FxWirePro: South Korean won trades almost flat against euro despite robust CPI data
Mar 06, 2018 01:14 am UTC| Technicals
EUR/KRW is currently trading around 1,326 mark. Pair made intraday high at 1,327 and low at 1,326 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,332 mark. A sustained...
Mar 05, 2018 17:20 pm UTC| Technicals
GBP/JPY has shown a minor jump after three days of continuous weakness. The pair jumped nearly 200 pips from the low of 144.98. The pair minor recovery only due to short covering. It is currently trading around...
Mar 05, 2018 11:13 am UTC| Technicals
Chart and candlestick pattern formed: Bearish RSI divergence since March2017 (refer monthly chart). The bulls struggle for momentum despite the formations of the hammer (daily plotting). Hammer pattern candles...
Mar 05, 2018 11:13 am UTC| Technicals
Chart and candlestick pattern formed: Bearish RSI divergence since March2017 (refer monthly chart). The bulls struggle for momentum despite the formations of the hammer (daily plotting). Hammer pattern candles...
FxWirePro: AUD/CAD hovers around major trendline resistance at 1.00, good to go long on break above
Mar 05, 2018 10:55 am UTC| Technicals
AUD/CAD pauses at major trendline resistance at 1.00, breakout could see further bullishness. Technical indicators are biased higher. RSI shows strength at 59 levels. Stochs are biased higher, momentum is...
FxWirePro: USD/CAD trades higher on weak Canadian GDP, good to buy on dips
Mar 05, 2018 10:50 am UTC| Technicals
USD/CAD continuing its bullishness and hits fresh 2018 high at 1.29156 on Friday after slightly weaker than expected Canada GDP data. The pair shown a minor decline from the high. The Canadian dollar down almost 0.80% this...
Mar 05, 2018 10:31 am UTC| Technicals
EUR/JPY extends weakness for 5th consecutive week, bias still bearish. The pair finds strong support at 200W SMA at 129.53. We see further weakness only on decisive break below. The pair has retraced brief dip...
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