FxWirePro: AUD/CHF upside capped at daily cloud, slumps with 'Shooting Star' formation, bias lower
Jul 11, 2018 09:19 am UTC| Technicals
AUD/CHF extends weakness after upside was rejected at daily cloud. The pair is trading 0.67% lower on the day at 0.7347 at the time of writing. We evidence a Shooting Star pattern formed on the daily charts which...
Jul 11, 2018 09:13 am UTC| Research & Analysis Technicals Fintech Insights & Views
The minor trend of LTCUSD (at BITFINEX) slides through sloping channel, while back-to-back shooting stars and hanging man pattern candlesticks have popped up at channel resistance to nudge price below DMAs, To substantiate...
FxWirePro: XAG/USD remains well supported above $15.90 mark, stay bullish
Jul 11, 2018 09:08 am UTC| Technicals
XAG/USD is currently trading around $15.99 marks. It made intraday high at $16.04 and low at $15.86 levels. Intraday bias remains neutral till the time pair holds immediate support at $15.90 mark. A daily...
Jul 11, 2018 08:11 am UTC| Technicals
USD/ZAR is currently trading around 13.38 levels. It made intraday high at 13.45 and low at 13.25 levels. Intraday bias remains bullish for the moment. A daily close above 13.32 will take the parity...
FxWirePro: BTC/USD finds support at 4h Cloud bottom, break below likely to test 6000
Jul 11, 2018 07:37 am UTC| Digital Currency Technicals
BTC/USD dropped to 6270 levels on Tuesday and closed below 20-DMA at 6299 levels. It is currently trading at 6315 levels at the time of writing (Bitstamp). On the upside, immediate resistance is seen at 6360 levels and...
FxWirePro: NZD/USD slips below 5-DMA at 0.6822, bias turns bearish on rejection at 21-EMA
Jul 11, 2018 07:10 am UTC| Technicals
NZD/USD breaks below 5-DMA support at 0.6822, trades 0.35% lower on the day. The major trend in the pair has been bearish and recovery was capped at 21-EMA. After brief consolidation below 21-EMA, we see that the...
FxWirePro: Chinese yuan falls sharply against U.S. dollar, PBOC sets yuan mid-point at 6.6234
Jul 11, 2018 07:10 am UTC| Technicals
USD/CNY is currently trading around 6.6580 marks. It made intraday high at 6.6783 and low at 6.6295 levels. Intraday bias remains bullish for the moment. A sustained close above 6.6315 marks will test key...
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