
FxWirePro: USD/JPY breaks above 55-EMA, yen slips on lackluster Japan inflation data
Apr 20, 2018 06:22 am UTC| Technicals
USD/JPY extends gradual grind higher, break above 55-EMA at 107.37, bias higher. Japans headline inflation slowed in March from the previous month, highlighting the central banks struggle to hit its 2 percent...

FxWirePro: Nikkei Daily Outlook
Apr 20, 2018 06:10 am UTC| Technicals
Nikkei has shown a profit booking from one month high on account of minor weakness in US market. The index rose more than 2.5% this week on account of weak yen. US markets Dow jones and SP500 has closed marginally weaker....

Apr 20, 2018 06:02 am UTC| Technicals
Chart and candlestick pattern formed: Minor trend slides through falling wedge and intermediate trend in rising channel. Shooting star and Gravestone doji patterns have occurred at wedge resistance signal weakness (see...

FxWirePro: AUD/NZD holds above 5-DMA, on track to test 55-EMA at 1.0683, stay long
Apr 20, 2018 05:48 am UTC| Technicals
AUD/NZD resumes upside, trades 0.34% higher on the day, bias higher. The pair has paused downside, holds above 5-DMA support, we see minor weakness on break below. Technical indicators are biased higher, momentum...

FxWirePro: EUR/JPY extends sideways, finds stiff resistance at 100-DMA (133.02)
Apr 20, 2018 04:52 am UTC| Technicals
EUR/JPY is extending sideways trade, capped between 100 and 200 DMAs. Technical indicators support upside in the pair and breakout at 100-DMA (currently at 133.02) could see further upside. RSI is above 50 and...

Apr 20, 2018 04:08 am UTC| Technicals
USD/TWD is currently trading around 29.38 marks. It made intraday high at 29.45 and low at 29.38 marks. Intraday bias remains slightly bullish till the time pair holds key support at 29.20 mark. A daily...

FxWirePro:USD/THB continues to trade in rigid boundaries, stay neutral
Apr 20, 2018 03:00 am UTC| Technicals
USD/THB is currently trading around 31.25 marks. It made intraday high at 31.26 and low at 31.23 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.30 mark. On the top side,...