FxWirePro: EUR/JPY breaks out of weekly cloud, scope for test of 141 levels, good to long dips
Feb 02, 2018 10:46 am UTC| Technicals
EUR/JPY has shown a breakout above weekly Ichimoku cloud, we see scope for further upside. Technical studies support upside. Momentum studies are bullish. RSI strength seen at 65 levels with room to run...
FxWirePro: AUD/CHF slips below 100W SMA at 0.7467, break below 0.74 to see further weakness
Feb 02, 2018 10:24 am UTC| Technicals
AUD/CHF has broken below major trendline support at 0.75, bias bearish. Price action has slipped below 100W SMA at 0.7467, we see further weakness on breach at 0.74 handle. The pair has dipped below daily Ichi...
Feb 02, 2018 09:51 am UTC| Technicals
USD/CHF is showing a weakness for the past 8 week and hits low of 0.92563. The pair formed temporary top around 1.00390 and declined almost 795 pips from that level. It is currently trading around 0.92785. Market is...
FxWirePro: DASH/USD trades with bearish bias, eyes 200-DMA at 510
Feb 02, 2018 08:52 am UTC| Technicals Digital Currency
DASH/USD capped at 5-DMA, trades with a bearish bias, we prefer to stay short in the pair. Downside has resumed after brief consolidation after 100-DMA break, momentum studies bearish. The pair has hit fresh 2-month...
FxWirePro: GBP/JPY downside capped by 23.6% fibo, good to buy on dips
Feb 02, 2018 08:46 am UTC| Technicals
GBP/JPY has recovered sharply after hitting low of 155.23 yesterday. The pair recovered almost 140 pips. It is currently trading around 156.23. Intraday trend is bearish as long as resistance 155.25 (23.6% 151.97 and...
FxWirePro: AUD/NZD breaks major trendline support, hits 3-week lows at 1.0849
Feb 02, 2018 08:39 am UTC| Technicals
AUD/NZD breaks below major trendline support at 1.0875, bias lower, we prefer to stay short. The pair is extending weakness after break below 20-DMA, hits 3-week low at 1.0849. Price action today remains...
FxWirePro: USD/ZAR moves in stiff boundaries, stay neutral
Feb 02, 2018 06:58 am UTC| Technicals
USD/ZAR is currently trading around 11.92 levels. It made intraday high at 11.92 and low at 11.82 levels. Intraday bias remains neutral for the movement. A daily close above 11.95 will take the parity...
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