
FxWirePro: USD/ZAR hits fresh 3-month low at 13.63 mark, South Africa’s PPI data in focus
Nov 29, 2018 08:26 am UTC| Technicals
USD/ZAR is currently trading around 13.63 levels. It made intraday high at 13.78 and low at 13.62 levels. Intraday bias remains bearish for the moment. A daily close above 13.73 will take the parity...

S&P500: Double Top and 2618 trade setup
Nov 29, 2018 07:57 am UTC| Technicals
Double top -2818 61.8% retracement of 2818 and 2626 - 2745. SP500 has shown a massive jump yesterday of more than 2% almost 60 points form low of 2681 level. The index hits high of 2745 and shown a minor...

Nov 29, 2018 07:53 am UTC| Technicals
USDCAD has halted its bullish run after a three days continuous upside. The pair hits 5- month high at 1.3359 and shown a massive sell-off after Fed Powell speech. Loonie hits low of 1.32422 and is currently trading around...

FxWirePro: AUD/USD breaks above 110-EMA, test of 200-DMA likely
Nov 29, 2018 07:11 am UTC| Technicals Research & Analysis
AUD/USD chart on Trading View used for analysis AUD/USD extends previous sessions gains, trades 0.22% higher at 0.7320. Australias Q3 capex spending edged lower, down 0.5%. The outcome was weaker than expected...

FxWirePro: USD/CNY back below 6.94 mark, PBOC sets yuan mid-point at 6.9353
Nov 29, 2018 07:02 am UTC| Technicals
USD/CNY is currently trading around 6.9382 marks. It made intraday high at 6.9538 and low at 6.9356 levels. Intraday bias remains bearish for the moment. A sustained close above 6.9533 marks will test key...

FxWirePro: GBP/NZD Near-Term Outlook
Nov 29, 2018 06:50 am UTC| Technicals Research & Analysis
GBP/NZD chart on Trading View used for analysis FxWirePro Currency Strength Index for GBP/NZD: Bias Bearish FxWirePros Hourly GBP Spot Index was at -64.2315 (Neutral) FxWirePros Hourly NZD Spot Index was at 104.013...

FxWirePro: USD/CHF trades lower on broad based US dollar selling, good to sell on rallies
Nov 29, 2018 06:25 am UTC| Technicals
USD/CHF shown a minor jump above 1.000 level and not able hold above that level on account of dovish Fed Chairman statement. Fed Chairman Powell said that interest rates are below neutral level and this indicates that Fed...