
FxWirePro: NZD/JPY recovery capped at 79 handle, bias bearish, stay short
Feb 13, 2018 06:30 am UTC| Technicals
NZD/JPY minor recovery attempts have been capped below 79 handle. The pair failed to break above and is currently trading at 78.65 levels, down 0.31% on the day. Dovish rhetoric from the RBNZ that sees interest...

FxWirePro: South African rand trades almost flat on geopolitical worries
Feb 13, 2018 06:22 am UTC| Technicals
USD/ZAR is currently trading around 11.94 levels. It made intraday high at 11.99 and low at 11.87 levels. Intraday bias remains neutral for the moment. A daily close above 12.15 will take the parity...

FxWirePro: EUR/NZD finds strong resistance at 1.7060, good to go long on break above
Feb 13, 2018 06:09 am UTC| Technicals
EUR/NZD has been on a gradual uptrend since January lows of 1.6520. We are seeing a slight correction after the pair hit 2-month highs of 1.7102 (Feb 5th). Downside has held above 20-DMA and we see further...

FxWirePro: Gold trades higher on strong yen, good to buy on dips
Feb 13, 2018 05:32 am UTC| Technicals
Gold has recovered almost $14 yesterday 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 yesterday...

FxWirePro: GBP/AUD pauses downside at 20-DMA (1.7577), break below will see further downside
Feb 13, 2018 05:30 am UTC| Technicals
GBP/AUD has taken support at 20-DMA at 1.7577 and edged higher to currently trade at 1.7597 levels. We see this as a temporary pause and break below 20-DMA will see further weakness. The major is extending...

FxWirePro: DAX30 Daily Outlook
Feb 13, 2018 04:54 am UTC| Technicals
DAX index recovered more than 1% yesterday on positive US market. US Dow increased almost 400 points yesterday after huge sell-off in previous week. SP500 futures is showing a minor decline after a good jump till 2670...

FxWirePro: USD/JPY hovers around strong trendline support at 108.40, good to go short on break below
Feb 13, 2018 04:45 am UTC| Technicals
USD/JPY hovers around strong trendline support at 108.40, we see weakness on break below. Technical studies are biased lower, RSI and stochs point south and we see -ve DMI dominance. Price action is below daily...