
FxWirePro: EUR/JPY ends consolidation phase, 200-W SMA breakout raises scope for upside
Sep 19, 2017 06:46 am UTC| Technicals
EUR/JPY has shown a decisive break above weekly 200-SMA at 130.49 last week. The pair has finally broke the consolidation phase and has hit fresh 21-month highs at 134.14. Technical indicators support upside and...

Sep 19, 2017 06:37 am UTC| Technicals
Gravestone doji has formed at 150.531 levels and the bulls have tested the support exactly at double top neckline, consequently, the rallies intensified ever since the formation of bullish DMA crossover, bull swings shrug...

FxWirePro: CAD/JPY forms shooting star pattern, good to sell on rallies
Sep 19, 2017 06:27 am UTC| Technicals
Candle Stick Pattern- Shooting star CAD/JPY has formed a temporary top around at 91.63 and started to decline from that level. The pair was trading high for more than one month. It has declined till 90.41 and is...

FxWirePro: USD/INR breaks key resistance at 64.22 mark, stay bullish
Sep 19, 2017 06:06 am UTC| Technicals
USD/INR is currently trading around 64.27 marks. It made intraday high at 64.27 and low at 64.18 marks. Intraday bias remains bullish till the time pair holds key support at 64.22 marks. Key resistances are...

FxWirePro: Gold trades well below 20- day MA, market eyes Fed monetary policy
Sep 19, 2017 05:46 am UTC| Technicals
Gold prices declined almost 1% yesterday due to Fed monetary policy meeting. The yellow metal declined almost $16 from the previous day close of $1320. It is currently trading around $1307.40. Fed is expected to keep...

FxWirePro: NZD/CAD holds major trendline support, breaks 20-DMA at 0.8921, bias higher
Sep 19, 2017 05:39 am UTC| Technicals
NZD/CAD has held major trendline support at 0.8740 in last weeks trade. The pair has edged higher to break 20-DMA resistance at 0.8922, bias higher. Technical indicators support upside in the pair. RSI and stochs...

Sep 19, 2017 05:02 am UTC| Technicals
GBP/AUD trades in a narrow range, up 0.12% on the day, bias higher. The pair is extending consolidation after cloud breakout in the previous week. Less than hawkish comments by BoE Governor Mark Carney on Monday...