
FxWirePro: AUD/CHF trades higher on upbeat Aussie economic data, good to buy at dips
May 31, 2016 07:29 am UTC| Technicals
Major resistance -0.7155 (trend line joining 0.7245 and 0.7200) AUD/CHF has violated trend resistance and jumped till 0.7195 at the time of writing. It is currently trading around 0.71785. Aussie traded higher...

FxWirePro: Swedish krona erases previous loss against euro, intraday bias remains slightly bearish
May 31, 2016 07:23 am UTC| Technicals
EUR/SEK is currently trading around 9.2709 levels. It made intraday high at 9.2824 and low at 9.2677 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.28 marks. A daily close...

FxWirePro: 'Bullish Bat' pattern on AUD/CAD dailies, test of 0.96 likely
May 31, 2016 06:41 am UTC| Technicals
Bullish Bat pattern completed on AUD/CAD dailies. Potential Reversal Zone: 0.9323 Bullish invalidation below: 0.9150 Target Price: 0.95/0.96/0.9775 Pair is currently struggling at 21-DMA at 0.9452,...

GBP/JPY holds well above 100 day EMA, targets 164.10/166
May 31, 2016 06:23 am UTC| Technicals
Major support 162 (55 day H EMA) Major resistance- 164.10 GBP/JPY has jumped till 163.989 today morning and started to decline from that level .It is currently trading around 163.15. Intraday trend is...

May 31, 2016 06:20 am UTC| Technicals
USD/CNY is currently trading around 6.5768 marks. It made intraday high at 6.5858 and low at 6.5607 levels. Intraday bias remains bullish till the time pair holds key support at 6.5607 levels. A sustained...

FxWirePro: NZD/JPY capped below 50-DMA at 74.94, intraday bias higher, good to buy dips
May 31, 2016 06:14 am UTC| Technicals
Kiwi extends upside for a second consecutive session and jumps sharply higher, tracking strong gains seen in its OZ counterpart. NZD/JPY hit fresh monthly highs at 74.93, upside capped at 50-DMA currently at 74.94,...

May 31, 2016 05:56 am UTC| Technicals
After break out of resistance above 0.7209 (61.8% Fibos) and 7DMA levels, the prices now testing resistance at 0.7245 levels. While leading oscillators signal bullish momentum in these upswings. RSI is trending above 41...