
FxWirePro: USD/ZAR hits fresh 9-month low at 12.38 mark, stay bearish
Dec 27, 2017 07:51 am UTC| Technicals
USD/ZAR is currently trading around 12.47 levels. It made intraday high at 12.50 and low at 12.38 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.77 mark. A daily close...

FxWirePro: AUD/JPY grinds higher after 'Symmetric Triangle' breakout, good to go long on dips
Dec 27, 2017 06:51 am UTC| Technicals
AUD/JPY has resumed upside after brief consolidation after break at triangle top. The pair has shown a decisive break of Symmetric Triangle pattern and bias remains higher. Technical studies support further...

FxWirePro: GBP/JPY Daily Outlook
Dec 27, 2017 06:33 am UTC| Technicals
Major resistance 151.60 (trend line joining 153.40 and 152). GBP/JPY is consolidating within narrow range almost 80 pips for the past 7 days. The pair is trading between 152.01 and 151.19. It is currently trading...

Dec 27, 2017 06:08 am UTC| Technicals
Cable is trading very flat for the past one week, while the current price behavior forms whipsaws pattern after heavy losses from the peaks of 1.3549 levels in the previous session due to resurfacing political worries...

FxWirePro: Gold Long term Outlook
Dec 27, 2017 05:58 am UTC| Technicals
Gold jumped almost $10 from yesterdays low of $1273. The main reason for jump is due to weakness of US dollar. US dollar index declined almost more than 75 pips from the previous week high of 94.03 and is currently trading...

FxWirePro: AUD/USD extends 200-DMA breakout, hits 9-week highs at 0.7746, bias higher
Dec 27, 2017 05:37 am UTC| Technicals
AUD/USD is extending break above 200-DMA, intraday bias higher. The pair has edged above 38.2% Fib retrace of 0.81250 to 0.75012 fall at 0.77395. Technical studies support upside. Price action has pierced into...

FxWirePro: NZD/USD finds stiff resistance at 0.7059, breakout to propel the pair higher
Dec 27, 2017 05:13 am UTC| Technicals
NZD/USD extends grind higher, holds above 5-DMA which is immediate support at 0.7028. The pair has hit fresh 2-month highs at 0.7052, intraday bias remains higher. Technical studies on weekly charts are bullish,...