FxWirePro: Weekly 200-SMA caps upside in EUR/JPY, further upside only on break above
Aug 16, 2017 10:13 am UTC| Technicals
EUR/JPY is struggling to break above weekly 200-SMA currently at 130.55. We see upside only on decisive close above. The pair is extending consolidation after breaking channel top, bias remains higher. The pair...
FxWirePro: AUD/JPY breaks major resistance at 86.75, good to go long on dips
Aug 16, 2017 08:06 am UTC| Technicals
AUD/JPY has broken major trendline resistance at 86.75, eyes 20-DMA at 87.65. Aussie remains bid against JPY as risk sentiment stabilizes amid fading North Korea tensions and as Australia wage inflation numbers...
FxWirePro: XAG/USD remains well supported above $16.60 mark, good to sell on rallies
Aug 16, 2017 07:48 am UTC| Technicals
XAG/USD is currently trading around $16.65 marks. It made intraday high at $16.69 and low at $16.60 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.80 mark . A daily close...
FxWirePro: USD/ZAR trades in narrow range, bias remains neutral
Aug 16, 2017 06:59 am UTC| Technicals
USD/ZAR is currently trading around 13.30 levels. It made intraday high at 13.32 and low at 13.28 levels. Intraday bias remains bullish for the moment. A daily close above 13.30 will take the parity...
FxWirePro: NZD/JPY forms 'Bullish Cypher' pattern, good to go long on close above 200-DMA at 80.05
Aug 16, 2017 06:50 am UTC| Technicals
NZD/JPY has bounced off from fresh 2-month lows above 0.79 handle, bias remians neutral for now. The pair has formed a Bullish Cypher pattern on daily charts raising scope for upside. Weekly 20-DMA is strong...
FxWirePro: USD/CNY remains well supported above 6.68 mark, PBOC sets yuan mid-point at 6.6779
Aug 16, 2017 06:06 am UTC| Technicals
USD/CNY is currently trading around 6.6875 marks. It made intraday high at 6.6889 and low at 6.6809 levels. Intraday bias remains bullish till the time pair holds key support at 6.6689 mark. A sustained...
FxWirePro: Indian rupee falls against U.S. dollar, faces strong resistance at 64.48 mark
Aug 16, 2017 05:52 am UTC| Technicals
USD/INR is currently trading around 64.26 marks. It made intraday high at 64.36 and low at 64.25 marks. Intraday bias remains bullish till the time pair holds key support at 64.25 marks. Key resistances are...
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