FxWirePro: GBP/JPY trades higher after better than expected UK jobs data, good to sell on rallies
Jul 17, 2018 09:07 am UTC| Technicals
GBP/JPY has lost almost 80 pips from the high of 149.31 made yesterday. Rec Cable has shown a minor recovery till 1.32980 and started to decline from that level. UK June jobless change came at +7.8 k compared to forecast...
FxWirePro: NZD/USD breaks above 21-EMA, focus on Powell's testimony for further impetus
Jul 17, 2018 09:04 am UTC| Technicals
NZD/USD erased losses and bounced back to take out 21-EMA resistance at 0.6825. Kiwi was buoyed after RBNZs preferred measure of core inflation hit a 7-year high. Data released earlier today showed NZ Q2 CPI data...
FxWirePro: USD/ZAR trades in narrow range, bias remains neutral
Jul 17, 2018 08:19 am UTC| Technicals
USD/ZAR is currently trading around 13.25 levels. It made intraday high at 13.25 and low at 13.18 levels. Intraday bias remains neutral till the time pair holds key support at 13.16 marks. A daily close...
FxWirePro: USD/ZAR trades in narrow range, bias remains neutral
Jul 17, 2018 08:19 am UTC| Technicals
USD/ZAR is currently trading around 13.25 levels. It made intraday high at 13.25 and low at 13.18 levels. Intraday bias remains neutral till the time pair holds key support at 13.16 marks. A daily close...
FxWirePro: BTC/USD tests key resistance at 50-DMA, break above eyes 6860
Jul 17, 2018 07:35 am UTC| Digital Currency Technicals
BTC/USD broke above the trend line joining 9948.98 and 6820 and hit 6755 levels. It is currently trading at 6678 levels at the time of writing (Bitstamp). On the topside, the pair faces strong resistance at 6718...
FxWirePro: Chinese yaun trades marginally higher on robust house price data
Jul 17, 2018 07:00 am UTC| Technicals
USD/CNY is currently trading around 6.6814 marks. It made intraday high at 6.6895 and low at 6.6744 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.7050 mark. A...
Jul 17, 2018 06:54 am UTC| Digital Currency Technicals
ETH/EUR consolidates break above channel top, bias higher. The pair is trading 1.51% lower on the day, finds strong support at 21-EMA at 396. We find upside remains intact as long as 21-EMA support...