FxWirePro: AUD/USD bearish trading and hedging setup on streaks of luring technical indications
Jan 17, 2019 06:44 am UTC| Technicals
The summary of the write-up in one statement: In a nutshell, the double top pattern of this pair looks more superior than hammer formation, bears slide back in the sloping channel on hanging and spinning top Trade one...
FxWirePro: USD/CNY consolidates around 6.77 mark, PBOC sets yuan mid-point at 6.7592
Jan 17, 2019 06:25 am UTC| Technicals
USD/CNY is currently trading around 6.7650 marks. It made intraday high at 6.7675 and low at 6.7445 levels. Intraday bias remains bullish for the moment. A sustained close above 6.7667 marks will test key...
FxWirePro: EUR/GBP consolidates break below 200-DMA, bias lower
Jan 17, 2019 06:24 am UTC| Technicals
EUR/GBP chart on Trading View used for analysis EUR/GBP consolidates break below 200-DMA, intraday bias bearish. Technical studies are bearish, RSI and Stochs are sharply lower. MACD also supports weakness....
FxWirePro: Gold trades flat,further bullishness only above $1300
Jan 17, 2019 06:10 am UTC| Technicals
Gold is trading in narrow range between $1298 and $1276 for past 10 days. The yellow metal recovered nearly $75in the month of Dec on account of dovish Fed and broad based US dollar weakness.It is currently trading around...
FxWirePro: NZD/USD fails to hold break above 200-DMA, stay short on break below 20-DMA (0.6746)
Jan 17, 2019 05:18 am UTC| Technicals
NZD/USD chart on Trading View used for analysis NZD/USD has failed to hold break above 200-DMA, slips lower to currently trade at 0.6744. Antipodeans hit by the latest report that the US-China trade talks could...
FxWirePro: USD/INR back above 71.00 mark, bias remains bullish
Jan 17, 2019 05:06 am UTC| Technicals
USD/INR is currently trading around 71.27 marks. It made intraday high at 71.28 and low at 70.97 marks. Intraday bias remains slightly bullish for the moment. Key resistances are seen at 71.27, 71.48 and...
FxWirePro: USD/JPY recovers from session lows amid risk-off market profile, bias neutral
Jan 17, 2019 04:38 am UTC| Technicals
USD/JPY chart on Trading View used for analysis USD/JPY has recovered from session lows at 108.83 and is currently trading at 109.05 levels. Stock market rally likely put a bid under the greenback overnight,...
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