Jan 12, 2018 01:08 am UTC| Technicals
EUR/KRW is currently trading around 1,283 mark. Pair made intraday high at 1,283 and low at 1,279 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 1,284 will take the...
FxWirePro: Ripple trades lower, any break below $1.56 targets $1
Jan 11, 2018 12:57 pm UTC| Technicals
RSI-Bullish divergence(Oversold -22). The pair shown a minor jump above 2 level and declined sharply from the minor high of 2.06. Ripple broken 1.60 level and near term major support is around 1.56 and any break below...
Jan 11, 2018 12:41 pm UTC| Technicals
GBP/JPY declined more than 200 pips from the high of 152.60 yesterday on account of strong yen. The yen was trading higher against all majors after BOJ has planned to trim its bon d purchase. The pair continuing its...
Jan 11, 2018 11:28 am UTC| Technicals
Chart pattern formed- Breach of rising wedge resistance on daily plotting, Symmetric triangle resistance break-out and extension of consolidation phase by retracing more than 38.2% Fibonacci retracements, the uptrend is...
FxWirePro: Buy CHF/JPY on dips
Jan 11, 2018 11:18 am UTC| Technicals
Major support 113.72 (trend line joining 113.09 and 113.29). CHF/JPY is consolidating in narrow range after hitting low of 113.66 yesterday. The pair has shown a minor jump of 60 pips from the low till 114.28. It is...
FxWirePro: GBP/USD trades below 1.3500 level, dip till 1.3435 likely
Jan 11, 2018 11:17 am UTC| Technicals
Cable is consolidating after hitting low of 1.34735 yesterday. The pair jumped slightly by 25 pips afrom yesterday low. Cable was in corrective mode this week on slightly weaker economic data. The pair declined below...
FxWirePro: AUD/CHF breaks major resistance at 0.7680, good to go long above 0.7730
Jan 11, 2018 11:12 am UTC| Technicals
AUD/CHF has shown a breakout at major trendline resistance at 0.7680, bias higher. The pair has hit 15-week highs at 0.7729 before paring some gains to currently trade at 0.77 levels. Upside finds minor...
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