FxWirePro: XAG/USD hovers around $17.00 mark, stay bullish only above $17.03 mark
Nov 14, 2017 07:36 am UTC| Technicals
XAG/USD is currently trading around $17.00 marks. It made intraday high at $17.03 and low at $16.96 levels. Intraday bias remains slightly bullish for the moment. A daily close above $17.03 will test key...
FxWirePro: DAX30 downside capped by 20- day MA, good to sell on rallies
Nov 14, 2017 07:27 am UTC| Technicals
DAX has jumped continuously for the past two months and hits fresh 2-1/2 years high at 13534 at Nov 7th 2017 and showing a minor decline from that level. It is currently trading around 13096. The index dipped till...
FxWirePro: South African rand falls gradually against U.S. dollar, stay bullish
Nov 14, 2017 06:58 am UTC| Technicals
USD/ZAR is currently trading around 14.50 levels. It made intraday high at 14.51 and low at 14.44 levels. Intraday bias remains bullish till the time pair holds key support at 14.10 mark. A daily close...
FxWirePro: Cloud caps upside in EUR/GBP, good to go long above 0.8930
Nov 14, 2017 06:54 am UTC| Technicals
EUR/GBP finds stiff resistance at daily cloud, we see further upside only on break above. The pair is holding break above 20-DMA at 0.8871 on Mondays trade. Technically indicators are biased higher, we see scope...
FxWirePro: Buy AUDCHF above 0.7612
Nov 14, 2017 06:52 am UTC| Technicals
Trend line support 0.7595 (trend line joining 0.7507 and 0.75596). AUDCHF has shown a minor break below trend line support and declined till 0.7580. The pair recovered slightly and is trading around 0.76096. The...
Nov 14, 2017 06:28 am UTC| Technicals
The uptrend goes in whipsaws pattern (refer rectangular shaped area), Shooting star gravestone doji have occurred at $57.22 and $57.24 levels respectively to signal weakness. Consequently, the prices have plummeted that...
FxWirePro: NZD/JPY slips below 78 handle, bias lower, stay short
Nov 14, 2017 06:09 am UTC| Technicals
NZD/JPY slips below 78 handle, is on track to test major support at 77. Downbeat China October data dump dents the antipodeans. Chinas Oct retail sales y/y came in at +10.0 vs 10.4% expected and 10.3%...
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