FxWirePro: Sell CHF/JPY on rallies
Nov 09, 2017 09:42 am UTC| Technicals
Major support -113.40 CHF/JPY is consolidating after forming a bottom at 113.40. The pair jumped till 114.52 and started to show a decline. It is struggling to break above 114.60 which is acting as major near term...
FxWirePro: EUR/JPY extends weakness below 50-DMA, bias lower, stay short
Nov 09, 2017 09:30 am UTC| Technicals
EUR/JPY extends grind lower after break below strong support at 50-DMA, bias remains bearish. Comments from the Chinese President Xi, who talked up the prospects of boosting the countrys trade and imports with the US...
FxWirePro: USD/JPY finds strong support at 20-DMA (113.40), good to go short on break below
Nov 09, 2017 08:47 am UTC| Technicals
USD/JPY slips lower on renewed risk-off, down 0.28% on the day. Comments from the Chinese President Xi, who talked up the prospects of boosting the countrys trade and imports with the US triggered risk-off moods,...
FxWirePro: USD/CAD trades weak on better Canadian economic data, good to sell on rallies
Nov 09, 2017 08:31 am UTC| Technicals
Canadian dollar has shown a minor bullishness yesterday after better than expected Canada Housing starts and Building permits data. USD/CAD declined after showing minor jump till 1.28160 and is currently trading around...
FxWirePro: South African rand trades almost flat against U.S. dollar, downside limited
Nov 09, 2017 07:24 am UTC| Technicals
USD/ZAR is currently trading around 14.15 levels. It made intraday high at 14.18 and low at 14.12 levels. Intraday bias remains neutral for the moment. A daily close above 14.15 will take the parity...
Nov 09, 2017 07:12 am UTC| Technicals Insights & Views
The upswings of this pair are restrained below stiff resistance at 79.491 levels, thats where 79.351 and 79.003 levels in the past. Yesterday bullish engulfing pattern occur at 79.287 levels but bears have disregarded...
FxWirePro: USD/CHF declines slightly on flattening of US yield curve, good to sell on rallies
Nov 09, 2017 07:11 am UTC| Technicals
Chart pattern- Triple top USD/CHF is consolidating in narrow range between 0.99477 and 1.00378 for the past ten trading session. The pair declined slightly on flattening of yield curve and geopolitical uncertainty....
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