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FxWirePro: USD/ZAR remains well supported below 13.00 mark, bias remains neutral

Sep 06, 2017 07:55 am UTC| Technicals

USD/ZAR is currently trading around 12.92 levels. It made intraday high at 12.93 and low at 12.89 levels. Intraday bias remains neutral for the moment. A daily close above 12.89 will take the parity...

FxWirePro: NZD/JPY finds major trendline support at 78, weakness only on break below

Sep 06, 2017 06:52 am UTC| Technicals

GDT disappointment keeps kiwi dented, NZD/JPY down 0.14% on the day. On the other side, Yen remains bid as North Korea continues to concern the global arena. The pair has broken below major trendline support at...

FxWirePro: GBP/JPY forms rising wedge pattern, good to buy on dips

Sep 06, 2017 06:49 am UTC| Technicals

GBP/JPY has once again recovered after declining till 141.15 yesterday. The pair has formed rising wedge and any weakness can be seen only below 141.15. It is currently trading around 141.65. The near term resistance...

FxWirePro: AUD/USD drifts in non-directional, popping up with back-to-back spinning top and shooting stars, consolidation phase remains intact

Sep 06, 2017 06:48 am UTC| Technicals

AUDUSD has seemingly moved in non-directional trend after brief downtrend in the recent past. Consequently, bears have managed to show their effects by forming shooting star and spinning top patterns on daily terms (refer...

FxWirePro: USD/SGD breaks key support at 1.3545 mark, stay bearish

Sep 06, 2017 06:36 am UTC| Technicals

USD/SGD is currently trading around 1.3531 marks. It made intraday high at 1.3540 and low at 1.3519 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3572 mark . A daily close...

FxWirePro: AUD/JPY hovers around 20-DMA at 86.74, good to go short on break below

Sep 06, 2017 06:18 am UTC| Technicals

AUD/JPY extends downside after break below 50-DMA at 87.23, bias bearish. The pair is continuing in a possible Bullish Bat formation on daily charts. Markets disappointed as Q2 GDP was in line with forecasts....

FxWirePro: USD/INR breaks key resistance at 64.25 mark, bias remains bullish

Sep 06, 2017 05:58 am UTC| Technicals

USD/INR is currently trading around 64.23 marks. It made intraday high at 64.28 and low at 64.11 marks. Intraday bias remains bullish till the time pair holds key support at 63.99 marks. Key resistances are...

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Technology

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