FxwIrePro: GBP/USD trades higher on upbeat UK retail Sales, good to buy on dips
Sep 20, 2017 09:57 am UTC| Technicals
GBP/USD recovered sharply from the yesterday low of 1.34686 on better than expected UK retail sales. The pair jumped till 1.36074 and is currently trading around 1.35570. UK retail sales surged unexpectedly in Aug....
FxWirePro: AUD/JPY hits fresh 21-month highs at 89.67, bias higher, stay long
Sep 20, 2017 09:14 am UTC| Technicals
AUD/JPY bulls in-charge, hit fresh multi-month highs at 89.67, levels unseen since Dec 2015. The major now finds next trendline resistance is seen at 90, break above will see further gains. Next bull target above...
FxWirePro: USD/CAD upside capped by 38.2% fibo, good to sell on rallies
Sep 20, 2017 09:03 am UTC| Technicals
USD/CAD has formed a bottom at 1.20613 on Sep 8th 2017 and recovered well from that level. The pair upside is limited due to strong oil prices. The pair jumped till 1.23376 and is currently trading around 1.22735. US...
FxWirePro: NZD/CHF breaks 200-DMA, good to go long on dips, target 0.7120
Sep 20, 2017 08:32 am UTC| Technicals
NZD/CHF has shown a break above 200-DMA at 0.7039, bias higher. Kiwi remains buoyed as latest polls show outright majority for ruling government. Technical studies support upside in the pair, we see scope for...
Sep 20, 2017 07:14 am UTC| Technicals Insights & Views
On the rallies of AUDJPY, shooting star pattern candlestick has occurred at 88.760 levels. But vigorous bulls on these rallies have been shrugging-off this bearish pattern (shooting star) but for now, it seems to be...
FxWirePro: NZD/CAD breaks major trendline resistance at 0.90, bias higher, stay long
Sep 20, 2017 06:50 am UTC| Technicals
NZD/CAD has broken major trendline resistance at 0.90, bias higher. The pair has edged higher to break 20-DMA resistance at 0.8922.Technical indicators support upside in the pair. RSI and stochs are biased...
FxWirePro: USD/CHF consolidates in narrow range, good to sell on rallies
Sep 20, 2017 06:49 am UTC| Technicals
USD/CHF is consolidating in narrow range between 0.9705 and 0.95650 for the past four trading session. The pair has formed a minor bottom at 0.95650 on Sep 15th 2017 and jumped slightly from that level. It is currently...
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