FxWirePro: Possible 'Death Cross' on USD/JPY, go short on decisive close below 200-DMA
Jul 21, 2017 09:09 am UTC| Technicals
USD/JPY extends grind lower, hovers around 200-DMA at 111.822. Possible Death Cross on daily charts adds scope for downside. A decisive close below 200-DMA could see extension of weakness. Consecutive spinning...
FxWirePro: Chinese yuan trades marginally lower, PBOC sets yuan mid-point at 6.7415
Jul 21, 2017 08:16 am UTC| Technicals
USD/CNY is currently trading around 6.7651 marks. It made intraday high at 6.7668 and low at 6.7558 levels. Intraday bias remains bullish till the time pair holds key support at 6.7510 mark. A sustained...
FxWirePro: USD/CHF breaks major support at 0.9520, decline till 0.9440 likely
Jul 21, 2017 07:03 am UTC| Technicals
Near term trend - down USD/CHF has broken major support at 0.95237 after two days of consolidation and declined till 0.94938 yesterday. It is currently trading around 0.94977. Any break below the low formed on...
FxWirePro: AUD/NZD dips back into daily cloud, weakness to extend on break below 1.0610 (200-DMA)
Jul 21, 2017 07:02 am UTC| Technicals
AUD/NZD took a sharp turn lower, from multi-week highs at 1.0845 hit on Thursdays trade. The pair failed to close above 1.08 levels and price action has fallen back into daily cloud. Aussie slumps across the...
FxWirePro: USD/ZAR hovers around 13.00 mark, bias remains neutral
Jul 21, 2017 06:48 am UTC| Technicals
USD/ZAR is currently trading around 13.01 levels. It made intraday high at 13.04 and low at 13.00 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.05 mark. A daily close...
Jul 21, 2017 06:35 am UTC| Technicals Insights & Views
Last 2 days of trading sessions this pair pops up with bearish candle pattern (Doji or Evening window star), bearish RSI divergence signal weakness (daily charts). After big bearish candlestick patterns, bears have...
FxWirePro: Indian rupee strengthens against U.S. dollar, faces strong support at 64.25
Jul 21, 2017 06:14 am UTC| Technicals
USD/INR is currently trading around 64.26 marks. It made intraday high at 64.35 and low at 64.25 marks. Intraday bias remains neutral till the time pair holds key support at 64.25 marks. Key resistances are...
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