
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...

FxWirePro: USD/CNY hovers around 6.75 mark, PBOC sets yuan mid-point at 6.7485
Jul 25, 2017 05:57 am UTC| Technicals
USD/CNY is currently trading around 6.7501 marks. It made intraday high at 6.7575 and low at 6.7474 levels. Intraday bias remains neutral for the moment. A sustained close above 6.7511 marks will test key...

FxWirePro: Bearish RSI divergence raises scope for downside in AUD/USD, good to go short on rallies
Jul 25, 2017 05:23 am UTC| Technicals
AUD/USD hovers around 5-DMA at 0.7936, intraday bias lower. We have evidenced Bearish RSI divergence on the 4-hourly charts which raises scope for downside. Upside finds major resistance at weekly 200-SMA at...

FxWirePro: Nikkei Daily Outlook
Jul 25, 2017 05:22 am UTC| Technicals
Nikkei has broken major support at 55- EMA and slightly recovered from that level. The index is expected to trade weak on account of strong yen. The index has formed a temporary top around 20319 and any further bullish...