FxWirePro: EUR/NZD edges higher from fresh 3-week lows at 1.6686, bias lower, stay short
Nov 08, 2017 06:33 am UTC| Technicals
EUR/NZD has hit fresh 3-week lows at 1.6686 on Mondays trade, has pared some losses and is currently trading at 1.6780 levels. Recovery in the pair lacks traction, we see scope for further weakness. Technical...
FxWirePro: USD/CHF trades flat, good to go long above 1.0040
Nov 08, 2017 06:12 am UTC| Technicals
USD/CHF is consolidating in narrow range between 0.99477 and 1.00378 for the past ten trading session. The pair declined slightly after US Senate Republicans are considering to delay corporate tax cut by a year. But it...
FxWirePro: Gold recovers mildly on higher oil price, good to sell on rallies
Nov 08, 2017 05:46 am UTC| Technicals
Gold is consolidating between narrow range between $1263 and $1284 for the past ten days. The yellow metal has shown a minor jump in the past two days on account of slight profit booking in US dollar. It is currently...
FxWirePro: Antipodeans dented on poor China trade data, AUD/NZD capped below 5-DMA, bias lower
Nov 08, 2017 05:31 am UTC| Technicals
Dismal China trade data dents antipodeans, AUD/NZD trades in narrow range. Data released earlier today showed China October trade surplus widened less than expected. China trade surplus came-in at CNY 254.5...
FxWirePro: USD/INR hits fresh 2-week high at 65.29 mark, downside limited
Nov 08, 2017 05:24 am UTC| Technicals
USD/INR is currently trading around 65.18 marks. It made intraday high at 65.27 and low at 65.18 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 65.32 marks Key...
FxWirePro: AUD/USD extends choppy trade below 200-DMA, good to go short on break below 0.7630
Nov 08, 2017 05:12 am UTC| Technicals
AUD/USD is extending choppy trade below 200-DMA at 0.7697 which is major resistance. Dismal Chinese trade data likely to keep upside in the pair limited. Also RBA was a non-event, Aussie largely muted post RBA policy...
FxWirePro: NZD/USD rejected at session highs at 0.6912, good to go short on break below 0.6895
Nov 08, 2017 04:20 am UTC| Technicals
NZD/USD attempted, but failed, to hold break above the 0.69 handle. Price action has slipped below hourly 200-SMA at 0.6914 and is currently hovering around 0.69 handle after hitting session lows at 0.6897. The...
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