FxWirePro: AUD/USD breaks daily cloud support, slips below 61.8% Fib at 0.7743, bias lower
Mar 01, 2018 07:58 am UTC| Technicals
AUD/USD has closed below daily cloud, we see scope for further weakness. Price has slipped below 61.8% Fib retrace of 0.75012 to 0.81358 rally at 0.7743. Aussie dented on the back of a big miss in Australia CAPEX...
FxWirePro: GBP/JPY breaks major support 147, dip till 145 likely
Mar 01, 2018 07:53 am UTC| Technicals
GBP/JPY has been continuously weak for second consecutive day. The pair declined almost 180 pips yesterday. The pair decline was mainly due to major dip in Pound sterling after breaking major support at 1.3800. The pair...
FxWirePro: USD/ZAR hits fresh 2-week high at 11.83 mark, stay bullish
Mar 01, 2018 07:42 am UTC| Technicals
USD/ZAR is currently trading around 11.83 levels. It made intraday high at 11.83 and low at 11.78 levels. Intraday bias remains bullish till the time pair holds key support at 11.67 mark. A daily close...
FxWirePro: Gold trades weak on strong US dollar, good to sell on rallies
Mar 01, 2018 07:13 am UTC| Technicals
Gold continuously selling for the past two days after a US fed Powell testimony in Congress. The yellow metal decline was supported by slight jump in US dollar. US dollar has jumped almost 130 pips till 90.74 from the low...
FxWirePro: Gold trades weak on strong US dollar, good to sell on rallies
Mar 01, 2018 07:13 am UTC| Technicals
Gold continuously selling for the past two days after a US fed Powell testimony in Congress. The yellow metal decline was supported by slight jump in US dollar. US dollar has jumped almost 130 pips till 90.74 from the low...
FxWirePro: AUD/JPY edges higher from 8-month lows at 82.30, bias bearish
Mar 01, 2018 06:51 am UTC| Technicals
AUD/JPY edges higher from 8-month lows at 82.30 and is currently trading around 82.55 levels. The pair has dipped below weekly cloud at 82.69 and we see further weakness on decisive break below. Price action...
Mar 01, 2018 06:48 am UTC| Technicals
GBPJPY has tumbled into deep tunnels ever since the formation of shooting star at peaks of rallies at 153.841 levels which is exactly at rising wedge resistance line. While same has been the case in the minor trend of...
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