
FxWirePro: Chinese yuan appreciates against U.S. dollar, PBOC sets yuan mid-point at 6.4335
Jan 17, 2018 06:46 am UTC| Technicals
USD/CNY is currently trading around 6.4366 marks. It made intraday high at 6.4415 and low at 6.4185 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.4510 mark. A sustained...

FxWirePro: AUD/NZD breaks above 20-DMA, on track to test 100-DMA at 1.1012
Jan 17, 2018 06:29 am UTC| Technicals
AUD/NZD is extending break above 20-DMA, eyes 100-DMA at 1.1012. The pair was rejected at 200-DMA support and is extending upside for 4th consecutive session. Price action has edged above 5-DMA which is now...

FxWirePro: Nikkei down side capped by 200-H EMA, good to buy on dips
Jan 17, 2018 05:35 am UTC| Technicals
Nikkei has shown a minor recovery after hitting low of 23647. The major reason for recovery was due to slight weakness in yen. US dow and SP 500 shown a correction of 385 and 40 pionts from the life time high. It is...

FxWirePro: USD/INR hits fresh 3-week high at 64.12 mark, good to buy on dips
Jan 17, 2018 05:32 am UTC| Technicals
USD/INR is currently trading around 63.96 marks. It made intraday high at 64.08 and low at 63.75 marks. Intraday bias remains bullish till the time pair holds key support at 63.75 mark. Key resistances are...

Jan 17, 2018 05:29 am UTC| Technicals
Chart and candlestick pattern formed- Rising wedge pattern and resembling bearish engulfing candlestick (on weekly plotting), and range bounded pattern (on 2H plotting). Please observe the troughs and tides within a...

Jan 17, 2018 05:28 am UTC| Technicals
AUD/USD upside stalls shy of 0.80 handle. The pair hit fresh 4-month highs at 0.7999. Selling pressure seen at highs, price action has reversed upside and is currently hovering around 0.7953 levels. We see a...

FxWirePro: USD/JPY edges higher from fresh 4-month lows at 110.19, downside intact, stay short
Jan 17, 2018 04:48 am UTC| Technicals
USD/JPY hit fresh 4-month lows at 110.19 before edging higher to currently trade at 110.61 levels. Upside remains capped at 5-DMA at 110.76 and we see downside intact as long as 5-DMA resistance holds. The...