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FxWirePro: EUR/KRW hovers around key support at 1,342 mark, sustained close below targets 1.326 mark

Oct 03, 2017 01:55 am UTC| Technicals

EUR/KRW is currently trading around 1,343 mark. Pair made intraday high at 1,345 and low at 1,340 levels. Intraday bias remains neutral till the time pair holds key support at 1,342 mark. A sustained close...

FxWirePro: AUD/USD holds major support at 0.78, focus on RBA policy meet

Oct 03, 2017 01:30 am UTC| Technicals

Aussie extends weakness ahead of RBA rate decision, AUD/USD down 0.16% on the day. The pair finds major support on the downside at 0.78 handle which is also daily cloud base support. Technical studies are heavily...

FxWirePro: Kiwi falls against major peers as business confidence, capacity utilisation data fail to meet expectations

Oct 03, 2017 01:17 am UTC| Technicals

AUD/NZD is currently trading around 1.0884 marks. Pair made intraday high at 1.0891 and low at 1.0873 marks. Intraday bias remains neutral till the time pair holds key support at 1.0852 mark. A sustained...

FxWirePro: After streaks of bearish indications in AUD/NZD, major trend hovers at sloping channel resistance, minor trend slides below DMAs but tests strong support

Oct 02, 2017 15:10 pm UTC| Technicals Insights & Views

On daily terms, the stiff resistance is rejected at 1.1142 levels. That is where, weve already stated that the series of bearish pattern candlesticks, such as, Shooting stars, hanging man the bearish engulfing candles...

FxWirePro: USD/ZAR remains well supported above 13.50 mark, intraday bias remains bullish

Oct 02, 2017 07:33 am UTC| Technicals

USD/ZAR is currently trading around 13.63 levels. It made intraday high at 13.63 and low at 13.51 levels. Intraday bias remains bullish till the time pair holds key support at 13.50 mark. A daily close...

AUD/USD shooting stars act as per FxWirePro’s whims and fancy, bears shrug off hammer formation – Use tunnel spreads as more dips on cards upon bearish DMA crossover

Oct 02, 2017 06:37 am UTC| Technicals

Shooting star pattern candles have occurred at 0.8051 and again at 0.8033 levels on AUDUSD peaks of rallies. Consequently, bears have managed to show their effects by evidencing price dips (refer daily chart). The stiff...

FxWirePro: XAG/USD hits fresh 2-month low at $16.52 mark, good to sell on rallies

Oct 02, 2017 06:34 am UTC| Technicals

XAG/USD is currently trading around $16.56 marks. It made intraday high at $16.64 and low at $16.52 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.87 mark. A daily close...

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