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...
Mar 16, 2018 05:31 am UTC| Technicals
USD/JPY recovered from session lows at 105.78 on upbeat economic data from the US. Jobless Claims and Import Prices were positive and the Empire Manufacturing data was also better than expected. The pair closed...
FxWirePro: DAX30 trades higher, market eyes Eurozone CPI
Mar 16, 2018 05:23 am UTC| Technicals
DAX index was trading slightly higher yesterday and closed at 12345 0.88% higher. US markets was trading mixed with Dow jones showing a minor jump and closed at 24873 (0.47% lower) and SP500 was trading flat at 2747 (0.08%...
FxWirePro: AUD/CHF breaks below 1H 200-SMA, eyes 20-DMA at 0.7367, stay short
Mar 16, 2018 04:43 am UTC| Technicals
AUD/CHF has extended break below hourly cloud, has broken below 1H 200-SMA. Technical indicators on daily charts are turning bearish. 5-DMA has turned and Stochs are showing a rollover from overbought levels. SNB...
FxWirePro: USD/TWD hits fresh 3-week low at 29.07 mark, good to sell on rallies
Mar 16, 2018 04:05 am UTC| Technicals
USD/TWD is currently trading around 29.12 marks. It made intraday high at 29.20 and low at 29.08 marks. Intraday bias remains bearish till the time pair holds key resistance at 29.30 mark. A daily close...
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