
FxWirePro: Buy GBP/JPY above 142.60
Feb 14, 2017 08:01 am UTC| Technicals
Major resistance - 142.60 (trend line joining 144.73 and 144.13) Major Intraday support 141.75- 141.90 (200- 4H MA and trend line joining 138.53 and 141.01). GBP/JPY continued its winning streak for past five...

FxWirePro: Prefer to go long on XAG/USD around $17.80 with stop loss at $17.72 and target of $17.98
Feb 14, 2017 07:53 am UTC| Technicals
XAG/USD is currently trading around $17.82 marks. It made intraday high at $17.87 and low at $17.78 levels. Intraday bias remains neutral till the time pair holds key support at $17.72 mark. A daily close...

FxWirePro: EUR/GBP trades in narrow range, focus on UK CPI data
Feb 14, 2017 07:34 am UTC| Technicals
EUR/GBP rangebound in the European session as markets await crucial inflation data due ahead. The pair is hovering around key support by 200-DMA at 0.8444. Violation there could see test of 0.83 (Dec 5...

FxWirePro: USD/ZAR hovers around key support at 13.20 mark, consistent close below targets 13.00
Feb 14, 2017 07:14 am UTC| Technicals
USD/ZAR is currently trading around 13.25 levels. It made intraday high at 13.32 and low at 13.24 levels. Intraday bias remains bearish for the moment. A daily close above 13.32 will take the parity...

FxWirePro: NZD/USD hovers around 38.2% Fib, on track to test 200-DMA at 0.7121
Feb 14, 2017 06:53 am UTC| Technicals
NZD/USD is extending consolidation phase after break below 20-DMA at 0.7237 on Feb 9th. The pair is extending downside in continuation of the Bearish Cypher Pattern. Technical indicators are biased lower, bearish...

Feb 14, 2017 06:52 am UTC| Technicals
GBPAUD rallies have consistently been restrained below EMAs on weekly plotting, dipping constantly through sloping channel, please observe every upswing is restrained below 21 7EMA. On 2H charts, shooting star appears...

FxWirePro: Chinese yuan appreciates on robust CPI data
Feb 14, 2017 06:26 am UTC| Technicals
USD/CNY is currently trading around 6.8730 marks. It made intraday high at 6.8867 and low at 6.8727 levels. Intraday bias remains bearish for the moment. A sustained close above 6.8775 marks will test key...