FxWirePro: Aussie falls against major peers as retail sales data misses expectations
Sep 07, 2017 01:59 am UTC| Technicals
AUD/NZD is currently trading around 1.1087 marks. Pair made intraday high at 1.1124 and low at 1.1086 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1126 mark. A sustained...
FxWirePro: EUR/KRW fails to find support above 1,349 mark, short term trend reversal likely
Sep 07, 2017 01:39 am UTC| Technicals
EUR/KRW is currently trading around 1,345 mark. Pair made intraday high at 1,348 and low at 1,344 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1,349 mark. A...
FxWirePro: US Dollar Index upside capped by 233- H MA, good to sell on rallies
Sep 06, 2017 13:14 pm UTC| Technicals
US Dollar index has shown a minor jump till 92.93 after forming bottom at 92.10 on Friday. It is currently trading around 92.25. Short term trend is still weak as long as resistance 93.60 (23.6% retracement of 99.89...
FxWirePro: USD/CHF trades in narrow range, good to sell on rallies
Sep 06, 2017 12:40 pm UTC| Technicals
USD/CHF has declined after showing a jump till 0.96143 yesterday. The pair has formed minor double bottom at 0.95400 and is currently trading around 0.95550. Major near term intraday resistance is around 0.9630 and...
Sep 06, 2017 12:29 pm UTC| Technicals
GBP/USD continuing its rally and hits one month high after breaking psychological resistance 1.3000 level yesterday. Cable jumped till 1.30480 highest since Aug 11th in spite of weaker than expected data in construction...
FxWirePro: EUR/GBP capped below 20-DMA, focus on ECB policy decision
Sep 06, 2017 11:12 am UTC| Technicals
EUR/GBP is extending slide after rejection at 0.93 handle. The pair has slipped below 20-DMA at 0.9166 which now caps recovery in the pair. Bearish divergence keeps scope for downside, next major support at...
FxWirePro: EUR/USD trades in narrow range, market eyes ECB for further direction
Sep 06, 2017 11:11 am UTC| Technicals
EUR/USD is consolidating in narrow range and shown a minor recovery after hitting trend line support yesterday. The pair is waiting for ECB meeting which is to be held on Sep 7th for further direction. It is currently...
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