Mar 03, 2017 06:21 am UTC| Technicals
On monthly plotting, shooting star occurred at 21EMA stiff resistance of 87.609 (50% fibos), break above this may continue consolidation phase; failure swings likely to drop below 7EMA. Even on weekly terms,...
FxWirePro: EUR/AUD breaks major trendline resistance at 1.3860, good to go long on dips
Mar 03, 2017 05:58 am UTC| Technicals
EUR/AUD has shown a decisive breakout above major trendline resistance at 1.3860. Bullish RSI divergence and positively bias on other technical indicators support upside in the pair. Eurozone inflation has risen...
FxWirePro: AUD/JPY capped below 20-DMA at 86.67, good to go short on rallies
Mar 03, 2017 05:27 am UTC| Technicals
AUD/JPY failed to break major trendline resistance at 87.50, the pair remains capped below 20-DMA at 86.67. After dismal Australia trade balance Data on Thursday, weaker-than-expected Chinas services PMI data added to...
FxWirePro: XAG/USD hits fresh 3-week low at $17.66, stay bearish
Mar 03, 2017 05:23 am UTC| Technicals
XAG/USD is currently trading around $17.75 marks. It made intraday high at $17.83 and low at $17.71 levels. Intraday bias remains bearish till the time pair holds key resistance at $18.01 mark. A daily close...
FxWirePro: USD/THB stabilizes above 35.00 mark, bias remains bullish
Mar 03, 2017 04:18 am UTC| Technicals
USD/THB is currently trading around 35.05 marks. It made intraday high at 35.06 and low at 35.02 marks. Intraday bias remains slightly bullish till the time pair holds immediate support at 34.97 marks. On...
Mar 03, 2017 03:26 am UTC| Technicals
USD/CNY is currently trading around 6.8997 marks. It made intraday high at 6.9021and low at 6.8867 levels. Intraday bias remains bullish till the time pair holds key support at 6.8779 mark. A sustained close...
FxWirePro: AUD/USD extends slump on poor China services PMI data, eyes 200-DMA at 0.7523
Mar 03, 2017 02:49 am UTC| Technicals
AUD/USD slumped overnight as the bid tone around the US dollar strengthened after the two-year Treasury yield jumped to its highest level since 2009. The pair continues to extend slide in the Asian session today on...
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