
FxWirePro: USD/ZAR rejects key support at 12.02 mark, short term trend reversal likely
Jan 23, 2018 08:06 am UTC| Technicals
USD/ZAR is currently trading around 12.10 levels. It made intraday high at 12.11 and low at 12.04 levels. Intraday bias remains slightly bullish till the time pair holds key support at 12.02 mark. A daily...

FxWirePro: USD/CNY remains well supported below 6.40 mark, PBOC sets yuan mid-point at 6.4009
Jan 23, 2018 07:25 am UTC| Technicals
USD/CNY is currently trading around 6.3977 marks. It made intraday high at 6.4052 and low at 6.3900 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.4180 mark. A sustained...

Jan 23, 2018 07:07 am UTC| Technicals
GBP/CAD is trading in an extremely narrow range, struggles to find catalyst for its next move. Upside in the pair remains capped at major trendline resistance at 1.7435. We see resumption of upside on break...

FxWirePro: GBP/JPY break major trend line resistance at 154.90, jump till 156 likely
Jan 23, 2018 07:02 am UTC| Technicals
Trend line breakout: 154.95 (trend line joining 151.93 and 153.41). GBP/JPY continuing its bullish trend for past three days after forming a minor bottom at 153.11.The pair is trading higher and broken 155...

FxWirePro: NZD/CHF capped at 61.8% Fib, breakout to see further upside
Jan 23, 2018 06:43 am UTC| Technicals
NZD/CHF spikes past 5-DMA to hit fresh highs for the week at 0.7066. Upside was capped at 61.8% Fib retrace of 0.72909 to 0.67066 fall at 0.7067. The pair has bounced off 20-DMA with a hammer formation which...

Jan 23, 2018 06:33 am UTC| Technicals
EURJPY trend has been oscillating between the tight range of upside bracket at 136.168 and downside bracket at 135.171 levels (refer 4H chart). At every range resistance, shooting star pattern candles have occurred....

Jan 23, 2018 06:31 am UTC| Technicals
USD/INR is currently trading around 63.74 marks. It made intraday high at 63.87 and low at 63.72 marks. Intraday bias remains bearish till the time pair holds key resistance at 63.96 mark. Key resistances...