FxWirePro: EUR/USD Daily Outlook
Aug 30, 2018 11:37 am UTC| Technicals
EUR/USD is consolidating break above strong trendline resistance at 1.1685. The pair is on track to close higher for the 3rd straight week. Finds stiff resistance at 21W SMA at 1.1735. Price action is extending...
FxWirePro: AUD/CAD finds strong support at 0.94, break below to see further weakness
Aug 30, 2018 11:11 am UTC| Technicals
AUD/CAD chart on Trading View used for analysis AUD/CAD edges higher from new 25-month lows at 0.9401 and is currently trading at 0.9430. Major Trend in the pair is bearish. We see no signs of reversal in...
FxWirePro: NZD/USD fails to hold above 21-EMA, good to go short below 2H 200 SMA
Aug 30, 2018 09:54 am UTC| Technicals
NZD/USD chart on Trading View used for analysis NZD/USD pauses upside and retraces break above 21-EMA, bias bearish. Kiwi offered across the board in response to dismal NZ business confidence reading. The...
FxWirePro: Silver enjoys roller coaster movement, bias remains neutral
Aug 30, 2018 08:10 am UTC| Technicals
XAG/USD is currently trading around $14.65 marks. It made intraday high at $14.83 and low at $14.61 levels. Intraday bias remains neutral for the moment. A daily close above $14.87 will test key resistances...
Aug 30, 2018 07:30 am UTC| Technicals
NZD/CHF chart on Trading View used for analysis NZD/CHF slumps to 29-month lows at 0.6454, bias highly bearish. Kiwi offered across the board in response to dismal NZ business confidence reading. The ANZ...
FxWirePro: USD/CNY remains well supported above 6.80 mark, PBOC sets yuan mid-point at 6.8113
Aug 30, 2018 07:25 am UTC| Technicals
USD/CNY is currently trading around 6.8292 marks. It made intraday high at 6.8387 and low at 6.8189 levels. Intraday bias remains bullish till the time pair holds key support at 6.7980 marks. A sustained...
Aug 30, 2018 07:15 am UTC| Technicals Insights & Views
Technically, near term resistance is around 1.2965 levelsand one can expect more upswings only upon any convincing break-out above these levels. Minor trend slides through sloping channel. For now, the bulls are activated...
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