FxWirePro: NZD/CAD finds stiff resistance at 20-DMA, good to go short on rallies
Jul 25, 2017 10:36 am UTC| Technicals
NZD/CAD finds stiff resistance at 20-DMA at 0.9366, bias lower. The pair has broken major trendline support at 0.9330 and we see scope for further downside. Recovery attempts capped at weekly 5-DMA at 0.9359, further...
FxWirePro: EURUSD forms Bearish pattern, good to sell on rallies
Jul 25, 2017 09:40 am UTC| Technicals
Harmonic Pattern Bearish AB=CD. EUR/USD formed major top around 1.16840 and showing a minor decline from that level. The pair declined till 1.16261 yesterday and shown a minor jump. It is currently trading around...
FxWirePro: AUD/CHF retraces dip below 200-DMA, weakness only on decisive break below
Jul 25, 2017 09:13 am UTC| Technicals
AUD/CHF finds strong support at 200-DMA at 0.7495, we see weakness on break below. The pair has retraced dip below 200-DMA on Fridays trade and is currently trading around 0.7511 levels. Upside finds immediate...
FxWirePro: Turkish lira erases previous gain against U.S. dollar, short term trend reversal likely
Jul 25, 2017 07:55 am UTC| Technicals
USD/TRY is currently trading at 3.5575 levels. It made intraday high at 3.5583 and low at 3.5500 levels. Intraday bias remains bullish till the time pair holds key support at 3.5262 marks. Key resistances...
FxwirePro: Buy USD/CHF on dips
Jul 25, 2017 07:38 am UTC| Technicals
USD/CHF has formed a minor bottom around 0.94385 and slightly recovered from that level. The pair jumped till 0.94747 and is currently trading around 0.94698. In the hourly chart, the pair is slightly trading above...
FxWirePro: NZD/JPY hovers around 20-DMA at 82.50, bias lower
Jul 25, 2017 07:05 am UTC| Technicals
NZD/JPY hovers around 20-DMA at 82.50, extends range trade above weekly 200-SMA. Bearish Bat Pattern on daily charts raises scope for downside in the pair. Break below weekly 200-SMA at 82.27 will accentuate...
FxWirePro: USD/ZAR exhibits range bound movement, South Africa’s unemployment rate in focus
Jul 25, 2017 06:51 am UTC| Technicals
USD/ZAR is currently trading around 12.95 levels. It made intraday high at 12.97 and low at 12.90 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.05 mark. A daily close...
Why spending time and money creating TikToks probably won’t pay off for Labour and Conservatives