FxWirePro: AUD/USD intraday upside momentum strong after upbeat Chinese data
Sep 08, 2016 13:59 pm UTC| Technicals
The AUD/USD pair surged higher on Thursday, as the pair got a lift from upbeat Chinas August imports data which unexpectedly rose for the first time in 22 months. The Aussie performed strongly during the Asian, but...

FxWirePro: EUR/PLN breaks 20-DMA support, good to go short on close below
Sep 08, 2016 12:13 pm UTC| Technicals
EUR/PLN extends downside for the 4th consecutive session. Polish Monetary Policy Council left interest rate unchanged at 1.5 percent Wednesday largely in line with expectations. The ECB earlier today maintained...

Sep 08, 2016 12:11 pm UTC| Technicals
Harmonic pattern formed- Bearish Bat pattern Potential Reversal Zone (PRZ) 0.75005 The pair has formed Bearish Bat pattern in daily chart and any further bullishness can be seen only above Potential Reversal...

FxWirePro: AUD/CHF forms Bearish Bat Pattern, good to sell on rallies
Sep 08, 2016 09:54 am UTC| Technicals
Harmonic pattern formed- Bearish Bat pattern. Potential Reversal Zone (PRZ) 0.75005. The pair has formed Bearish Bat pattern in daily chart and any further bullishness can be seen only above Potential Reversal...

EUR/USD trades in narrow range, market awaits ECB for further direction
Sep 08, 2016 08:03 am UTC| Technicals
Major resistance- 1.12630 (50% retracement of 1.16163 and 1.09115). Major support 1.1209 (100- day MA). EUR/USD has broken major resistance at 1.12630 and jumped till 1.12714 yesterday. It is currently trading...

FxWirePro: USD/CNY rejects key support at 6.6560, PBOC sets yuan mid-point at 6.6620
Sep 08, 2016 08:01 am UTC| Technicals
USD/CNY is currently trading around 6.6645 marks. It made intraday high at 6.6688 and low at 6.6600 levels. Intraday bias remains bullish till the time pair holds key support at 6.6560 marks. On the top...

FxWirePro: USD/TRY exhibits range bound movement, bias neutral
Sep 08, 2016 07:12 am UTC| Technicals
USD/TRY is currently trading at 2.9337 levels. It made intraday high at 2.9367 and low at 2.9314 levels. Intraday bias remains neutral till the time pair holds key support at 2.9207 marks. A sustained close...