FxWirePro: NZD/CAD recovery capped at 5-DMA, bias lower, good to short rallies
Nov 15, 2017 08:45 am UTC| Technicals
NZD/CAD extends grinds lower capped at 5-DMA at 0.8777, bias lower. Recovery in the pair failed at 5-DMA, price action currently down 0.05% on the day. Technical studies are bearish, price action below daily...
FxWirePro: XAG/USD trades in narrow range, stay bearish only below $16.98 mark
Nov 15, 2017 07:52 am UTC| Technicals
XAG/USD is currently trading around $17.04 marks. It made intraday high at $17.06 and low at $16.98 levels. Intraday bias remains neutral till the time pair holds key support at $16.98 mark. A daily close...
FxWirePro: USD/CHF trade well below 20- day MA, dip till 0.9805 likely
Nov 15, 2017 07:24 am UTC| Technicals
USD/CHF has shown a major selling yesterday on account of weak US dollar. US dollar index declined sharply after breaking major support at 94.25 (trend line support) and hits low of 93.70 at the time of writing. The...
FxWirePro: South African rand trades marginally lower against U.S. dollar, stay bullish
Nov 15, 2017 07:07 am UTC| Technicals
USD/ZAR is currently trading around 14.39 levels. It made intraday high at 14.42 and low at 14.34 levels. Intraday bias remains bullish till the time pair holds key support at 14.23 mark. A daily close...
Nov 15, 2017 07:06 am UTC| Technicals Insights & Views
We foresee the bullish sentiments are likely to intensify especially after the formation of 3-white soldiers pattern. On the flip side, the shooting star has occurred to hamper short-term uptrend sentiments. More...
FxWirePro :EUR/USD breaks major trend line resistance, good to buy on dips
Nov 15, 2017 07:00 am UTC| Technicals
EUR/USD shown a huge jump yesterday after better than expected European economic data. The pair broken the major resistance 1.1730-1.1745 (100- day MA and trend line joining 1.20925 and 1.18580) and jumped till 1.18050...
FxWirePro: NZD/JPY eyes major trendline support at 77.50, stay short
Nov 15, 2017 06:47 am UTC| Technicals
NZD/JPY extends weakness for the 5th consecutive session, bias still bearish. Upbeat Japanese GDP number released earlier today adding to the weakness in the pair. The pair has hit new 2017 lows at 77.67, bears...
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