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USD/CHF Trade idea

Apr 29, 2016 12:46 pm UTC| Technicals

Major support - 0.9630 (trend line joining 0.9493 and 0.9584) The pair has broken major support 0.9630 and declined till 0.9606. It is currently trading around 0.96240. Short term trend is slightly bearish as...

FxWirePro:CAD/CHF faces strong resistance at 0.7750, good to buy at dips

Apr 29, 2016 11:27 am UTC| Technicals

Major resistance 0.7750 Major support- 0.7665 (7 day EMA) The pair has made a high of 0.77356 and slightly declined from that level. It is currently trading around 0.76950. Short term trend is slightly...

FxWirePro: GBP/AUD’s stiff resistance not far away, active bears form “Long Legged Doji”

Apr 29, 2016 10:37 am UTC| Technicals

Rejects near resistance at 1.9313 levels (i.e. 38.2% Fibos on monthly basis), previously upswings are certainly not a trend reversal. As the pair drags upswings 1.9313, we see bears rejected at this level. As a...

USD/CHF breaks major support at 0.9630, decline till 0.9575/0.9500 is possible

Apr 29, 2016 10:30 am UTC| Technicals

Major resistance- 0.9700 (55 day 4 H EMA) Major support - 0.9630 (trend line joining 0.9493 and 0.9584) The pair has broken major support 0.9630 and declined till 0.9606. It is currently trading around...

FxWirePro: BTC/USD recovers after making a low of $435, good to buy at dips

Apr 29, 2016 08:51 am UTC| Technicals

Major support -$435 BTC/USD has recovered after making a low of $435.It is currently trading around $449.67. Short term trend is bullish as long as support $435 holds The pairs major support - $435 (21 day...

FxWirePro: FTSE100 faces strong resistance at 6350, good to sell on rallies

Apr 29, 2016 07:26 am UTC| Technicals

Major resistance- 6350 (27TH Apr high) Major intraday support -6200 FTSE100 has recovered after making a low of 6222 made a low of 6248 yesterday and slightly recovered till 6298 from that level. It is currently...

FxWirePro: EUR/SEK fails to sustain below key support at 9.1437, intraday bias remains neutral

Apr 29, 2016 07:18 am UTC| Technicals

EUR/SEK is currently trading around 9.1632 levels. It made intraday high at 9.1695 and low at 9.1465 levels. Intraday bias remains neutral for the moment. A daily close below 9.1437 will tests key supports...

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