
Long on USD/RUB around 76.50, stop loss 74.64 and target at 79.75
Feb 19, 2016 10:53 am UTC| Technicals
Pair is currently trading around 76.45 levels. It made intraday high at 76.80 and low at 76.04 levels. Intraday bias remains bullish till the time pair holds key support level at 74.67...

EUR/USD breaks major support 1.1080, decline till 1.100 is possible
Feb 19, 2016 10:18 am UTC| Technicals
Major support -1.1050 (200 day MA and also 1.13% retracement of 1.10865 and 1.13350) Intraday major support -1.10800 (trend line joining 1.11280 and 1.1059) Major resistance - 1.11500 The pair ahs made a low...

EUR/SEK rejects key support level at 9.3727, buy on dips
Feb 19, 2016 10:06 am UTC| Technicals
Pair is currently supported above 9.38 levels and trading at 9.3811 marks. It made intraday high at 9.4077 and low at 9.3727 levels. From the data front from Sweden, Country released its job data. Swedish...

FxWirePro: Roll out with "Jelly rolls option combinations" for hedging USD/CAD's puzzling swings
Feb 19, 2016 09:47 am UTC| Technicals
We study CAD valuations by using a multi-disciplined approach that incorporates a combination of fundamental and technical analysis. Technically, Loony has shown a strong signs of recovery as monthly charts pops up with...

DAX 30 faces strong resistance around 9530, break above targets 9625/9797
Feb 19, 2016 09:26 am UTC| Technicals
Major resistance -9530 (trend line joining 10164 and 9926) Major support -9300 The index has made a high of 9554 and declined till 9348 from that level. It is currently trading around 9453. It is facing...

FxWirePro: CHF/JPY hits new multi-year lows at 113.67, further downside could test 111 levels
Feb 19, 2016 09:00 am UTC| Technicals
CHF/JPY has been trading a falling channel, the pair has hit fresh multi-year lows at 113.67. Trend is lower, momentum is bearish, we see scope for tests of 111 levels. Immediate resistance is by 5-DMA at 114.81, while...

Swedish Krona appreciates on the back of positive Job data
Feb 19, 2016 08:52 am UTC| Technicals
USD/SEK currently trading at 8.4430 levels. It made intraday high at 8.4535 and low at 8.4335 levels. In the data front from Sweden, Country released its Unemployment rate with positive numbers at 7.5% m/m v/s 7.6%...