FxWirePro: USD/CHF consolidates after hitting low of 0.95230, good to sell on rallies
Jul 20, 2017 07:24 am UTC| Technicals
Near term trend - down USD/CHF downside has been paused after hitting low of 0.95237 and shown a minor recovery from that level. It has jumped till 0.9565 level. It is currently trading around 0.95488. The low...
FxWirePro: NZD/JPY rangebound around 20-DMA, 'Bearish Bat Pattern' keeps scope for downside
Jul 20, 2017 06:57 am UTC| Technicals
NZD/JPY is trading in a narrow range. The pair is hovering around 20-DMA at 82.28. Technical indicators support downside in the pair. MACD has shown a bearish crossover and Stochs are biased lower. We see a...
Jul 20, 2017 06:40 am UTC| Technicals Insights & Views
The recent rallies of EURJPY have rejected at 130.767 levels, thereafter, it has broken below strong support at 129.338 (50% Fibonacci retracement levels). Bearish engulfing pattern candles has occurred at 129.1740...
FxWirePro: USD/INR remains well supported above 64.25 mark, bias remains bullish
Jul 20, 2017 06:37 am UTC| Technicals
USD/INR is currently trading around 64.38 marks. It made intraday high at 64.40 and low at 64.29 marks. Intraday bias remains bullish till the time pair holds key support at 64.25 marks. Key resistances are...
Jul 20, 2017 06:28 am UTC| Technicals
USD/JPY failed to close below 200-DMA on Wednesdays trade. Yen weakness seen after the Bank of Japan (BoJ) kept policy steady as widely expected. The BOJ scaled back CPI expectations for the sixth time, further...
Jul 20, 2017 06:06 am UTC| Technicals
Gold has once again declined after hitting high of $1244 on account of slight recovery in U.S dollar. The yellow metal formed a minor bottom around $1204 and any minor weakness can be seen only below that level. It is...
FxWirePro: Thai baht trades marginally lower ahead of trade balance data
Jul 20, 2017 05:45 am UTC| Technicals
USD/THB is currently trading around 33.65 marks. It made intraday high at 33.67 and low at 33.58 marks. Intraday bias remains bullish till the time pair holds key support at 33.56 mark. On the top side, key...
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