FxWirePro: USD/ZAR takes halt around 12.50 mark, short term trend reversal likely
Apr 26, 2018 06:55 am UTC| Technicals
USD/ZAR is currently trading around 12.41 levels. It made intraday high at 12.46 and low at 12.40 levels. Intraday bias remains neutral for the moment. A daily close above 12.43 will take the parity...
Apr 26, 2018 06:22 am UTC| Technicals
Chart and candlestick pattern formed Shooting star, spinning top and gravestone doji pattern candles have occurred at stiff resistance levels of 133.087. Bulls shrugging off these bearish patterns as both the leading...
FxWirePro: NZD/CAD tests 200-DMA at 0.9063, break below to accentuate weakness
Apr 26, 2018 06:19 am UTC| Technicals
NZD/CAD slips below 0.91 handle, hits 11-week lows at 0.9060, bias bearish. The pair has broken below daily cloud and 100-DMA, and break below 200-DMA will accentuate weakness. Price action has broken below 200W...
FxWirePro: Nikkei hits fresh 2- month high on account of weak yen, good to buy on dips
Apr 26, 2018 05:56 am UTC| Technicals
Nikkei is continuing its third week of bullishness after hitting low of 20925. The index showing a good strength on account of yen weakness and slight easing of geopolitical tensions. The yen declined sharply against all...
FxWirePro: USD/JPY consolidates at fresh multi-week highs at 109.46, cloud offers strong support
Apr 26, 2018 05:55 am UTC| Technicals
USD/JPY consolidates at fresh multi-week highs at 109.46, bias higher. The major is taking a breather, but still holds near highs above 109 handle. Price action rages in narrow range, with days high at 109.46 and...
FxWirePro: USD/CNY jumps above 6.32 mark, PBOC sets yuan mid-point at 6.3283
Apr 26, 2018 05:49 am UTC| Technicals
USD/CNY is currently trading around 6.3240 marks. It made intraday high at 6.3264 and low at 6.3216 levels. Intraday bias remains bullish till the time pair holds key support at 6.3000 mark. A sustained...
FxWirePro: USD/CNY jumps above 6.32 mark, PBOC sets yuan mid-point at 6.3283
Apr 26, 2018 05:49 am UTC| Technicals
USD/CNY is currently trading around 6.3240 marks. It made intraday high at 6.3264 and low at 6.3216 levels. Intraday bias remains bullish till the time pair holds key support at 6.3000 mark. A sustained...
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