
FxWirePro: AUD/CHF trades in narrow range ahead of RBA, finds major resistance at 0.74
Jul 03, 2017 06:58 am UTC| Technicals
AUD/CHF trades in narrow range ahead of the Reserve Bank of Australias (RBA) monetary policy decision on Tuesday, 4th July. The RBAs commentary has suggested that the housing market boom had been the key reason that...

Jul 03, 2017 06:49 am UTC| Technicals
USD/ZAR is currently trading around 13.08 levels. It made intraday high at 13.08 and low at 13.03 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.13 mark. A daily close...

FxWirePro: Bullish divergence on AUD/NZD, eyes 200-DMA at 1.0611
Jul 03, 2017 06:13 am UTC| Technicals
AUD/NZD has held above major trendline support at 1.0370 and edged higher. The pair is holding above 20-DMA at 1.0459 and is on track to test 200-DMA at 1.0611. Bullish divergence on RSI supports upside in the...

FxWirePro: Indian rupee falls as manufacturing PMI data fails to meet expectations
Jul 03, 2017 06:06 am UTC| Technicals
USD/INR is currently trading around 64.77 marks. It made intraday high at 64.80 and low at 64.64 marks. Intraday bias remains bullish till the time pair holds key support at 64.62 marks. Key resistances are...

FxWirePro: GBP/JPY forms bearish Bat pattern, good to sell on rallies
Jul 03, 2017 05:40 am UTC| Technicals
Harmonic Pattern Bearish Bat pattern Potential Reversal Zone (PRZ)- 148.15 GBP/JPY continuing its bullish trend for past seven trading session. The pair formed minor bottom around 138.67 and jumped till 146.54...

FxWirePro: NZD/USD struggles at 78.6% Fib, upside only on break above
Jul 03, 2017 05:36 am UTC| Technicals
NZD/USD struggles to extend beyond 78.6% Fib retrace of 0.74854 to 0.68176 fall at 0.7342. We see further upside only on break above, scope then for test of weekly 200-SMA at 0.7442. Kiwi bulls remain unimpressed...

FxWirePro: Chinese yuan falls despite higher than expected Caixin manufacturing PMI data
Jul 03, 2017 05:13 am UTC| Technicals
USD/CNY is currently trading around 6.7844 marks. It made intraday high at 6.7870 and low at 6.7757 levels. Intraday bias remains bullish till the time pair holds key support at 6.7600 marks. A sustained...