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GBPJPY breaks major resistance 146.50, jump till 148.80 likely

Apr 03, 2019 09:43 am UTC| Technicals

GBPJPY broken major resistance 146.50 after a long consolidation. It hits high of 147.09 and is currently trading around 147. The jump was mainly due to weakness in yen on account of rising US bond yield and easing...

FxWirePro: NZD/JPY holds 200-DMA support, weakness only on break below

Apr 03, 2019 09:35 am UTC| Technicals

NZD/JPY chart - Trading View NZD/JPY is trading 0.70% higher on the day at 75.73 at 0920 GMT. The pair finds strong support at 200-DMA (currently at 75.05), weakness only on break below. Kiwi buoyed on...

FxWirePro: South African rand rises gradually against U.S. dollar, faces immediate resistance at 14.07 mark

Apr 03, 2019 07:42 am UTC| Technicals

USD/ZAR is currently trading around 14.11 levels. It made intraday high at 14.22 and low at 14.10 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.32 mark. A daily close...

FxWirePro: Chinese yuan rises on strong Caixin services PMI data

Apr 03, 2019 07:21 am UTC| Technicals

USD/CNY is currently trading around 6.7086 marks. It made intraday high at 6.7222 and low at 6.7074 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7422 mark. A sustained...

FxWirePro: EUR/AUD recovery capped at daily cloud, test of 76.4% Fib at 1.5631 likely

Apr 03, 2019 07:11 am UTC| Technicals

EUR/AUD chart - Trading View EUR/AUD recovery capped at daily cloud, intraday bias bearish. Aussie bid in early Asian session on upbeat data from Australia, China and US-China trade optimism. The pair is...

FxWirePro: EUR/JPY Hammer Formations Alerts Interim Upswings but Restrained Below 7-DMA & EMA – Directional Hedge Ahead of Eurozone PMIs

Apr 03, 2019 06:46 am UTC| Technicals

The interim trend:EURJPYforms hammer and dragonfly doji pattern candles at 124.133 and 124.275 levels respectively on daily terms, and hammer at 124.601 level on monthly terms. The formations of above-stated bullish...

FxWirePro: DXY forms shooting star pattern, dip till 96.60 likely

Apr 03, 2019 06:36 am UTC| Technicals

Candlestick pattern- Shooting star DXY has once again lost nearly 30 pips after hitting high of 97.52. The index has formed temporary top around 97.71 on Mar 7th2019 and lost nearly 200 pips from that level till...

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