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FxWirePro: USD/ZAR moves in stiff boundaries, consistent close above 14.50 targets 14.94 mark

Mar 11, 2019 07:16 am UTC| Technicals

USD/ZAR is currently trading around 14.42 levels. It made intraday high at 14.45 and low at 14.40 levels. Intraday bias remains slightly bullish till the time pair holds key support at 14.27 mark. A daily...

FxWirePro: USDCHF declines slightly from 4-month high on weak US jobs data, good to buy on dips

Mar 11, 2019 07:14 am UTC| Technicals

USDCHF has halted its 6 day of consecutive up trend. The pair recovered sharply almost 200 pips from low of 0.99264 on easing trade tensions and broad based US dollar buying. It hits high of 1.01242 almost a double top...

FxWirePro: EUR/JPY extends recovery from 3-week lows, 'Dragonfly Doji' formation raises scope for upside

Mar 11, 2019 06:55 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY is extending recovery from 3-week lows at 124.27 hit on Thursdays trade. The pair bounced off with a Dragonfly Doji formation on Fridays trade, raising scope for further...

FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.7202

Mar 11, 2019 06:34 am UTC| Technicals

USD/CNY is currently trading around 6.72 marks. It made intraday high at 6.7243 and low at 6.7183 levels. Intraday bias remains neutral for the moment . A sustained close above 6.7200 marks will test key...

FxWirePro: NZD/USD bounces off 200-DMA support, decisive break above 0.68 to see further upside

Mar 11, 2019 06:16 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD is trading around 0.68 handle at 0545 GMT, up 0.02% at the time of writing. The pair has bounced off strong support at 200-DMA and we see weakness only on break...

FxWirePro: USD/JPY hammer prolongs range-bounded trend, bulls bank on 21-DMAs but unlikely to drag – Trade tunnel spread and short hedge

Mar 11, 2019 05:59 am UTC| Technicals

A Glance at Technical Analysis: USDJPYminor trend has spiked above DMAs upon the formation of the hammer at 107.656 levels, shooting star counters at 111.882 levels. While bulls are attempting to test support at...

FxWirePro: USD/INR stabilizes below 70.00 mark, good to sell on rallies

Mar 11, 2019 05:29 am UTC| Technicals

USD/INR is currently trading around 69.87 marks. It made intraday high at 69.98 and low at 69.79 marks. Intraday bias remains bearish for the moment. Key resistances are seen at 70.20, 70.51, 70.68 and 70.85...

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