FxWirePro: Japanese yen trades marginally lower despite robust retail sales data
Oct 30, 2017 01:08 am UTC| Technicals
USD/JPY is currently trading around 113.74 marks. It made intraday high at 113.83 and low at 113.66 levels. Intraday bias remains neutral till the time pair holds key support at 113.63 marks. A daily close...
FxWirePro: US Dollar Index Daily outlook
Oct 27, 2017 12:43 pm UTC| Technicals
US Dollar index has broken 94.27 high made on Oct 6th 2017. The index jumped till 95 and is currently trading around 94.99. The near term resistance is around 95 and any break above will take the pair till...
Oct 27, 2017 12:19 pm UTC| Technicals
EUR/USD has shown a major slump yesterday after ECB policy meeting. The pair dipped till 1.1615 lowest since Jul 2017 at the time of writing. It is currently trading around 1.16047. ECB tapers Asset purchase program...
FxWirePro: EUR/USD breaks neck line of Head and Shoulder pattern, dip till 1.1400 likely
Oct 27, 2017 11:08 am UTC| Technicals
EUR/USD has shown a major slump yesterday after ECB policy meeting. The pair dipped till 1.1615 lowest since Jul 2017 at the time of writing. It is currently trading around 1.16350. ECB tapers Asset purchase program...
FxWirePro: AUD/CHF hovers around 50-DMA, finds strong support at 0.7610
Oct 27, 2017 11:06 am UTC| Technicals
AUD/CHF hovers around 50-DMA at 0.7648, decisive break above could see upside. The pair is trading in Rising Triangle pattern and finds strong support at 0.7610 (Triangle base). Breach at Triangle base support...
FxWirePro: GBP/USD hits 3- week low, good to sell on rallies
Oct 27, 2017 10:03 am UTC| Technicals
Cable hits 3- week low and has broken major support 1.3100 handle on account strong US dollar and increasing yield spread between US and UK. The pair dipped till 1.30700 and is currently trading around...
FxWirePro: NZD/JPY recovery lacks traction, 5-DMA offers stiff resistance at 78.38
Oct 27, 2017 09:53 am UTC| Technicals
NZD/JPY recovery lacks traction, pair capped below 5-DMA at 78.38. Breach at Wedge Base support at 78.90 keeps scope for downside. Technical studies are bearish, pair has slipped below 38.2% Fib at 78.30. We...
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