FxWirePro: Aussie strengthens in early Asia on robust NAB business confidence data
Nov 14, 2017 01:39 am UTC| Technicals
AUD/NZD is currently trading around 1.1085 marks. Pair made intraday high at 1.1088 and low at 1.1034 marks. Intraday bias remains bullish till the time pair holds key support at 1.1010 mark. A sustained...
FxWirePro: S&P 500 breaks minor trend line support, dip till 2543 likely
Nov 13, 2017 13:03 pm UTC| Technicals
SP has formed a temporary top around 2596 and is showing a minor decline from that level. The index broken minor trend line support at 2581 and declined till 2573. It is currently trading around 2575. The index is...
Nov 13, 2017 12:59 pm UTC| Technicals
Chart pattern formed- falling wedge pattern. Please be noted that the back to back shooting star patterns have occurred exactly at this juncture and they have shown their bearish effects so far. Major supports are...
FxWirePro: USD/CHF declines slightly on safe haven demand, good to sell on rallies
Nov 13, 2017 12:25 pm UTC| Technicals
USD/CHF has shown a minor jump after forming a bottom around 0.99218 on Nov 9th 2017 low. The pair declined till 0.99218 and is currently trading around 0.99380. GOP Senate leaders announced a tax package that it will...
Nov 13, 2017 12:07 pm 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: Sell EUR/USD on rallies
Nov 13, 2017 11:59 am UTC| Technicals
Major resistance 1.1700 EUR/USD has shown a minor recovery till 1.06800 after US Senate confirmed slight delay in tax reform. The pair declined from the high. ECB vice president Constancio is scheduled to speak later...
Nov 13, 2017 11:17 am UTC| Technicals
FxWirePros Hourly Currency Strength Index bias for NZD/JPY: Bearish FxWirePros Hourly NZD Spot Index was at -82.0401: Bearish FxWirePros Hourly JPY Spot Index was at 106.336: Bullish Technical Analysis: Bias...
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