FxwirePro: Buy USD/CHF on dips
Jul 25, 2017 07:38 am UTC| Technicals
USD/CHF has formed a minor bottom around 0.94385 and slightly recovered from that level. The pair jumped till 0.94747 and is currently trading around 0.94698. In the hourly chart, the pair is slightly trading above...
FxWirePro: NZD/JPY hovers around 20-DMA at 82.50, bias lower
Jul 25, 2017 07:05 am UTC| Technicals
NZD/JPY hovers around 20-DMA at 82.50, extends range trade above weekly 200-SMA. Bearish Bat Pattern on daily charts raises scope for downside in the pair. Break below weekly 200-SMA at 82.27 will accentuate...
FxWirePro: USD/ZAR exhibits range bound movement, South Africa’s unemployment rate in focus
Jul 25, 2017 06:51 am UTC| Technicals
USD/ZAR is currently trading around 12.95 levels. It made intraday high at 12.97 and low at 12.90 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.05 mark. A daily close...
FxWirePro: NZD/USD consolidating break above 'Triple Top', weakness only on retrace below 0.7385
Jul 25, 2017 06:40 am UTC| Technicals
NZD/USD is seen consolidating upside after break above Triple Top on Friday last week. Modest pickup in the US Treasury bond yields helped the greenback stage a minor recovery and weighed on higher yielding...
Jul 25, 2017 06:33 am UTC| Technicals
This month the rallies have hit multi-months highs. The minor trend goes non-directional, bearish RSI divergence MACD signals weakness, swings likely to remain in range. Today, after the test of strong support at 0.79...
FxWirePro: Gold hits one month high, market eyes Fed policy
Jul 25, 2017 06:32 am UTC| Technicals
Gold hits one month high and slightly consolidating at this level for past two days .Market eyes Fed monetary policy meeting which is going to happen on Wed .The yellow metal hits high of $1258 and is currently trading...
FxWirePro: AUD/JPY trades narrow range below 5-DMA, bias lower, stay short
Jul 25, 2017 05:58 am UTC| Technicals
AUD/JPY rejected at weekly 200-SMA, edges lower with Doji formation on weekly and daily charts. Intraday bias has turned bearish with rollover of RSI and Stochs from overbought levels. 5-DMA has turned and MACD is on...