
FxWirePro: EUR/NOK hits fresh 10-month high at 9.8589 mark, stay bullish
Dec 18, 2018 08:34 am UTC| Technicals
EUR/NOK is currently trading at 9.8589 levels. It made intraday high at 9.8589 and low at 9.7998 levels. Intraday bias remains bullish for the moment. A sustained close below 9.8068 will test key supports at...

FxWirePro: USD/ZAR remains well supported below 14.50 mark, short term trend reversal likely
Dec 18, 2018 07:55 am UTC| Technicals
USD/ZAR is currently trading around 14.30 levels. It made intraday high at 14.40 and low at 14.30 levels. Intraday bias remains slightly bearish for the moment. A daily close above 14.39 will take the...

Dec 18, 2018 07:05 am UTC| Technicals
USDCHF has declined more than 50 pips from yesterdays high of 0.9989. Swiss franc was trading higher against all majors on increasing safe demand. The global sell-off and Brexit uncertainty has increased demand for safe...

FxWirePro: Tug of war between USD/JPY hammer and hanging man, can bulls hold onto channel support?
Dec 18, 2018 07:02 am UTC| Technicals
A Glance at Technical Analysis: USDJPYminor trend has been spiking through rising channel, more slumps likely as both leading oscillators indicate overbought pressures and the current price has slid below DMAs. Bulls...

FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.8854
Dec 18, 2018 06:59 am UTC| Technicals
USD/CNY is currently trading around 6.8984 marks. It made intraday high at 6.8985 and low at 6.8879 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8961 marks will test key...

FxWirePro: GBP/JPY upside capped by 20 day MA, good to sell on rallies
Dec 18, 2018 06:30 am UTC| Technicals
GBPJPY is trading lower for third consecutive day and has lost more than 180 pips in this week.The decline was mainly due to huge sell-off in US markets has increased demand for safe haven asset such as god, yen etc. But...

FxWirePro: EUR/JPY breaks major trendline support at 127.90, scope for test of 78.6% Fib
Dec 18, 2018 06:22 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis EUR/JPY is extending weakness for the 3rd straight session, trades 0.22% lower at 127.74. The Japanese yen remains bid amidst risk-off in markets, ignores downward...