FxWirePro: GBP/NZD pauses downside above 50% Fib, break below targets 200-DMA at 1.8407
Jan 12, 2018 10:45 am UTC| Technicals
GBP/NZD has shown a decisive break below 100-DMA, bears now target 200-DMA at 1.8407. Downside is currently holding above 50% Fib retrace of 1.73375 to 1.98383 rally at 1.8587. Break below to see further drag....
FxWirePro: GBP/USD hits 3- month high, good to buy on dips
Jan 12, 2018 10:08 am UTC| Technicals
Cable jumped sharply today in European session after a long consolidation. The pair was trading in narrow range between 1.3585 and 1.34582. It has broken major resistance at 1.3585 and jumped till 1.3620 level highest...
FxWirePro: CHF/JPY forms double bottom at 113.70, good to buy on dips
Jan 12, 2018 09:36 am UTC| Technicals
Chart pattern- Double bottom CHF/JPY has recovered after forming a bottom at 113.66 on Jan 10th 2018. The pair hits high of 114.50 and is currently trading around 114.32. The pair has shown a minor jump of 82 pips...
Jan 12, 2018 08:36 am UTC| Technicals
FxWirePros Hourly Currency Strength Index for EUR/CAD at 0800 GMT: Bias Bullish FxWirePros EUR Spot Index: 151.38 (Bullish) FxWirePros CAD Spot Index: -154.222 (Bearish) Technical Analysis: Bias Bullish -...
Jan 12, 2018 08:02 am UTC| Technicals
NZD/USD has shown a decisive breakout at trendline resistance at 0.7180. Upside is currently struggling at 61.8% Fib retrace of 0.7558 to 0.6780 fall at 0.7261. The pair has edged lower from 4-month highs at...
FxWirePro: USD/CAD trades high on US threat to leave NAFTA, good to buy on dips
Jan 12, 2018 07:43 am UTC| Technicals
CAD shown minor weakness in the week after hitting low of 1.2355 low made on Jan 5th 2018. USD/CAD jumped almost 223 pips on rumors that Trump will kill NAFTA trade agreement. The pair hits high of 1.25899 and is currently...
FxWirePro: South African rand trades almost flat against U.S. dollar, bias remains neutral
Jan 12, 2018 07:31 am UTC| Technicals
USD/ZAR is currently trading around 12.40 levels. It made intraday high at 12.40 and low at 12.35 levels. Intraday bias remains neutral for the moment. A daily close above 12.42 will take the parity...
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