FxWirePro: AUD/NZD recovery capped below 5-DMA at 1.10, bias bearish
Sep 19, 2017 07:32 am UTC| Technicals
AUD/NZD failed to break major trendline resistance at 1.1155. The pair has edged lower to break major support at 20-DMA at 1.1023 in last weeks trade, bias lower. Recovery attempts in the pair were rejected shy...
FxWirePro: USD/ZAR hits fresh 5-week high at 13.31 mark, sustained close above targets 13.51 mark
Sep 19, 2017 07:03 am UTC| Technicals
USD/ZAR is currently trading around 13.28 levels. It made intraday high at 13.30 and low at 13.26 levels. Intraday bias remains bullish till the time pair holds key support at 13.10 mark. A daily close...
FxWirePro: EUR/JPY ends consolidation phase, 200-W SMA breakout raises scope for upside
Sep 19, 2017 06:46 am UTC| Technicals
EUR/JPY has shown a decisive break above weekly 200-SMA at 130.49 last week. The pair has finally broke the consolidation phase and has hit fresh 21-month highs at 134.14. Technical indicators support upside and...
Sep 19, 2017 06:37 am UTC| Technicals
Gravestone doji has formed at 150.531 levels and the bulls have tested the support exactly at double top neckline, consequently, the rallies intensified ever since the formation of bullish DMA crossover, bull swings shrug...
FxWirePro: CAD/JPY forms shooting star pattern, good to sell on rallies
Sep 19, 2017 06:27 am UTC| Technicals
Candle Stick Pattern- Shooting star CAD/JPY has formed a temporary top around at 91.63 and started to decline from that level. The pair was trading high for more than one month. It has declined till 90.41 and is...
FxWirePro: USD/INR breaks key resistance at 64.22 mark, stay bullish
Sep 19, 2017 06:06 am UTC| Technicals
USD/INR is currently trading around 64.27 marks. It made intraday high at 64.27 and low at 64.18 marks. Intraday bias remains bullish till the time pair holds key support at 64.22 marks. Key resistances are...
FxWirePro: Gold trades well below 20- day MA, market eyes Fed monetary policy
Sep 19, 2017 05:46 am UTC| Technicals
Gold prices declined almost 1% yesterday due to Fed monetary policy meeting. The yellow metal declined almost $16 from the previous day close of $1320. It is currently trading around $1307.40. Fed is expected to keep...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects