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USDCHF struggles to close below 300-H EMA, jump till 0.9935 likely

Jul 03, 2019 11:05 am UTC| Technicals

USDCHF has halted its 7 days of a winning streak and lost more than 50 pips from the high of 0.98870 made yesterday. The pair has formed a temporary bottom around 0.96900 and shown good recovery of nearly 195 pips on...

Crypto Technicals: BTC/USD stalls downside at 20-DMA, 'Hammer' formation raises scope for upside

Jul 03, 2019 10:40 am UTC| Digital Currency Technicals

BTCUSD Chart -Trading View Exchange - Coinbase Support: 11086 (5-DMA); Resistance: 12907 (Upper BB) Technical Analysis: Bias Neutral BTC/USD extends retrace above 11,000 mark, breaks above 5-DMA. The pair...

FxWirePro: AUD/JPY Daily Outlook

Jul 03, 2019 08:49 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY recovery has likely run out of steam, the pair edges lower for the 3rd straight session. Upside was capped at 55-EMA, technical indicators are turning bearish on the daily...

FxWirePro: South African rand trades marginally lower despite robust standard bank whole econ PMI data

Jul 03, 2019 08:15 am UTC| Technicals

USD/ZAR is currently trading around 14.14 levels. It made intraday high at 14.15 and low at 14.07 levels. Intraday bias remains bullish till the time pair holds key support at 14.02 marks. A daily close...

FxWirePro: GBPJPY hits 2-week low on Safe-haven demand, good to sell on rallies

Jul 03, 2019 07:39 am UTC| Technicals

Major support - 135.35 GBPJPY is trading lower for the past 2 trading days and declined more than 250 pips from a high of 147.77. The decline was due to a slight jump in Safe-haven assets like yen and Gold on global...

FxWirePro: NZD/JPY fails at daily cloud, downside resumption likely on break below

Jul 03, 2019 07:08 am UTC| Technicals

NZD/JPY chart - Trading View NZD/JPY fails to extend break above cloud base, edges lower from 8-week highs at 72.93. The pair has slipped below 55-EMA and 5-DMA supports, scope for further downside. RSI has turned...

FxWirePro: Gold Daily Outlook

Jul 03, 2019 06:34 am UTC| Technicals

Gold has shown a massive recovery of more than $50 from low of $1381.50. The jump was mainly due to declining US 10 year bond yield. It has broken major support 1.97% low made on Jun 20th and hits low of 1.95% lowest level...

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