
FxWirePro: 5-DMA caps upside in NZD/CAD, good to sell rallies
Jun 28, 2016 10:23 am UTC| Technicals
NZD/CAD is extending downside from 4-month highs of 0.9297 hit on Friday. The pair has slipped below 5-DMA and is currently trading around 0.9178 levels. Recovery attempts were capped by 5-DMA at 0.9198 which is...

Jun 28, 2016 10:03 am UTC| Technicals
The pair is trading at around 4 and half years lows after Brexit shock. Bulls seem to be completely edgy as bears momentum is intensified, especially after clearing major supports at 1.4143 and 1.3739 levels. Current...

AUD/CHF breaks minor trend line resistance, a jump till 0.7364/0.7380 is possible
Jun 28, 2016 09:45 am UTC| Technicals
Major resistance -0.7220 (trend line joining 0.7364 and 0.7304) Major support 0.7155 (61.8% retracement of 0.7034 and 0.7364) The pair has recovered sharply after making a low of 0.7165. It is currently trading...

FxWirePro: AUD/CAD rejected at highs by 0.9628, bias lower, good to sell rallies
Jun 28, 2016 09:25 am UTC| Technicals
AUD/CAD is extending downside from 2-month highs of 0.9745 hit on Friday (0.9746 is 50% Fib retrace of Dec 2015 to May 2016 fall). On the day, the pair was rejected at highs by 0.9628 and is currently trading around...

Jun 28, 2016 08:22 am UTC| Technicals
Major intraday resistance -2010 (Hourly Kijun-Sen) Major intraday support- 2000 Pattern Formed (Hourly chart)- Bullish divergence (CCI (50) and RSI (14). The index has recovered after making a low of 1989....

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....

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...