Apr 23, 2018 06:52 am UTC| Technicals
USDJPY major stiff resistance is observed at 107.856 levels. We spotted out USDJPYs bullish engulfing patterns in our recent posts, ever since then the prices have gone above 7 and 21DMAs, signaling more rallies in the...
FxWirePro: NZD/USD struggles to extend weakness below 0.72 handle, bias lower
Apr 23, 2018 06:33 am UTC| Technicals
NZD/USD is consolidating weakness after breach at Triangle base support. The pair is trading in a narrow range, hit session highs at 0.7218 and lows of 0.7198. Price is currently struggling to extend weakness...
FxWirePro: Gold trades slightly lower on rising US bond yield, good to sell on rallies
Apr 23, 2018 06:22 am UTC| Technicals
Gold declined almost more than $10 from yesterday high of $1346 on account of easing tensions in Middle East and Korea. The easing geo political tensions has reduced demand for safe haven assets like gold, yen and Swiss...
Apr 23, 2018 06:02 am UTC| Technicals
USD/INR is currently trading around 66.27 marks. It made intraday high at 66.29 and low at 66.16 marks. Intraday bias remains bullish till the time pair holds key support at 65.75 mark. Key resistances are...
FxWirePro: AUD/NZD capped at 50-DMA, breakout to see further upside
Apr 23, 2018 05:58 am UTC| Technicals
AUD/NZD is struggling to break above 50-DMA which is stiff resistance at 1.0664. The pair remains capped below 50-DMA for 3rd straight session, we see further upside only on break above. Technical indicators are...
FxWirePro: Nikkei trades lower on tech shares sell off in Wall-Street, good to buy on dips
Apr 23, 2018 05:42 am UTC| Technicals
Nikkei is trading slightly lower following footsteps of US markets. The index declined more than 1% from the recent high of 22351. US markets Dow jones and SP500 has closed marginally weaker around 0.80%. US futures...
Apr 23, 2018 05:07 am UTC| Technicals
AUD/USD pauses downside at major trendline support at 0.7665, break below to see further weakness. The pair is extending weakness after rejection at 200-DMA resistance, breaks below 20-DMA. Technical indicators...
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