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FxWirePro: AUD/CHF rejected at highs, on track to test 200-DMA at 0.75, good to short rallies

Apr 10, 2017 09:22 am UTC| Technicals

AUD/CHF has been rejected at session highs at 0.7581, intraday bias lower. The pair finds strong support by daily cloud base at 0.7538, break below will accentuate weakness. Technical studies are bearish, break...

FxWirePro: EUR/JPY hovers around 200-DMA, good to go short on close below 117.50

Apr 10, 2017 08:40 am UTC| Technicals

EUR/JPY edges lower from session highs at 118.06, hovers around 200-DMA at 117.68. Data released earlier on Monday showed EU Sentix Investor Confidence came in at 23.9 in April, beat forecasts at 21. The single...

FxWirePro: South Africa's rand weakens more than 1 pct against dollar as Fitch downgrades South Africa

Apr 10, 2017 08:25 am UTC| Technicals

USD/ZAR is currently trading around 13.93 levels. It made intraday high at 13.93 and low at 13.73 levels. Intraday bias remains bullish till the time pair holds key support at 13.65 marks. A daily close...

FxWirePro: USD/CHF faces strong trend line resistance, close above targets 1.0170

Apr 10, 2017 07:29 am UTC| Technicals

Major resistance 1.0120 The pair broken trend line resistance of 1.0090 and jumped till 1.01045 at the time of writing. It is currently trading around 1.00893. US economy has added only 98000 jobs in Mar on...

FxWirePro: NZD/USD edges higher from multi-week lows at 0.6920, bias lower

Apr 10, 2017 07:22 am UTC| Technicals

NZD/USD has edged higher from fresh 4-week lows at 0.6920, bias lower. Better risk environment amid higher Asian equities and oil prices is seeing some upside in the pair. Bearish bias intact as long as the pair...

FxWirePro: USD/CNY hits fresh 4-week high at 6.9107, PBOC sets yuan mid-point at 6.9042

Apr 10, 2017 06:48 am UTC| Technicals

USD/CNY is currently trading around 6.9080 marks. It made intraday high at 6.9107 and low at 6.8977 levels. Intraday bias remains bullish till the time pair holds key support at 6.8887 mark. A sustained...

FxWirePro: NZD/USD shooting star plummets prices, bearish DMA crossover, both leading and lagging oscillators signal more slumps

Apr 10, 2017 06:40 am UTC| Technicals

Please note that shooting star and gravestone doji patterns occurred at major resistance levels of 0.7085 and 0.6969 levels, as a result, bears have managed to plummet prices. Currently, the upswings are likely to...

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Cloudflare shares surged in after-hours trading Thursday after the cloud connectivity and cybersecurity company delivered stronger-than-expected quarterly results, issued upbeat third-quarter guidance and raised its...
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