
FxWirePro: GBP/JPY Daily Outlook
Apr 26, 2018 07:41 am UTC| Technicals
GBP/JPY is consolidating in narrow range between 151.60 and 152.59 for past three trading days. The yen was trading weak against all majors from Friday on account of easing geo political tensions and rising US bond yield....

FxWirePro: Gold Short term Outlook
Apr 26, 2018 07:19 am UTC| Technicals
Gold technical model Gold Monthly chart Looks still bullish and is trading above 10-M and 20- M MA ($1294 $1270). It has formed almost triple top at $1365. Trend -Bullish Gold Weekly chart- It is showing a...

FxWirePro: GBP/NZD extends 'Symmetric Triangle' breakout, bias higher, stay long
Apr 26, 2018 06:57 am UTC| Technicals
GBP/NZD is extending grind higher after breakout at 1.96 (Triangle Top), bias remains higher. The major trades with a bullish momentum, scope for test of 1.98 levels. RSI shows strength at 69 levels with room to...

FxWirePro: USD/ZAR takes halt around 12.50 mark, short term trend reversal likely
Apr 26, 2018 06:55 am UTC| Technicals
USD/ZAR is currently trading around 12.41 levels. It made intraday high at 12.46 and low at 12.40 levels. Intraday bias remains neutral for the moment. A daily close above 12.43 will take the parity...

Apr 26, 2018 06:22 am UTC| Technicals
Chart and candlestick pattern formed Shooting star, spinning top and gravestone doji pattern candles have occurred at stiff resistance levels of 133.087. Bulls shrugging off these bearish patterns as both the leading...

FxWirePro: NZD/CAD tests 200-DMA at 0.9063, break below to accentuate weakness
Apr 26, 2018 06:19 am UTC| Technicals
NZD/CAD slips below 0.91 handle, hits 11-week lows at 0.9060, bias bearish. The pair has broken below daily cloud and 100-DMA, and break below 200-DMA will accentuate weakness. Price action has broken below 200W...

FxWirePro: Nikkei hits fresh 2- month high on account of weak yen, good to buy on dips
Apr 26, 2018 05:56 am UTC| Technicals
Nikkei is continuing its third week of bullishness after hitting low of 20925. The index showing a good strength on account of yen weakness and slight easing of geopolitical tensions. The yen declined sharply against all...