
FxWirePro: USD/ZAR trades in narrow range, further upside movement likely
Dec 07, 2018 06:59 am UTC| Technicals
USD/ZAR is currently trading around 14.08 levels. It made intraday high at 14.08 and low at 14.01 levels. Intraday bias remains bullish for the moment. A daily close above 14.03 will take the parity...

FxWirePro: NZD/CHF holds 20-DMA support, break below to see further weakness
Dec 07, 2018 06:39 am UTC| Technicals Research & Analysis
NZD/CHF chart on Trading View used for analysis NZD/CHF pauses downside at 20-DMA support at 0.6822, bias bearish. Technical indicators support weakness. Price was rejected at highs with a Gravestone Doji...

FxWirePro: USD/CNY hovers around 6.88 mark, PBOC sets yuan mid-point at 6.8664
Dec 07, 2018 06:36 am UTC| Technicals
USD/CNY is currently trading around 6.8747 marks. It made intraday high at 6.8894 and low at 6.8667 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 6.8800 marks will...

FxWirePro: Gold trades flat, markets eye US Non Farm Payroll
Dec 07, 2018 06:13 am UTC| Technicals
Gold trades flat after hitting high of $1244 level. The declining US 10 year yield and minor weakness in US dollar. It is currently trading around $1239.66. Markets eye US NFP data for further direction. The major three...

Dec 07, 2018 05:59 am UTC| Technicals
Technical Glance:EURCHFforms bearish engulfing pattern which has nudged price below DMAs. This bearish pattern has occurred at 1.1326 1.1344 levels on 4H plotting and 1.1522 levels that signals weakness in the major...

FxWirePro: AUD/USD rangebound below 38.2% Fib, caution ahead of U.S. Non-Farm payrolls
Dec 07, 2018 05:30 am UTC| Technicals Research & Analysis
AUD/USD chart on Trading View used for analysis AUD/USD is trading in a narrow range, caution ahead of U.S. Non-Farm payrolls data. Dovish comments from RBA deputy governor Debelle coupled with softness in...

FxWirePro: USD/JPY holds cloud support, edges higher as markets await U.S. NFP data
Dec 07, 2018 05:01 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY trades 0.19% higher on the day at 112.86 at the time of writing. The pair has held support at daily cloud and has bounced off major trendline support on...