FxWirePro: EUR/CAD edges higher from 8-week lows at 1.5463, finds strong support at 100-DMA
Apr 17, 2018 09:13 am UTC| Technicals
EUR/CAD edges higher after 4th straight weeks of declines. Momentum still with the bears. Price has retraced from 8-week lows at 1.5463 and has broken above 5-DMA at 1.5548. Technical studies support further...
FxWirePro: USD/JPY fails at 55-EMA, slips below 5-DMA, bias lower
Apr 17, 2018 08:20 am UTC| Technicals
USD/JPY fails to hold above 55-EMA, breaks below 5-DMA support at 107.10. The major is extending downside for 2nd straight session and intraday bias is bearish. Technical indicators are turning bearish. RSI is...
FxWirePro: USD/TRY consolidates around 4.09 mark, downside limited
Apr 17, 2018 08:00 am UTC| Technicals
USD/TRY is currently trading at 4.0840 levels. It made intraday high at 4.0996 and low at 4.0737 levels. Intraday bias remains slightly bullish till the time pair holds key support at 4.0700 levels. Key...
FxWirePro: GBP/JPY recovers sharply from low of 152.65,good to buy on dips
Apr 17, 2018 07:45 am UTC| Technicals
GBP/JPY has recovered sharply after declining almost more than 100 pips yesterday. Pound sterling was trading higher for past three weeks and broken high made on 1.43455 Jan 25th 2018. The pair jumped almost 400 pips in...
FxWirePro: Silver exhibits range bound movement, bias remains neutral
Apr 17, 2018 07:13 am UTC| Technicals
XAG/USD is currently trading around $16.70 marks. It made intraday high at $16.72 and low at $16.62 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.72 mark. A daily close...
FxWirePro: AUD/NZD holds 5-DMA support, breakout at 20-DMA to see further upside
Apr 17, 2018 06:54 am UTC| Technicals
AUD/NZD finds support at 5-DMA at 1.0552, we see minor weakness on break below. RBA minutes showed the policymakers see little reason for a near-term move in policy. While fresh China slowdown concerns knocking the...
FxWirePro: Gold trades higher on safe haven demand, good to buy on dips
Apr 17, 2018 06:44 am UTC| Technicals
Gold is trading flat after a $16 dollar jump on Friday due to political uncertainty in Middle East. US, British and French air strikes launched almost 105 missiles overnight at the heart of Syrias chemical weapons program....
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