
FxWirePro: EUR/USD consolidates in narrow range, market eyes US Nonfarm payroll
Jan 05, 2018 07:53 am UTC| Technicals
EUR/USD is consolidating after hitting high of 1.2883 yesterday. The pair declined slightly 30 pips after better than expected US ADP employment data. It is currently trading around 1.20628. US economy has added 250k...

FxWirePro: Chinese yuan rises against U.S. dollar, hits highest level since May 2016
Jan 05, 2018 07:33 am UTC| Technicals
USD/CNY is currently trading around 6.4794 marks. It made intraday high at 6.4933 and low at 6.4780 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5092 mark. A sustained...

FxWirePro: GBP/JPY hits 2- year high, good to buy on dips
Jan 05, 2018 07:29 am UTC| Technicals
Major resistance 153 (trend line joining 151.97 and 152.81). GBP/JPY has broken major resistance 153 yesterday and jumped till 153.34. The pair formed a minor bottom around 151.50 and any major weakness only below...

Jan 05, 2018 07:01 am UTC| Technicals Insights & Views
Ever since a resembling shooting star pattern has occurred at 1322.57 levels, the momentum in the previous rallies seems to be exhausted. As a result, both leading oscillators signal overbought pressures. You can easily...

FxWirePro: USD/JPY breaks above 20-DMA, retakes 113 handle, good to go long on close above
Jan 05, 2018 06:58 am UTC| Technicals
US dollar lifted by upbeat US data, FOMC minutes. Focus now on US NFP data. USD/JPY extends gains for 3rd consecutive session, breaks stiff resistance at 20-DMA (112.93). The major has re-claimed 113 handle, bias...

FxWirePro: USD/INR trades in narrow range, bias remains neutral
Jan 05, 2018 06:36 am UTC| Technicals
USD/INR is currently trading around 63.29 marks. It made intraday high at 63.30 and low at 63.20 marks. Intraday bias remains neutral till the time pair holds key support at 63.20 mark. Key resistances are...

FxWirePro: BTC/EUR capped at 20-DMA, good to short break below 12230
Jan 05, 2018 06:13 am UTC| Technicals Digital Currency
BTC/EUR has seen multiple rejections at 20-DMA which raises scope for more downside in the pair. On the daily charts 20-DMA has turned south, RSI is flat around 50 levels and stochs are approaching overbought...