
Feb 09, 2018 07:00 am UTC| Technicals
NZD/JPY extends downside in Bearish Cypher pattern, pauses downside at cloud base. Technical indicators are bearish. Break below 61.8% Fib will see further weakness. RSI and Stochs are biased lower. MACD supports...

FxWirePro: USD/CNY trades in narrow range after China’s CPI, PPI data
Feb 09, 2018 06:50 am UTC| Technicals
USD/CNY is currently trading around 6.3214 marks. It made intraday high at 6.3315 and low at 6.3156 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3221 marks will test key...

FxWirePro: AUD/USD on track to test 200-DMA at 0.7752, weakness could accentuate on break below
Feb 09, 2018 06:38 am UTC| Technicals
AUD/USD downside holds just above 200-DMA at 0.7752, bias still bearish. The pair hit 5-week lows of 0.7759 before paring some losses to currently trade at 0.7772 levels. Price has broken support at 50% Fib at...

FxWirePro: DAX30 trades lower on weak global cues, good to sell on rallies
Feb 09, 2018 05:50 am UTC| Technicals
DAX index has declined almost 500 points from the minor top at 12649 made yesterday. SP500 declined sharply till 2581 almost 3.75% yesterday closed at days low. But SP futures is trading slightly positive. Overall trend is...

FxWirePro: AUD/JPY shows breakout at 'Symmetric Triangle' base, bias lower, stay short
Feb 09, 2018 05:42 am UTC| Technicals
AUD/JPY has broken support at Triangle Base at 85.50, scope for further downside seen. Price action has retraced from fresh 3-month lows at 84.38, has held minor support at Nov 28 lows (84.39). We see a spinning...

FxWirePro: Indian rupee erases previous loss against U.S. dollar, short term trend reversal likely
Feb 09, 2018 05:37 am UTC| Technicals
USD/INR is currently trading around 64.36 marks. It made intraday high at 64.62 and low at 64.34 marks. Intraday bias remains bearish till the time pair holds key resistance 64.62 mark. Key resistances are...

FxWirePro: NZD/USD bounces off 55-EMA, bias bearish, break below to test 200-DMA at 0.7147
Feb 09, 2018 05:01 am UTC| Technicals
Kiwi extended downside after dovish RBNZ on Thursday, NZD/USD hit fresh 4-month lows at 0.7176. The pair has edged higher from fresh 4-week lows below 0.72 handle, holds support at 55-EMA (0.7175). Technical...
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