FxWirePro: AUD/USD upside capped at 0.77 handle, weakness likely on break below 0.7650
Nov 07, 2017 10:03 am UTC| Technicals
Aussie largely unchanged after RBA kept interest rate unchanged at 1.5%, and the policy statement was interpreted as neutral. AUD/USD retraced back below the 200-DMA at 0.7697 and is currently trading at 0.7655, down...
FxWirePro: GBP/NZD holds 20-DMA support, weakness only on break below
Nov 07, 2017 08:15 am UTC| Technicals
GBP/NZD is trading a narrow range on the day, up 0.19% as we write. The pair is holding above 20-DMA at 1.8892 which is strong support. We see weakness only on break below. Technical indicators are with a neutral...
FxWirePro: USD/ZAR remains well supported above 14.00 mark, downside limited
Nov 07, 2017 07:26 am UTC| Technicals
USD/ZAR is currently trading around 14.14 levels. It made intraday high at 14.15 and low at 14.08 levels. Intraday bias remains bullish for the moment. A daily close above 14.08 will take the parity...
FxWirePro: USD/CHF downside capped by 55- 4H EMA, good to buy on dips
Nov 07, 2017 07:20 am UTC| Technicals
USD/CHF is consolidating in narrow range between 0.99477 and 1.00378 for the past ten trading session. The pair jumped after slightly better than expected US jobs data. But it should break above 1.0040 for further...
Nov 07, 2017 07:00 am UTC| Technicals
FxWirePros Hourly Currency Strength Index Bias for EUR/CAD: Bearish FxWirePros Hourly EUR Spot Index was at -112.487 : Bearish FxWirePros Hourly CAD Spot Index was at 108.342 : Bearish Technical Studies: Bias...
FxWirePro: Chinese yuan strengthens against U.S. dollar, PBOC sets yuan mid-point at 6.6216
Nov 07, 2017 06:44 am UTC| Technicals
USD/CNY is currently trading around 6.6251 marks. It made intraday high at 6.6313 and low at 6.6203 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 6.6310 marks will...
FxWirePro: GBP/JPY takes support near trend line, good to buy on dips
Nov 07, 2017 06:39 am UTC| Technicals
GBP/JPY has formed a minor top around 151.93 and shown decline from that level. The pair dipped till 148.66 and is currently trading around 150.15. The main dip in the previous week was mainly due to BOE dovish rate...
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