FxWirePro: South African rand trades marginally lower ahead of interest rate decision
Nov 23, 2017 07:46 am UTC| Technicals
USD/ZAR is currently trading around 13.86 levels. It made intraday high at 13.88 and low at 13.81 levels. Intraday bias remains neutral till the time pair holds key support at 13.80 mark. A daily close...
FxWirePro: USD/CHF forms potential Bullish pattern, good to buy on dips
Nov 23, 2017 07:21 am UTC| Technicals
Harmonic pattern Bullish AB=CD Pattern USD/CHF has shown a massive selling yesterday after Fed minutes meeting. The pair declined till 0.98080 after Fed minutes showed concerns over weak inflation. The Fed minutes...
FxWirePro: EURUSD forms Potential Shark Pattern, good to sell on rallies
Nov 23, 2017 07:19 am UTC| Technicals
Harmonic pattern formed Bearish Shark pattern Potential Reversal Zone (PRZ) - $1.1875. EUR/USD has jumped sharply after FOMC minutes meeting. The pair jumped till 1.18380 after Fed minutes showed concerns over...
FxWirePro: USD/CNY hits fresh 3-week low at 6.5896 mark, PBOC sets yuan mid-point at 6.6021
Nov 23, 2017 06:58 am UTC| Technicals
USD/CNY is currently trading around 6.5945 marks. It made intraday high at 6.6101 and low at 6.5896 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.6326 mark. A sustained...
FxWirePro: EUR/NZD hovers around 5-DMA at 1.7214, bearish divergence raises scope for downside
Nov 23, 2017 06:46 am UTC| Technicals
EUR/NZD retraces below 5-DMA after rejection at major trendline resistance at 1.7415. The pair is extending range trade for 2 consecutive day, intraday bias neutral. Technical indicators are inconclusive, RSI...
Nov 23, 2017 06:15 am UTC| Technicals
The current prices well above DMAs, bullish DMA crossover signals extension of rallies, dont expect sharp rallies before breaching above stiff resistance of 0.7626 levels. A cautious near-term bottom formed at 0.7532...
FxWirePro: NZD/USD capped at 20-DMA (0.6884), good to go long on break above
Nov 23, 2017 06:08 am UTC| Technicals
NZD/USD struggles to extend previous sessions gains, trades range bound. Weaker-than-expected New Zealand retail sales data for the third-quarter dents the kiwi. Data released earlier today showed New Zealand...
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