
AUD/CHF breaks major trend line support 0.7130, decline till 0.7000/0.6900 is possible
Jun 10, 2016 08:23 am UTC| Technicals
Major resistance- 0.7220 (90 EMA) Major support - 0.7130 (trend line joining 0.7058 and 0.0.7085) The pair has broken major support 0.7130 and declined till 0.7124 at the time of writing. It is currently trading...

FxWirePro: EUR/USD faces strong support at 100 HMA, good to buy at dips
Jun 10, 2016 08:21 am UTC| Technicals
Minor resistance- 1.13050 (hourly Tenken-Sen) Major support 1.12700 (200 HMA) EUR/USD has slightly recovered after making a low of 1.12897. It is currently trading around 1.13020. On the higher side any...
Jun 10, 2016 08:10 am UTC| Technicals Insights & Views
Technically, USDKRW takes support at 1152.32 levels cushioned by BoKs unexpected rate cut event. The duos (leading indicators) that signal momentum in Bull Run is converging ongoing price rallies (observe daily chart...

FxWirePro: EUR/JPY holds strong trendline support at 120.70, good to go short on close below
Jun 10, 2016 07:44 am UTC| Technicals
EUR/JPY is attempting recovery from new 3-year lows of 120.32 hit on Thursday. Trend is lower. Pair unable to hold gains above the 121 handle as bid tone around the Japanese currency increases. A falling wedge...

FxWirePro: EUR/SEK hits fresh weekly high at 9.2768, faces strong resistance at 9.2822
Jun 10, 2016 07:28 am UTC| Technicals
EUR/SEK is currently trading around 9.2707 levels. It made intraday high at 9.2768 and low at 9.2425 levels. Intraday bias remains bullish till the time pair holds key support at 9.2389 marks. A daily close...

FxWirePro: EUR/GBP trades a narrow range ahead of UK construction output data
Jun 10, 2016 07:10 am UTC| Technicals
EUR/GBP faces strong resistance at 78.75 levels (falling trendline). The pair is trading a narrow range on the day as markets await UK construction data due later in the EU session. Upside capped by 5-DMA at...

FxWirePro: Gold remains well supported below $1,270, UoM consumer sentiment data in focus
Jun 10, 2016 06:54 am UTC| Technicals
XAU/USD is currently trading around $1265 marks. It made intraday high at $1269 and low at $1264 marks. Intraday bias remains bullish till the time pair holds key support at $1255 marks. A sustained break...