Mar 06, 2017 13:11 pm UTC| Technicals
On weekly plotting, the pair forms the triple top pattern which is bearish in nature. With top 1 at 4.5123, top 2 at 4.5391 and top 3 at 4.5064 levels and neckline at 4.2680 levels. Last week it has tested supports...
FxWirePro:US Dollar Index Trade idea
Mar 06, 2017 13:10 pm UTC| Technicals
Major support 101.05 (trend line joining 99.23 and 100.69) Major intraday support 100.60 U.S. Dollar index has taken support near trend line, 21- day EMA and jumped slightly from that level. It is currently...
FxWirePro:US Dollar Index downside capped by 21- day EMA, good to buy on dips
Mar 06, 2017 12:14 pm UTC| Technicals
Major support 101.05 (trend line joining 99.23 and 100.69). Major intraday support 100.60 U.S. Dollar index has taken support near trend line, 21- day EMA and jumped slightly from that level. It is currently...
FxWirePro:USD/CAD forms shooting star in the daily chart, good to sell on rallies
Mar 06, 2017 09:43 am UTC| Technicals
Candlestick Pattern- Shooting star. Lonnie gained almost 279 pips in the previous week on account increasing probability of US Fed rate hike in Mar. BOC kept its interest rates unchanged at 0.5% on Mar 1st policy...
FxWirePro: AUD/JPY finds major support at 86 (50-DMA), further weakness on break below
Mar 06, 2017 09:31 am UTC| Technicals
AUD/JPY capped below 5-DMA, trades rangebound on the day. Doji formed on daily charts. The pair failed to break major trendline resistance at 87.50 on March 3rd, bias remains lower. The Reserve Bank of Australias...
FxWirePro: Swedish krona falls against euro, good to buy on dips
Mar 06, 2017 08:28 am UTC| Technicals
EUR/SEK is currently trading around 9.5409 levels. It made intraday high at 9.5411 and low at 9.5146 levels. Intraday bias remains bullish till the time pair holds key support at 9.5100 marks. A sustained...
FxWirePro: USD/ZAR stabilizes above 13.00 mark, consistent close above targets 13.17
Mar 06, 2017 07:44 am UTC| Technicals
USD/ZAR is currently trading around 13.05 levels. It made intraday high at 13.06 and low at 12.96 levels. Intraday bias remains neutral till the time pair holds key support at 13.00 marks. A daily close...
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