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FxWirePro: NZD/CHF hovers around trendline support at 0.6795, break below to see further weakness

Nov 15, 2017 09:38 am UTC| Technicals

NZD/CHF consolidates previous sessions massive slump, trades largely muted on the day. The pair is hovering around major trendline support at 0.6795, break below to see further weakness. Price action has slipped...

FxWirePro: NZD/CAD recovery capped at 5-DMA, bias lower, good to short rallies

Nov 15, 2017 08:45 am UTC| Technicals

NZD/CAD extends grinds lower capped at 5-DMA at 0.8777, bias lower. Recovery in the pair failed at 5-DMA, price action currently down 0.05% on the day. Technical studies are bearish, price action below daily...

FxWirePro: XAG/USD trades in narrow range, stay bearish only below $16.98 mark

Nov 15, 2017 07:52 am UTC| Technicals

XAG/USD is currently trading around $17.04 marks. It made intraday high at $17.06 and low at $16.98 levels. Intraday bias remains neutral till the time pair holds key support at $16.98 mark. A daily close...

FxWirePro: USD/CHF trade well below 20- day MA, dip till 0.9805 likely

Nov 15, 2017 07:24 am UTC| Technicals

USD/CHF has shown a major selling yesterday on account of weak US dollar. US dollar index declined sharply after breaking major support at 94.25 (trend line support) and hits low of 93.70 at the time of writing. The...

FxWirePro: South African rand trades marginally lower against U.S. dollar, stay bullish

Nov 15, 2017 07:07 am UTC| Technicals

USD/ZAR is currently trading around 14.39 levels. It made intraday high at 14.42 and low at 14.34 levels. Intraday bias remains bullish till the time pair holds key support at 14.23 mark. A daily close...

FxWirePro: EUR/USD forms 3-white soldiers to signal strength in rallies, consolidation phase remains intact despite lingering overbought pressures

Nov 15, 2017 07:06 am UTC| Technicals Insights & Views

We foresee the bullish sentiments are likely to intensify especially after the formation of 3-white soldiers pattern. On the flip side, the shooting star has occurred to hamper short-term uptrend sentiments. More...

FxWirePro :EUR/USD breaks major trend line resistance, good to buy on dips

Nov 15, 2017 07:00 am UTC| Technicals

EUR/USD shown a huge jump yesterday after better than expected European economic data. The pair broken the major resistance 1.1730-1.1745 (100- day MA and trend line joining 1.20925 and 1.18580) and jumped till 1.18050...

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