FxWirePro: AUD/JPY on track to test 200-DMA at 86.0, good to short rallies
Nov 13, 2017 10:13 am UTC| Technicals
AUD/JPY recovery capped below 5-DMA at 87 levels, bias bearish. Technical studies are heavily bearish, RSI and Stochs are sharply lower. Weekly charts also support downside in the pair. RSI biased lower and below...
FxWirePro: GBP/JPY trades well below trend line support, dip till 145 likely
Nov 13, 2017 09:46 am UTC| Technicals
GBP/JPY has shown a slight jump till 149.99 on Friday and declined sharply from that level on UK political uncertainties. The pair broken previous low of 148.45 and declined till 148.18 at the time of writing. It is...
FxWirePro: EUR/CAD takes support at daily cloud, good to go long on break above 20-DMA at 1.4855
Nov 13, 2017 09:43 am UTC| Technicals
50-DMA currently at 1.4738 is major support for EUR/CAD, we see weakness only on break below. Upside has broken above 5-DMA at 1.4782 and is currently hovering around 1.4797 levels. Daily cloud offers strong...
FxWirePro: NZD/USD rejected at 20-DMA (0.6939), good to short rallies
Nov 13, 2017 09:19 am UTC| Technicals
NZD/USD rejected at 20-DMA at 0.6939, we see upside only on break above. Technical studies are turning bearish, only break above 20-DMA at 0.6953 could see further upside. Price action has slipped below 5-DMA at...
FxWirePro: Gold trades lower on rising US bond yield, good to sell on rallies
Nov 13, 2017 09:09 am UTC| Technicals
Gold declined after hitting 3- week high on rising US 10 year bond yields. The yellow metal has dipped till $1273 and is currently trading around $1277. The sharp rise in 10 year bond yield happened after Philadelphia...
Nov 13, 2017 08:31 am UTC| Technicals Insights & Views
The upswings of this pair are restrained below stiff channel resistance at 79.460 levels, thats where shooting star has occurred at 79.351 levels in the past. Last week, the bullish engulfing pattern has occurred at...
FxWirePro: XAG/USD hovers around key support at $16.87 mark, good to sell on rallies
Nov 13, 2017 08:08 am UTC| Technicals
XAG/USD is currently trading around $16.88 marks. It made intraday high at $16.92 and low at $16.81 levels. Intraday bias remains neutral for the moment. A daily close above $16.87 will test key resistances...
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