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FxWirePro: EUR/GBP struggles at 100-DMA at 0.8956, break above eyes trendline at 0.90

Nov 27, 2017 06:49 am UTC| Technicals

EUR/GPB takes 20-DMA support and edges higher, we see scope for further upside. Price action has broken into daily cloud and is currently hovering around 100-DMA resistance at 0.8956. The pair is extending German...

FxWirePro: NZD/USD bears activate at wedge resistance, flurry of bearish patterns occur to hamper consolidation phase in major trend – Tunnel spreads to trade

Nov 27, 2017 06:46 am UTC| Technicals

Before emphasizing on the core areas of NZDUSD technicals, we want you to know that the pair for the day has stalled last weeks rallies and stuck between 0.6850 and 0.6900 (i.e. between 21DMA 7DMA). From last Friday,...

FxWirePro: USD/CNY hovers around 6.6000 mark, PBOC sets yuan mid-point at 6.5874

Nov 27, 2017 06:31 am UTC| Technicals

USD/CNY is currently trading around 6.6002 marks. It made intraday high at 6.6047 and low at 6.5957 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.5747 mark. A...

FxWirePro: NZD/CHF hovers around 38.2% Fib, weakness likely on break below

Nov 27, 2017 06:19 am UTC| Technicals

NZD/CHF trades an extremely narrow range on the day, makes an intraday high of 0.6741 and low of 0.6717. Kiwi remains under pressure on dismal Chinese industrial profits data and NZ Q3 retail sales report...

FxWirePro: GBP/JPY struggles to break above trend line resistance, good to sell on rallies

Nov 27, 2017 05:59 am UTC| Technicals

Major Resistance 149 (Trend line joining 150.32 and 149.37). GBP/JPY has jumped slightly till 148.85 after making a low of 147.81 on Friday. It is currently trading around 148.35. The pairs minor weakness can be...

FxWirePro: NZD/USD breaks below 5-DMA at 0.6867, intraday bias neutral

Nov 27, 2017 05:36 am UTC| Technicals

NZD/USD down 0.22% on the day, extends downside for 2nd consecutive session. Selling pressure seen around the NZD gathered steam in Asia, Dismal Chinese industrial profits data and NZ Q3 retail sales report...

FxWirePro: USD/INR rejects key support at 64.52 mark, intraday bias remains slightly bullish

Nov 27, 2017 05:33 am UTC| Technicals

USD/INR is currently trading around 64.73 marks. It made intraday high at 64.82 and low at 64.54 marks. Intraday bias remains bullish till the time pair holds key support at 64.52 mark. Key resistances are...

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Science

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Technology

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