
FxWirePro: GBP/NZD rejected at 50-DMA, slips below 5-DMA, bias lower
Jan 04, 2018 08:59 am UTC| Technicals
GBP/NZD is extending downside for 2nd consecutive session after being rejected at 50-DMA. The pair has slipped below 5-DMA and has broken 1.90 handle, bias still lower. Kiwi buoyed by solid China services PMI...

FxWirePro: EUR/USD trades weak on positive US economic data, good to sell on rallies
Jan 04, 2018 08:34 am UTC| Technicals
EUR/USD is consolidating after hitting low of 1.20014 yesterday. The pair declined almost 60 pips after better than expected US ISM manufacturing data and FOMC minutes meeting. It has shown a minor recovery till 1.20380...

FxWirePro: NZD/JPY retakes 80 handle, eyes trendline at 80.60 - stay long
Jan 04, 2018 06:51 am UTC| Technicals
NZD/JPY has retraced losses and edged above 80 handle as antipodeans remain buoyed by solid China services PMI. Chinas Caixin services PMI for December printed at 53.9 beating expectations at 51.8 and compared to 51.9...

FxWirePro: GBP/JPY forms bearish engulfing pattern, good to sell below 151.75
Jan 04, 2018 06:38 am UTC| Technicals
Candle stick pattern Bearish Engulfing pattern. GBP/JPY has formed a minor top of 152.82 yesterday and declined slightly till 151.75 level. The pair is struggling to break above 153 and is currently trading around...

FxWirePro: USD/ZAR trades in narrow range, bias remains neutral
Jan 04, 2018 06:35 am UTC| Technicals
USD/ZAR is currently trading around 12.37 levels. It made intraday high at 12.40 and low at 12.35 levels. Intraday bias remains neutral till the time pair holds key support at 12.26 mark. A daily close...

FxWirePro: NZD/USD retraces losses, kiwi buoyed by solid China services PMI
Jan 04, 2018 06:25 am UTC| Technicals
NZD/USD erased losses and swung back into the positive territory after upbeat China services PMI. A positive Chinese services PMI print followed the release of upbeat Chinese Caixin manufacturing PMI yesterday, lifted...

FxWirePro: NZD/USD retraces losses, kiwi buoyed by solid China services PMI
Jan 04, 2018 06:25 am UTC| Technicals
NZD/USD erased losses and swung back into the positive territory after upbeat China services PMI. A positive Chinese services PMI print followed the release of upbeat Chinese Caixin manufacturing PMI yesterday, lifted...