
FxWirePro: AUD/USD holds above 5-DMA as Aussie ignores weak China PMIs
Jan 02, 2017 04:51 am UTC| Technicals
Technical Analysis: - AUD/USD is holding above 5-DMA support at 0.7196. - Major trendline support seen at 0.7160, weakness only on break below. - RSI has shown a rollover from oversold levels. Stochs are at oversold...

Jan 02, 2017 04:08 am UTC| Technicals
USD/KRW is currently trading around 1,207 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,207 levels. A daily close above 1,207 will drag the parity higher towards key...

FxWirePro: Taiwanese dollar marginally higher in early hours of Asia, bias remains neutral
Jan 02, 2017 02:21 am UTC| Technicals
USD/TWD is currently trading around 32.34 marks. It made intraday high at 32.46 and low at 32.15 marks. Intraday bias remains neutral for the moment. A daily close above 32.46 will drag the parity up towards...

Jan 02, 2017 01:53 am UTC| Technicals
EUR/KRW is currently trading around 1,269 mark. Pair made intraday high at 1,271 and low at 1,266 levels. Intraday bias remains bullish till the time pair holds key support at 1,262 mark. A sustained close...

FxWirePro: Stay short in DXY as bears load up in EOD chartpack
Dec 30, 2016 12:42 pm UTC| Technicals
After the occurrence of whipsaws at peaks of theuptrend in DXY (US dollar index), price declines began to show bearish effects of this pattern (see for whipsaws shown in therectangular shaped area). Gap down opening:...

FxWirePro: AUD/NZD breaks triangle base, but holds 78.6% Fib support
Dec 30, 2016 08:55 am UTC| Technicals
AUD/NZD has broken below triangle base at 1.04 on Wednesdays trade. The pair is currently holding 78.6% Fib at 1.0350, we see weakness on break below. Technical studies are biased lower, any reversal can be seen...

FxWirePro: Buy EUR/USD above 1.05465
Dec 30, 2016 07:09 am UTC| Technicals
Major Intraday Resistance 1.05465 (Gann 3*1 line) Major support 1.0435 (200- H MA) The pair jumped sharply till 1.06530 from the low of 1.03722. EUR/USD has once again slipped from the high of 1.06530 level. It...