
FxWirePro: NZD/CAD grinds lower along 100-DMA, good to go short on rallies around 0.89
Jan 03, 2018 10:31 am UTC| Technicals
NZD/CAD is extending grind lower along 100-DMA currently at 0.8893. Kiwi largely ignores improvement in milk prices at GDT auction overnight. The Global Dairy Trade Price Index gained 2.2 percent at the first auction...

Jan 03, 2018 09:52 am UTC| Technicals
Candle stick pattern Bearish engulfing pattern (One hour chart) Cable hits high of 1.36125 at the time of writing and shown a minor decline from that level. The slight dip was mainly due to weaker than expected UK...

FxWirePro: GBP/CHF Daily Outlook
Jan 03, 2018 09:23 am UTC| Technicals
GBPCHF is declining after forming a top around 1.34695 on Dec 8th 2017. The pair hits low of 1.3140 and shown a minor jump till 1.32215. It is currently trading around 1.32214. Market awaits major data UK construction...

FxWirePro: AUD/USD retraces brief dip below 5-DMA at 0.7811, eyes 200W SMA at 0.7856
Jan 03, 2018 09:13 am UTC| Technicals
AUD/USD stalled corrective slide near 0.78 handle, edges higher to currently trade at 0.7833 level. The pair retraced brief dip below daily cloud and 5-DMA, bias higher as long as cloud support holds. Strong...

FxWirePro: EUR/USD forms shooting star chart pattern, good to sell on rallies
Jan 03, 2018 08:45 am UTC| Technicals
Candle stick pattern- Shooting Star EUR/USD hits high 1.20813 yesterday which his almost near to 2017 high of 1.20920. The pair has shown a minor sell-off till 1.20265 from that high. The market awaits major releases...

FxWirePro: Indian rupee erases previous gain against U.S. dollar, stay bearish only below 63.32 mark
Jan 03, 2018 08:35 am UTC| Technicals
USD/INR is currently trading around 63.42 marks. It made intraday high at 63.50 and low at 63.35 marks. Intraday bias remains slightly bullish till the time pair holds key support at 63.32 mark. Key...

FxWirePro: AUD/JPY struggles at 61.8% Fib, extends consolidation for 5th straight session
Jan 03, 2018 08:31 am UTC| Technicals
AUD/JPY is struggling to break past 61.8% Fib at 88.03, further upside only on break above. The pair has retraced break above 200W SMA at 88.04, has slipped below 5-DMA. Only decisive break at 200W SMA could see...