FxWirePro: BTC/EUR consolidates break below daily cloud, momentum studies bearish
Mar 16, 2018 07:23 am UTC| Technicals
BTC/EUR is consolidating below daily cloud and 200-DMA, bias bearish. The pair trades with a major bearish bias, scope for break below 6000 levels. Price action has retraced channel breakout and has slipped below...
FxWirePro: Gold takes support near trend line support, good to buy on dips
Mar 16, 2018 07:07 am UTC| Technicals
Gold declined almost more than $13 yesterday on account of strong US dollar and better than expected US economic data. The yellow metal has shown a minor recovery till $1318.25 and is currently trading at $1318.13. DXY has...
Mar 16, 2018 06:42 am UTC| Technicals
Before we begin with this write-up, please glance through the below weblinks where weve raised the red-flags about early signs of CADJPYs...
Mar 16, 2018 06:34 am UTC| Technicals
USD/CNY is currently trading around 6.3246 marks. It made intraday high at 6.3326 and low at 6.3211 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3201 marks will test key...
FxWirePro: NZD/JPY slips below 77 handle, eyes major trendline support at 76, stay short
Mar 16, 2018 06:33 am UTC| Technicals
NZD/JPY grinds lower after rejection at 55-EMA on Tuesdays trade. The pair is extending weakness for 3rd straight session, trade 0.75% lower on the day. The Kiwi has been struggling to get support on the back of...
FxWirePro: AUD/JPY extends weakness below 20-DMA, eyes double bottom at 81.48
Mar 16, 2018 06:13 am UTC| Technicals
AUD/JPY fails to hold break above 20-DMA, extends weakness after multiple doji formations. Price is extending weakness, trades 0.43% lower on the day, bias bearish. Demand for safe-haven Japanese yen rises on...
FxWirePro: Indian rupee trades marginally higher against U.S. dollar, bias remains slightly bearish
Mar 16, 2018 05:42 am UTC| Technicals
USD/INR is currently trading around 64.88 marks. It made intraday high at 65.01 and low at 64.87 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.02 mark. Key resistances...
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