
FTSE100 faces strong support at 6150, break below targets 6049
Jun 10, 2016 09:14 am UTC| Technicals
Major support- 6150 (61.8% retracement of 6048 and 6323 and also 200 day MA) Major intraday resistance 6200 (21 day MA) The index has broken psychological support 6200 and declined till 6152 from that level. It...

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...