FxWirePro: EUR/CHF breaks below 38.2% Fib, finds minor support at 1.1446, bias bearish
May 29, 2018 10:14 am UTC| Technicals
EUR/CHF is extending break below 200-DMA, hovers around 38.2% Fib at 1.1476. Price action has broken below major trendline support at 1.1485, bias bearish. The pair has held minor support at 1.1446 (2018 low) and...
May 29, 2018 09:02 am UTC| Technicals
FxWirePro Currency Strength Index for EUR/NZD: Bias Bearish FxWirePros Hourly EUR Spot Index was at -153.714 (Bearish) FxWirePros Hourly NZD Spot Index was at 68.5052 (Neutral) Technical Analysis: Bias Bearish -...
FxWirePro: South African rand depreciates around 1 pct against U.S. dollar, bias remains bullish
May 29, 2018 08:27 am UTC| Technicals
USD/ZAR is currently trading around 12.59 levels. It made intraday high at 12.59 and low at 12.43 levels. Intraday bias remains bullish for the moment. A daily close above 12.46 will take the parity...
FxWirePro: AUD/USD rejected at 23.6% Fib, slips below 21-EMA, good to go short on rallies
May 29, 2018 08:24 am UTC| Technicals
AUD/USD rejected at 23.6% Fib, extends weakness to slip below 21-EMA at 0.7552. Risk-off across markets weighing on the antipodean, we see upside only on break above 0.76 handle. The pair has edged higher from...
FxWirePro: Silver falls noticeably against U.S. dollar, faces strong resistance at $16.48 mark
May 29, 2018 08:08 am UTC| Technicals
XAG/USD is currently trading around $16.35 marks. It made intraday high at $16.48 and low at $16.34 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $16.48 mark. A daily...
FxWirePro: GBP/JPY declines sharply, good to sell on rallies
May 29, 2018 08:05 am UTC| Technicals
GBP/JPY is continuing its weakness and has declined almost more than 200 pips this week on strong dollar. The pair hits low of 143.98 on account of renewed geo political tensions especially Italy political uncertainty. GBP...
May 29, 2018 07:17 am UTC| Technicals Research & Analysis
On daily plotting of NZDUSD, the price in minor trend has tumbled after breaching below channel support. For now, despite minor rallies, more dips likely on failure swings at 21DMA, while shooting star pattern candle has...
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