
FxWirePro: USD/CHF consolidates in narrow range, good to buy on dips
Oct 05, 2017 08:37 am UTC| Technicals
USD/CHF has shown a minor recovery from the low of 0.97096 after better than expected US economic data. US Private jobs added 135k compared 130k for the month of September. US ISM services PMI came at 59.8% compared to...

FxWirePro: NZD/JPY extends slide along 5-DMA, bias lower, good to go short on rallies
Oct 05, 2017 08:05 am UTC| Technicals
NZD/JPY is extending slide lower, remains capped inside daily cloud. 5-DMA is sharply lower and the pair is extending grind along 5-DMA. Downside finds strong support at 80.40 (50-DMA), break below will...

FxWirePro: GBP/JPY breaks major support at 20- day MA, break below targets 147.10
Oct 05, 2017 07:13 am UTC| Technicals
GBP/JPY continuing its losing trend for four consecutive days and has declined after hitting intraday high of 149.90. It is currently trading around 148.58. The pair has formed minor top around 150.24 on Oct 3rd 2017...

FxWirePro: AUD/NZD struggles to hold break above 20-DMA at 1.0946, bias higher
Oct 05, 2017 06:36 am UTC| Technicals
Dismal Australia retail trade data weighing heavily on the Aussie, drags AUD/NZD lower. Australia retail sales posted their biggest fall in about four-and-a-half years, plunging 0.6 percent in August. Downbeat...

FxWirePro: Gold trades flat, market eyes ECB's minutes meeting
Oct 05, 2017 06:23 am UTC| Technicals
shown selling after slightly better than expected US ADP employment data. It is currently trading around $1275 0.09% higher. US private sector adds 135K jobs in Sep compared to forecast of 131K but reading was...

Oct 05, 2017 05:57 am UTC| Technicals Insights & Views
In our previous write up, we traced heaps of bearish indications for NZDUSD, consequently, weve been seeing steep slumps from the last three months. The major trend seems to have been exhausted at 50% Fibonacci...

FxWirePro: GBP/AUD retraces dip below 20-DMA, Aussie under pressure on dismal retail trade data
Oct 05, 2017 05:42 am UTC| Technicals
GBP/AUD pauses downside after 4 successive days of downside, bias still bearish. Dismal Australia retail trade data weighing heavily on the Aussie, pushing the pair higher. Australia retail sales have posted...