
FxWirePro: CHF/JPY upside capped by 7- day MA, good to sell on rallies
Aug 08, 2017 07:20 am UTC| Technicals
CHF/JPY has formed a major bottom around 113.41 and shown a minor recovery till 114.08 yesterday. It is currently trading around 113.69. The pair upside capped by 7- day MA at 113.95 and any confirm break above will...

FxWirePro: USD/ZAR trades in narrow range, bias remains neutral
Aug 08, 2017 07:12 am UTC| Technicals
USD/ZAR is currently trading around 13.23 levels. It made intraday high at 13.24 and low at 13.19 levels. Intraday bias remains neutral till the time pair holds key support at 13.22 mark. A daily close...

FxWirePro: GBP/AUD capped below 20-DMA at 1.6506, bias lower, stay short
Aug 08, 2017 06:42 am UTC| Technicals
GBP/AUD is trading a narrow range on the day, upside capped below 1.65 handle. Brexit jitters continue to dent GBP, Theresa Mays future as the UKs PM in doubt amid a drop in markets confidence on Mays ability to...

FxWirePro: USD/INR rejects key resistance at 63.92 mark, stay bearish
Aug 08, 2017 06:20 am UTC| Technicals
USD/INR is currently trading around 63.77 marks. It made intraday high at 63.85 and low at 63.75 marks. Intraday bias remains bearish till the time pair holds key resistance at 63.92 marks. Key resistances...

FxWirePro: XAU/USD downside capped by Ichimoku cloud, good to buy on dips
Aug 08, 2017 05:59 am UTC| Technicals
Gold was consolidating yesterday in narrow range after forming a temporary top around $1274 on Aug 1st 2017. The decline in yellow metal was mainly due to better than expected U.S jobs data of Friday. Healthy jobs report...

FxWirePro: AUD/USD holds 20-DMA support, weakness only on break below
Aug 08, 2017 05:51 am UTC| Technicals
AUD/USD holds 20-DMA support at 0.7911, we see weakness only on break below. Aussie was boosted by upbeat Australias business confidence data which printed at 12 vs previous 9. Chinas poor trade data kept upside...

FxWirePro: Kiwi dented by poor China trade data, NZD/USD breaks below 20-DMA, stay short
Aug 08, 2017 05:29 am UTC| Technicals
Kiwi extends weakness ahead of RBNZ, dented by poor China trade data. New Zealand is highly dependent on China for its exports revenues and a big miss on imports weighing down on NZD. Technical studies also...