FxWirePro: NZD/CHF upside capped at 50-DMA at 0.7032, good to go short on break below 0.70
Sep 26, 2017 07:18 am UTC| Technicals
NZD/CHF trades in a narrow range, finds major resistance at 0.7033 (nearly converged 50 and 200 DMAs. Spinning top formation seen on daily charts, strong support lies at 100-DMA at 0.70. The kiwi dented by poor...
FxWirePro: Indian rupee falls gradually against U.S. dollar, hits lowest level since March 2017
Sep 26, 2017 06:54 am UTC| Technicals
USD/INR is currently trading around 65.52 marks. It made intraday high at 65.53 and low at 65.26 marks. Intraday bias remains bullish till the time pair holds key support at 65.37 marks. Key resistances are...
Sep 26, 2017 06:26 am UTC| Technicals
EUR/JPY has failed to extend trendline breakout, has retraced back below major trendline. The single currency dented after the German elections revealed a sharp rise in support for the far-right AfD...
Sep 26, 2017 06:06 am UTC| Technicals
Shooting star pattern candles have occurred at 0.8051 and again at 0.8033 levels on AUDUSD peaks of rallies. Consequently, bears have managed to show their effects by evidencing price dips (refer daily chart). The stiff...
FxWirePro: Gold recovers slightly on increasing geopolitical tensions, good to sell on rallies
Sep 26, 2017 05:58 am UTC| Technicals
Gold prices recovered sharply after hitting four week low on lightly from the 4- week low on Sep 21st 2017 on increasing geopolitical tensions in North Korea. The yellow metal jumped till $1313.52 at the time of writing....
FxWirePro: USD/TWD exhibits range bound movement, bias remains neutral
Sep 26, 2017 05:58 am UTC| Technicals
USD/TWD is currently trading around 30.22 marks. It made intraday high at 30.25 and low at 30.12 marks. Intraday bias remains neutral till the time pair holds key support at 30.10 mark. A daily close above...
FxWirePro: NZD/JPY finds major support at 50-DMA (80.68), good to go short on break below
Sep 26, 2017 05:35 am UTC| Technicals
NZD/JPY is trading in a Rising Wedge pattern, intraday bias bearish. The kiwi dented by poor data and inconclusive election results which culminated in a hung parliament. New Zealand trade balance for August came...
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