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FxWirePro: AUD/NZD finds strong support at 1H 200-SMA (1.1022), good to go short on break below

Sep 06, 2017 09:15 am UTC| Technicals

AUD/NZD is extending downside for 3rd consecutive session, trades below 5-DMA. Upside remains capped below major trendline resistance at 1.1150, only breakout above could see extension of upside. RSI and Stochs...

FxWirePro: GBP/USD hits one month high, good to buy on dips

Sep 06, 2017 09:05 am UTC| Technicals

GBP/USD continuing its rally and hits one month high after breaking psychological resistance 1.3000 level yesterday. Cable jumped till 1.30480 highest since Aug 11th in spite of weaker than expected data in construction...

FxWirePro: Silver trades in narrow range, downside limited

Sep 06, 2017 08:35 am UTC| Technicals

XAG/USD is currently trading around $17.90 marks. It made intraday high at $17.92 and low at $17.85 levels. Intraday bias remains bullish till the time pair holds key support at $17.65 mark. A daily close...

FxWirePro: AUD/CAD rejected at highs, cloud weighs on upside, good to short rallies

Sep 06, 2017 08:15 am UTC| Technicals

AUD/CAD rejected at session highs at 0.9926, slips lower to currently trade at 0.9894. Aussie dented after markets were disappointed as Q2 GDP was in line with forecasts. Expectations of an upbeat print were...

FxWirePro: USD/ZAR remains well supported below 13.00 mark, bias remains neutral

Sep 06, 2017 07:55 am UTC| Technicals

USD/ZAR is currently trading around 12.92 levels. It made intraday high at 12.93 and low at 12.89 levels. Intraday bias remains neutral for the moment. A daily close above 12.89 will take the parity...

FxWirePro: NZD/JPY finds major trendline support at 78, weakness only on break below

Sep 06, 2017 06:52 am UTC| Technicals

GDT disappointment keeps kiwi dented, NZD/JPY down 0.14% on the day. On the other side, Yen remains bid as North Korea continues to concern the global arena. The pair has broken below major trendline support at...

FxWirePro: GBP/JPY forms rising wedge pattern, good to buy on dips

Sep 06, 2017 06:49 am UTC| Technicals

GBP/JPY has once again recovered after declining till 141.15 yesterday. The pair has formed rising wedge and any weakness can be seen only below 141.15. It is currently trading around 141.65. The near term resistance...

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