
FxWirePro: AUD/CAD breaks out of channel top, good to go long on dips
Mar 14, 2018 08:18 am UTC| Technicals
AUD/CAD has shown a decisive breakout at channel top, raising scope for further upside. Canadian dollar weakens on the back of dovish BoC and falling crude oil prices. On the other side, the Aussie remains buoyed...

FxWirePro: Silver trades in narrow range, U.S. retail sales data in focus
Mar 14, 2018 07:59 am UTC| Technicals
XAG/USD is currently trading around $16.57 marks. It made intraday high at $16.63 and low at $16.53 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.67 mark. A daily close...

FxWirePro: GBP/JPY Daily Outlook
Mar 14, 2018 07:11 am UTC| Technicals
GBP/JPY has shown a good jump of almost more than 150 pips yesterday session on account extreme bullishness of GBP against all majors. The pair hits intraday high of 149.37 and shown a minor profit booking from the high....

FxWirePro: AUD/JPY finds strong support at 20-DMA (83.50), weakness only on break below
Mar 14, 2018 07:00 am UTC| Technicals
AUD/JPY slips lower from fresh 3-week highs at 84.52 hit on Tuesdays trade. Downside has held strong support at 20-DMA (currently at 83.50) and we see weakness only on break below. The antipodeans are buoyed from...

Mar 14, 2018 06:37 am UTC| Technicals
EUR/JPY trades in narrow range, capped below 38.2% Fibo at 132.46. The major is hovering around 132 handle, intraday bias remains neutral. Markets await ECB President Draghis speech at the ECB conference hosted...

FxWirePro: USD/ZAR exhibits range bound movement, bias remains neutral
Mar 14, 2018 06:35 am UTC| Technicals
USD/ZAR is currently trading around 11.77 levels. It made intraday high at 11.81 and low at 11.76 levels. Intraday bias remains neutral for the moment. A daily close above 11.92 will take the parity...

Mar 14, 2018 06:28 am UTC| Technicals
GBPJPY interim rallies attempt to spike above 7-DMAs, but that is where the stiff resistance is observed at 149.399 150.420 levels. The frequent occurrence of shooting stars plummets prices well below 7DMAs, on the...