
FxWirePro: Nikkei Daily Outlook
Oct 09, 2017 03:40 am UTC| Technicals
Nikkei has shown a minor dip from the high of 20755 on weaker than expected US jobs data. US economy has lost 33000 jobs previous month compared to forecast of 90k due to hurricane Harvey and Irma.Nikkei has formed a...

FxWirePro: US Dollar Index Daily Outlook
Oct 06, 2017 13:03 pm UTC| Technicals
US Dollar index has recovered sharply and has broken 94.15 after US Non-farm payroll. It is currently trading around 94.15. US employment drops 33000 in Sep compared to forecast of 90000 due to Harvey and Irma. But...

Oct 06, 2017 12:22 pm UTC| Technicals
CAD/JPY has formed a temporary top around 91.63 on Sep 15th 2017 and started to decline sharply from that level. The pair has broken the low of 89.84 made on Sep 29th 2017 after weaker than expected trade data from...

FxWirePro: US Oil upside capped by daily Tenkan-Sen, good to sell on rallies
Oct 06, 2017 12:02 pm UTC| Technicals
WTI crude oil has shown a huge jump yesterday after hitting a low of $49.75 as Saudi Arabia and Russia would limit production in next year. But declined sharply from the high of $51.20 level till $50.05. The upside in...

FxWirePro: GBP/AUD holds 38.2% Fib support (1.6783), break below to see test of 200-DMA at 1.6656
Oct 06, 2017 11:44 am UTC| Technicals
GBP/AUD trades largely unchanged on the day, currently at 1.6834 levels. The pair edged higher from session lows at 1.6781, holds 38.2% Fib support. We see back-to-back Doji formations at lows which raises doubts...

FxWirePro: AUD/JPY finds strong support at 87.50, weakness likely on break below
Oct 06, 2017 11:14 am UTC| Technicals
AUD/JPY finds strong support at 87.50 (rising trendline), we see weakness to extend on break below. Aussie extends sell-off in the wake of the latest RBA rate cut talks. Price has edged higher from fresh 3-week...

FxWirePro: AUD/USD breaks below daily cloud, bias lower, 200-DMA at 0.7664 in sight, stay short
Oct 06, 2017 10:41 am UTC| Technicals
Aussie extends sell-off in the wake of the latest RBA rate cut talks. AUD/USD breaks below daily cloud, intraday bias bearish. Technical studies support downside, RSI and Stochs are sharply lower. MACD supports...