FxWirePro: AUD/JPY finds strong support at 20-DMA (83.50), weakness only on break below
Mar 14, 2018 07:00 am UTC| Technicals
AUD/JPY slips lower from fresh 3-week highs at 84.52 hit on Tuesdays trade. Downside has held strong support at 20-DMA (currently at 83.50) and we see weakness only on break below. The antipodeans are buoyed from...
Mar 14, 2018 06:37 am UTC| Technicals
EUR/JPY trades in narrow range, capped below 38.2% Fibo at 132.46. The major is hovering around 132 handle, intraday bias remains neutral. Markets await ECB President Draghis speech at the ECB conference hosted...
FxWirePro: USD/ZAR exhibits range bound movement, bias remains neutral
Mar 14, 2018 06:35 am UTC| Technicals
USD/ZAR is currently trading around 11.77 levels. It made intraday high at 11.81 and low at 11.76 levels. Intraday bias remains neutral for the moment. A daily close above 11.92 will take the parity...
Mar 14, 2018 06:28 am UTC| Technicals
GBPJPY interim rallies attempt to spike above 7-DMAs, but that is where the stiff resistance is observed at 149.399 150.420 levels. The frequent occurrence of shooting stars plummets prices well below 7DMAs, on the...
FxWirePro: USD/JPY struggles at 20-DMA (106.57), decisive break above required for further upside
Mar 14, 2018 06:19 am UTC| Technicals
USD/JPY fails to hold gains above 20-DMA, slips lower from session highs at 107.29. The pair retreated from highs after US inflation data disappointed bulls. US headline CPI came in at a m/m increase of 0.2% in...
FxWirePro: Gold trades higher on US trade war fear, good to buy on dips
Mar 14, 2018 06:16 am UTC| Technicals
Gold has shown a massive recovery after hitting low of $1313.99 yesterday after US CPI data. The yellow metal hits high of $1329.90 at the time of writing. DXY has shown a 55 pips decline from the yesterdays high of 90.11...
FxWirePro: NZD/USD holds above daily cloud, bias higher, stay long
Mar 14, 2018 05:49 am UTC| Technicals
NZD/USD is extending gains above daily cloud, is trading 0.14% higher on the day. Upside seems to find minor resistance at 0.7354 levels, price has retreated from highs and is currently trading at 0.7335...
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