
FxWirePro: AUD/NZD faces major trendline resistance at 1.075, good to go long on break above
Mar 01, 2017 07:37 am UTC| Technicals
AUD/NZD bounces off 20-DMA support at 1.0626 on Tuesdays trade. The pair is up 1.03% on the day till now after Aussie was buoyed by upbeat data. Australia Q4 GDP Q/Q increase to 1.1%, beating forecast for 0.7%...

FxWirePro: Chinese yuan falls despite higher than expected CAIXIN manufacturing PMI data
Mar 01, 2017 07:11 am UTC| Technicals
USD/CNY is currently trading around 6.8774 marks. It made intraday high at 6.8819 and low at 6.8664 levels. Intraday bias remains bullish till the time pair holds key support at 6.8610 mark. A sustained...

FxWirePro: AUD/JPY breaks above 'Symmetric Triangle' pattern, good to go long on dips
Mar 01, 2017 06:54 am UTC| Technicals
AUD/JPY breaks above Symmetric Triangle pattern, scope for further gains. Aussie buoyed on robust GDP data and upbeat China Caxin manufacturing PMI data. Australia Q4 GDP Q/Q increase to 1.1%, beating forecasts...

FxWirePro: Sell Gold below $1240
Mar 01, 2017 06:41 am UTC| Technicals
Major resistance - $1265 Major support - $1240 (trend line joining $1180 and $1216). Gold declined sharply after hitting three month high on account of strong U.S dollar. The yellow metal down almost $25 from...

FxWirePro: XAG/USD exhibits range bound movement, bias remains neutral
Mar 01, 2017 06:33 am UTC| Technicals
XAG/USD is currently trading around $18.28 marks. It made intraday high at $18.34 and low at $18.21 levels. Intraday bias remains neutral till the time pair holds key support at $18.20 mark. A daily close...

FxWirePro: USD/JPY breaks 4H 200-SMA as USD recovers Trump-led losses, good to buy dips
Mar 01, 2017 06:13 am UTC| Technicals
USD/JPY edges higher from session lows at 112.76, greenback recovers Trump-led losses. Spot regained upside momentum and rallied to test 4h 200-SMA barrier. Sentiment boosted by Trumps $ 1 trillion boost to the...

Mar 01, 2017 05:49 am UTC| Technicals
On weekly plotting: Railroad pattern at 82.209 levels. Shooting star at 81.018 and 82.220 levels. On monthly terms: Gravestone doji at 81.019 levels. NZDJPY trend has been stuck in the range from last three...