FxWirePro: NZD/USD upside pauses at 20-DMA, finds little impetus from China's mixed inflation data
Nov 09, 2017 04:29 am UTC| Technicals
RBNZ left rates unchanged, but the Kiwi found support from the policy announcements, with the outlook for an early 2019 hike maintained. RBNZ left the Official Cash Rate (OCR) unchanged at 1.75 percent forecasting...
FxWirePro: USD/THB trades flat at 33.10 mark, sustained close below requires for downside rally
Nov 09, 2017 03:57 am UTC| Technicals
USD/THB is currently trading around 33.11 marks. It made intraday high at 33.12 and low at 33.09 marks. Intraday bias remains neutral till the time pair holds immediate support at 33.10 mark. A daily close...
FxWirePro: Nikkei trades higher on strong earnings, good to buy on dips
Nov 09, 2017 03:21 am UTC| Technicals
Nikkei continuing its winning streak and hits highest level since 1992 at 23423 on account of strong corporate earnings and weak yen. The index has jumped almost 10% since Oct 23rd after Abe land slide victory . It is...
FxWirePro: Chinese yuan trades marginally lower despite higher than expected CPI data
Nov 09, 2017 02:43 am UTC| Technicals
USD/CNY is currently trading around 6.6272 marks. It made intraday high at 6.6341 and low at 6.6248 levels. Intraday bias remains neutral for the moment. A sustained close above 6.6248 marks will test key...
FxWirePro: EUR/KRW moves in rigid boundaries, bias remains neutral
Nov 09, 2017 02:04 am UTC| Technicals
EUR/KRW is currently trading around 1,289 mark. Pair made intraday high at 1,290 and low at 1,289 levels. Intraday bias remains neutral till the time pair holds key support at 1,288 mark. A sustained close...
FxWirePro: Kiwi appreciates against major peers as RBNZ stands pat
Nov 09, 2017 01:36 am UTC| Technicals
AUD/NZD is currently trading around 1.1035 marks. Pair made intraday high at 1.1044 and low at 1.1010 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1096 mark. A sustained...
FxWirePro: DXY forms inverse Head and Shoulder pattern, good to buy on dips
Nov 08, 2017 12:36 pm UTC| Technicals
Chart pattern formed- inverse Head and Shoulder. US dollar index has formed inverse head and shoulder in daily chart and is trading well above resistance 94.29 level. The index jumped till 95.15 and is currently...
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