirePro: AUD/USD struggles at the 0.74 handle, further gains only on decisive break above

Jun 28, 2016 07:01 am UTC| Technicals

AUD/USD stalled its overnight downslide well ahead of 200-DMA support located at 0.7304. Risk-on remains in full swing as Brexit concerns take a back seat, the pair is extending upside on the day fuelled by a solid...

FxWirePro: Chinese Yuan continues to trade lower as PBoC sets Yuan midpoint at lowest level since December 2010 for a second day

Jun 28, 2016 06:42 am UTC| Technicals

USD/CNY is currently trading around 6.6542 marks. It made intraday high at 6.6548 and low at 6.6365 levels. Intraday bias remains bullish till the time pair holds key support at 6.6110 levels. On the top...

FxWirePro: GBP/JPY faces strong support at 133, good to buy at dips

Jun 28, 2016 06:34 am UTC| Technicals

Major Intraday Resistance 135.50 (Hourly Tenkan-Sen) Major support 133 The pair has formed a double bottom around 133.20 level and slightly recovered from that level. It is currently trading around...

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