
Mar 28, 2018 06:52 am UTC| Technicals
Chart pattern formed- Hammers have occurred at 1.6905, 1.6913 1.6921 levels and dragonfly dojis at 1.7058 levels (refer daily chart). These bullish patterns evidence rallies, whereas shooting star counters the rallies,...

FxWirePro: GBP/AUD breaks above 38.2% Fib, eyes channel top at 1.8725, stay long
Mar 28, 2018 06:42 am UTC| Technicals
GBP/AUD has shown a break above 38.2% Fibo and has taken out 1.84 handle. The major is currently trading at 1.8466, up 0.20% on the day. The pair is trading in a Rising Wedge pattern and price has shown a break...

Mar 28, 2018 06:42 am UTC| Technicals
USD/INR is currently trading around 64.92 marks. It made intraday high at 64.92 and low at 64.73 marks. Intraday bias remains bullish till the time pair holds key support at 64.60 mark. Key resistances are...

FxWirePro: EUR/CHF consolidates trendline break, minor weakness likely below 5-DMA at 1.1728
Mar 28, 2018 06:17 am UTC| Technicals
EUR/CHF resumes upside after brief dip on Tuesdays trade, bias higher. Technical bias is bullish. Breakout at major trendline resistance at 1.1745 has raised scope for upside. Price has bounces off 20-DMA support...

FxWirePro: USD/CNY breaks stiff movements, PBOC sets yuan mid-point at 6.2785 per U.S. dollar
Mar 28, 2018 05:48 am UTC| Technicals
USD/CNY is currently trading around 6.2788 marks. It made intraday high at 6.2800 and low at 6.2681 levels. Intraday bias remains neutral till the time pair holds key resistance at 6.2815 marks. A sustained...

FxWirePro: DAX30 Daily Outlook
Mar 28, 2018 05:45 am UTC| Technicals
DAX index declined once again after showing a minor pullback. The decline was mainly due to huge sell off in technology stocks in U.S. NASDAQ dropped almost 3% as shares of Apple and Amazon declined. US markets pared its...

FxWirePro: EUR/AUD on track to test 88.6% Fib at 1.6248, stay long
Mar 28, 2018 05:41 am UTC| Technicals
EUR/AUD is trading slightly weaker on the day, down 0.07% at the time of writing. Technical indicators do not show any signs of reversal and we see scope for further upside. The pair is extending breakout above...