FxWirePro: South African rand trades marginally lower ahead of CPI, core CPI data
Apr 18, 2018 06:51 am UTC| Technicals
USD/ZAR is currently trading around 12.01 levels. It made intraday high at 12.01 and low at 11.97 levels. Intraday bias remains slightly bullish till the time pair holds key support at 11.92 mark. A daily...
FxWirePro: EUR/NZD on track to test 100-DMA at 1.6918, breakout to see further upside
Apr 18, 2018 06:45 am UTC| Technicals
EUR/NZD extends grind higher, holds gains for 4th straight session, intraday bias higher. The pair is trading 0.20% higher on the day, finds strong support at 5-DMA at 1.6806. Technical indicators are biased...
Apr 18, 2018 06:19 am UTC| Technicals
Chart and candlestick patterns occurred: Hammer and bullish engulfing patterns in the minor trend evidence considerable rallies through uptrend line (refer daily chart). While the intermediate trend has been spiking...
FxWirePro: Nikkei trades higher on weak yen, good to buy on dips
Apr 18, 2018 06:10 am UTC| Technicals
Nikkei opened flat and shown a good jump in Asian session on account of positive global cues. The index jumped more than 250 points from the todays open. US markets Dow jones and SP500 has closed almost 1% higher yesterday...
FxWirePro: USD/INR hits fresh 6-month high at 65.79 mark, faces immediate resistance at 65.85 mark
Apr 18, 2018 05:59 am UTC| Technicals
USD/INR is currently trading around 65.66 marks. It made intraday high at 65.79 and low at 65.54 marks. Intraday bias remains bullish till the time pair holds key support at 65.12 mark. Key resistances are...
FxWirePro: AUD/NZD struggles at 20-DMA, good to go long on decisive break above
Apr 18, 2018 05:56 am UTC| Technicals
AUD/NZD extends choppy trade at 20-DMA, struggles to close above. The pair is trading 0.12% higher on the day, hit session lows at 1.0573 and high of 1.0595. Price action is holding above major EMAs on hourly...
Apr 18, 2018 05:24 am UTC| Technicals
Yen recedes in early Asian trading following mixed Japanese trade data. Japan trade data expanded the merchandise trade balance, but both exports and imports failed to meet expectations. Japanese exports rose 2.1...
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