FxWirePro: EUR/GBP extends gradual grind lower along 5-DMA, bias lower, stay short
Mar 23, 2017 07:19 am UTC| Technicals
EUR/GBP is extending a gradual grind lower along 5-DMA, bias remains lower. The pair is on track to test 100-DMA at 0.8573 and finds next major support by daily cloud at 0.86 level. GBP spiked after UK inflation...
FxWirePro: AUD/CAD breaks major trendline support at 1.0225, good to short rallies
Mar 23, 2017 06:59 am UTC| Technicals
AUD/CAD is extending declines for 3rd consecutive session, has broken major trendline support at 1.0225, intraday bias lower. The pair is currently holding above 20-DMA at 1.0189, weakness likely on break...
FxWirePro: USD/CNY remains well supported above 6.87 mark, PBOC sets yuan mid-point at 6.8856
Mar 23, 2017 06:58 am UTC| Technicals
USD/CNY is currently trading around 6.8859 marks. It made intraday high at 6.8930 and low at 6.8777 levels. Intraday bias remains bullish till the time pair holds key support at 6.8750 mark. A sustained...
FxWirePro: AUD/CHF breaks trend line support, decline till 0.7480 likely
Mar 23, 2017 06:53 am UTC| Technicals
Major support 0.7600 (trend line joining 0.74791 and 0.75738). Major intra day resistance 0.7660 (100- 4H EMA). AUD/CHF broken major support of 0.7600 and declined till 0.75850 yesterday. It is currently...
Mar 23, 2017 06:25 am UTC| Technicals
On weekly terms, ever since the bears have managed to reject the previous upswings at stiff resistance at 0.7761 levels, subsequently, we traced out shooting star, gravestone doji and spinning top candles at 0.7659, 0.7666...
FxWirePro: EUR/CAD struggles to hold break above 200-DMA, slips below 5-DMA
Mar 23, 2017 06:20 am UTC| Technicals
EUR/CAD has retraced almost all gains above 200-DMA break. The pair has slipped below 5-DMA and is now struggling to hold above 200-DMA currently at 1.4354. Break below 200-DMA will see areversal to the downside,...
FxWirePro: Silver rises gradually against U.S. dollar, stay bullish
Mar 23, 2017 06:17 am UTC| Technicals
XAG/USD is currently trading around $17.52 marks. It made intraday high at $17.53 and low at $17.49 levels. Intraday bias remains slightly bullish till the time pair holds key support at $17.40 mark. A daily...
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