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FxWirePro: USDCHF breaks flag resistance at 0.9920, jump till 1.00680 likely

Oct 18, 2018 09:01 am UTC| Technicals

Chart pattern- Flag USDCHF has broken major Flag pattern resistance 0.99200 after a long consolidation. The pair was trading between 0.99553 and 0.98478 for past one week. It hits high of 0.99593 and is currently...

FxWirePro: Norwegian krone trades marginally lower against euro, upside limited

Oct 18, 2018 08:20 am UTC| Technicals

EUR/NOK is currently trading at 9.4451 levels. It made intraday high at 9.4561 and low at 9.4321 levels. Intraday bias remains slightly bullish for the moment. A sustained close below 9.4381 will test key...

FxWirePro: EUR/AUD on track to test 50-DMA at 1.60, good to stay short on upticks

Oct 18, 2018 07:24 am UTC| Technicals

EUR/AUD chart on Trading View used for analysis EUR/AUD trades 0.25% lower on the day at 1.6135 at the time of writing. Aussie strength after upbeat jobs data adds to downside pressure in the...

FxWirePro: EUR/USD trades lower on hawkish FOMC minutes and rising Italian bond yield, good to sell on rallies

Oct 18, 2018 07:16 am UTC| Technicals

EURUSD has pared most of its gains made this week. The pair hits high of 1.16212 on Oct 16th2018 and declined more than 100 pips yesterday after Fed meeting minutes. It is currently trading around 1.14849. The FOMC...

FxWirePro: AUD/CAD edges above 21-EMA, continuation of bullish momentum to see test of 23.6% Fib at 0.9373

Oct 18, 2018 06:41 am UTC| Technicals

AUD/CAD chart on Trading View used for analysis AUD/CAD trades 0.40% higher on the day at 0.9293 at the time of writing. The pair has broken above 21-EMA at 0.9276 and we see scope for further...

FxWirePro: USD/ZAR rejects key support at 14.10 mark, bias turns bullish again

Oct 18, 2018 06:30 am UTC| Technicals

USD/ZAR is currently trading around 14.30 levels. It made intraday high at 14.31 and low at 14.22 levels. Intraday bias remains bullish till the time pair holds key support at 14.10 mark. A daily close...

FxWirePro: EUR/NZD holds 55-EMA support, 'Bearish Divergence' keeps scope for downside

Oct 18, 2018 05:54 am UTC| Technicals

EUR/NZD chart on Trading View used for analysis EUR/NZD rejected at session highs at 1.7597, intraday bias bearish. Technical analysis supports downside in the pair. Price action has slipped into daily...

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Technology

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