
FxWirePro: NZD/JPY holds 20-DMA support at 80.17, good to go short on break below
Jan 17, 2018 07:55 am UTC| Technicals
NZD/JPY failed to break stiff trendline resistance currently at 81.15, slips lower. The pair closed below 5-DMA at 80.47 on Tuesdays trade and is currently hovering around 20-DMA. Technical studies on intraday...

USD/CHF faces minor trend line resistance around 0.9640, break above targets 0.9740
Jan 17, 2018 07:39 am UTC| Technicals
USD/CHF has declined sharply till 0.95732 and shown a minor jump from that level. The pair declined almost 275 pips from the temporary top at 0.9845. It has recovered till 0.96385 and is currently trading around...

FxWirePro: USD/ZAR fails to find support below 12.26 mark, stay neutral
Jan 17, 2018 07:16 am UTC| Technicals
USD/ZAR is currently trading around 12.30 levels. It made intraday high at 12.31 and low at 12.21 levels. Intraday bias remains neutral for the moment. A daily close above 12.45 will take the parity...

FxWirePro: BTC/EUR hovers around 100-DMA support, break below to see further downside
Jan 17, 2018 07:00 am UTC| Technicals Digital Currency
BTC/EUR consolidates slump below daily Ichimoku cloud, bias lower. Price action currently hovers around 100-DMA support at 8981, break below to see further weakness. Momentum studies are bearish, Stoch are...

FxWirePro: Gold forms bearish engulfing pattern, good to sell on rallies
Jan 17, 2018 06:52 am UTC| Technicals
Candlestick pattern- Bearish Engulfing pattern (Hourly chart). Gold declined almost $13 from high of $1344 made previous week. The yellow metal is continuing its 6- week winning streak on account of weak U.S dollar....

FxWirePro: Chinese yuan appreciates against U.S. dollar, PBOC sets yuan mid-point at 6.4335
Jan 17, 2018 06:46 am UTC| Technicals
USD/CNY is currently trading around 6.4366 marks. It made intraday high at 6.4415 and low at 6.4185 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.4510 mark. A sustained...

FxWirePro: AUD/NZD breaks above 20-DMA, on track to test 100-DMA at 1.1012
Jan 17, 2018 06:29 am UTC| Technicals
AUD/NZD is extending break above 20-DMA, eyes 100-DMA at 1.1012. The pair was rejected at 200-DMA support and is extending upside for 4th consecutive session. Price action has edged above 5-DMA which is now...