
FxWirePro: GBP/JPY trades weak, good to sell on rallies
Feb 14, 2018 08:23 am UTC| Technicals
GBP/JPY continuing its weakness for fourth consecutive day and declined almost more than 100 pips for the day in the Asian Session after recovering till 149.87 yesterday. The pair broken the low of 148.88 made on Feb 9th...

FxWirePro: USD/ZAR moves in rigid boundaries, bias remains neutral
Feb 14, 2018 08:20 am UTC| Technicals
USD/ZAR is currently trading around 11.87 levels. It made intraday high at 11.96 and low at 11.85 levels. Intraday bias remains neutral for the moment. A daily close above 12.15 will take the parity...

FxWirePro: NZD/JPY grinds lower along 5-DMA, breaks below daily cloud, bias lower
Feb 14, 2018 06:57 am UTC| Technicals
NZD/JPY grinds lower along 5-DMA, scope for further weakness. Upside in the pair remains capped at 5-DMA at 78.61, doji formation keeps scope for weakness. Minor recovery attempts have been capped below 79...

FxWirePro: Gold trades higher on strong fear factor, good to buy on dips
Feb 14, 2018 06:51 am UTC| Technicals
Gold has jumped almost $15 from yesterday low on increasing markets safety concerns. The yellow metal formed a minor bottom at $1306.95 on Feb 8th 2018 and minor weakness only below that level. The commodity breaks the...

FxWirePro: USD/CNY breaks key resistance at 6.3400 mark, PBOC sets yuan mid-point at 6.3428
Feb 14, 2018 06:44 am UTC| Technicals
USD/CNY is currently trading around 6.3440 marks. It made intraday high at 6.3530 and low at 6.3305 levels. Intraday bias remains bullish for the moment. A sustained close above 6.3379 marks will test key...

FxWirePro: NZD/USD hovers around 20-DMA at 0.7307, breakout to see further upside
Feb 14, 2018 06:10 am UTC| Technicals
NZD/USD struggles to extend break above 20-DMA at 0.7307, break above will see further upside. The pair has edged lower from 2-weke highs at 0.7335, is trading around 0.7310, up 0.50 % at the time of writing. The...

FxWirePro: DAX30 upside capped by 233- day MA, good to sell on rallies
Feb 14, 2018 06:02 am UTC| Technicals
DAX index has closed slightly on the downside yesterday nearly 0.77% lower. But Dow and SP rose slightly on Tuesday for the third consecutive days. Market waits US Consumer price data to be released today for further...