Sep 27, 2018 13:17 pm UTC| Technicals
Technically, Bullish candles with big real body take offUSDCADrallies above DMAs, can it be double bottom pattern on intensified bullish momentum? Yes, the pair forms 1st bottom at 1.2887, 2nd bottom at 1.2884...
Sep 27, 2018 09:25 am UTC| Technicals Insights & Views
AlthoughAUDUSDattempted to bounce back yesterday, failure swings were observed exactly at channel resistance. Consequently, sharp shooting star has occurred at 0.7256 levels (refer daily plotting). As a result, the...
FxWirePro: US Dollar index Trade Idea
Sep 27, 2018 07:32 am UTC| Technicals
Major resistance 94.40 (10- day MA) US dollar index recovered sharply almost more than 50 pips from the low of 93.95 made yesterday. US fed hiked interest rates by 25 bpbs to 2.25%. The Feds dot plot expectations...
FxWirePro: USD/ZAR hits fresh 4-week low at $14.08 mark, South Africa’s PPI data in focus
Sep 27, 2018 07:17 am UTC| Technicals
USD/ZAR is currently trading around 14.18 levels. It made intraday high at 14.23 and low at 14.12 levels. Intraday bias remains neutral till the time pair holds immediate support at 14.12 mark. A daily...
FxWirePro: USD/JPY forms Bearish Engulfing pattern, decline till 111.80 likely
Sep 27, 2018 07:06 am UTC| Technicals
Candle stick pattern- Bearish Engulfing pattern Potential Reversal Zone (PRZ)- 113.20 USDJPY has again declined after hitting high of113.12. The previous high was 113.17 high made on Jul 19th2018. It has dropped...
FxWirePro: US Dollar index trades slightly above 10- day MA, jump till 95 likely
Sep 27, 2018 07:03 am UTC| Technicals
Major resistance 94.40 (10- day MA) US dollar index recovered sharply almost more than 50 pips from the low of 93.95 made yesterday. US fed hiked interest rates by 25 bpbs to 2.25%. The Feds dot plot expectations...
FxWirePro: USD/CNY trades in rigid boundaries, PBOC sets yuan mid-point at 6.8642
Sep 27, 2018 06:37 am UTC| Technicals
USD/CNY is currently trading around 6.8748 marks. It made intraday high at 6.8807 and low at 6.8687 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8785 marks will test key...
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