FxWirePro: AUD/CHF slumps massive 1.40 pct on the day, CHF spikes on risk-off
Aug 09, 2017 09:19 am UTC| Technicals
AUD/CHF has slumped a massive 1.40% on the day to hit fresh 2-week lows at 0.7568. The Swiss franc was the top performer on the day, as markets spooked amidst intensifying tensions between US and North...
FxWirePro: AUD/JPY on track to test 50-DMA at 86, stay short
Aug 09, 2017 08:45 am UTC| Technicals
AUD/JPY is hovering around 38.2% Fib at 86.39, bias lower. We see scope for test of 86 levels (50-DMA). Violation there could see drag upto 84.87 (converged 200-DMA and cloud top). The pair is extending downside...
FxWirePro: South African rand erases previous gain against U.S. dollar, bias remains bullish
Aug 09, 2017 08:11 am UTC| Technicals
USD/ZAR is currently trading around 13.43 levels. It made intraday high at 13.45 and low at 13.34 levels. Intraday bias remains bullish till the time pair holds key support at 13.20 mark. A daily close...
FxWirePro: XAG/USD breaks key resistance at $16.42 mark, stay bullish
Aug 09, 2017 07:52 am UTC| Technicals
XAG/USD is currently trading around $16.60 marks. It made intraday high at $16.64 and low at $16.42 levels. Intraday bias remains bullish for the moment. A daily close above $16.42 will test key resistances...
GBP/JPY trades below 89- day EMA, dip till 141.80 likely
Aug 09, 2017 07:47 am UTC| Technicals
Major intraday resistance- 143.55-143.65 (23.6% retracement and 89 EMA). The pair is declining phase and has broken major support of 144 low made on Jul 21st 2017. GBP/JPY declined till 142.46. It is currently trading...
FxWirePro: AUD/NZD upside halts shy of major trendline resistance at 1.0830, bias higher
Aug 09, 2017 07:42 am UTC| Technicals
Mixed Chinese macro news continued to undermine the sentiment around New Zealand dollar. Rising risk-off moods amid fresh geopolitical tensions between the US and North Korea keep higher-yielding currencies like NZD...
fXWirePro: USD/CHF trades lower on safe haven demand, good to buy on dips
Aug 09, 2017 07:25 am UTC| Technicals
Swiss franc recovered sharply against US Dollar yesterday on Geo political tensions between U.S and North Korea. U.S President Donald Trump warned North Korea that U.S is ready to meet threat with fire and fury like world...
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