FxWirePro: USD/CNY remains well supported above 6.50 mark, PBOC sets yuan mid-point at 6.5147
Jan 11, 2018 07:01 am UTC| Technicals
USD/CNY is currently trading around 6.5130 marks. It made intraday high at 6.5175 and low at 6.5054 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.5054 mark. A...
FxWirePro: EUR/NZD extends grind below 100-DMA, bias lower, stay short
Jan 11, 2018 06:51 am UTC| Technicals
EUR/NZD extends grind lower after break below 100-DMA at 1.6768, bias lower. Upside in the pair remains capped below 5-DMA at 1.6663, retrace above could see minor upside. Price action has slipped below daily...
Jan 11, 2018 06:10 am UTC| Technicals
USD/INR is currently trading around 63.74 marks. It made intraday high at 63.76 and low at 63.56 marks. Intraday bias remains neutral till the time pair holds immediate resistance at 63.80 mark. Key...
FxWirePro: EUR/AUD breaks below 100-DMA at 1.5217, eyes 200-DMA at 1.4982, stay short
Jan 11, 2018 05:52 am UTC| Technicals
EUR/AUD has broken strong support at 100-DMA at 1.5217, bias lower. The pair has hit 9-week lows at 1.5155 before paring some losses to currently trade at 1.5170. The pair is trading with a bearish bias. Upside...
FxWirePro: Gold trades higher on China bond worries, good to sell on rallies
Jan 11, 2018 05:47 am UTC| Technicals
Gold recovered sharply yesterday from the low of $1308. The yellow metal jumped almost $19 on account of weak U.S dollar on rumors came that China might halt or reduce U.S treasury purchase . US dollar index shows almost...
Jan 11, 2018 05:33 am UTC| Technicals Insights & Views
AUDUSD forms bullish engulfing at 0.7875 on 4H chart and at 0.7801 levels in consolidation phase (refer monthly plotting). As a result, the current rallies are shrugging off bearish patterns occurred in the recent...
FxWirePro: EUR/JPY holds major trendline support at 133 level, further weakness only on break below
Jan 11, 2018 05:17 am UTC| Technicals
EUR/JPY has taken support at major trendline support at 133 levels and edged higher to currently trade at 133.49 levels. The pair has slipped below 5W SMA and has closed below 50-DMA on daily charts. Technical...
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