FxWirePro: GBP/JPY hits fresh 10- month high, good to sell on rallies
Sep 15, 2017 07:01 am UTC| Technicals
The pair continued its winning streak for fifth consecutive days on account hawkish statement by BOE in yesterday meeting. The pair has broken major resistance at 148 and hits almost 10 month high at 148.90 It is currently...
FxWirePro: EUR/AUD bounces off daily cloud, intraday bias neutral
Sep 15, 2017 06:41 am UTC| Technicals
EUR/CAD bounces of daily Ichi cloud with Doji formation at lows. The pair strong support at 100-DMA at 1.4865 and only decisive break below will see further weakness. The pair is currently hovering around 1.49...
FxWirePro: Indian rupee strengthens against U.S. dollar, intraday bias remains bearish
Sep 15, 2017 06:36 am UTC| Technicals
USD/INR is currently trading around 64.10 marks. It made intraday high at 64.21 and low at 64.10 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.28 marks. Key resistances...
Sep 15, 2017 06:10 am UTC| Technicals Insights & Views
On EURJPY rallies, bearish pattern candlesticks such as, shooting star, gravestone doji and hanging man candles have occurred at 131.1070, 130.2580 and 131.540 levels respectively. These bearish patterns hamper the...
FxWirePro: Gold recovers on renewed North Korea tension, good to buy on dips
Sep 15, 2017 06:04 am UTC| Technicals
Gold halts its losing streak yesterday after hitting low of $1315.49. The yellow metal declined sharply after better than expected US CPI data. The yellow metal jumped almost $20 from the low and is currently trading...
FxWirePro: GBP/AUD capped at 100-DMA, further upside only on break above
Sep 15, 2017 05:48 am UTC| Technicals
GBP/AUD upside post BoE rate decision and hawkish guidance paused at 100-DMA at 1.6790. BoE left policy unchanged with a vote 7-2 to keep interest rates at record low level of 0.25%, as widely expected. The...
FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.5423
Sep 15, 2017 05:35 am UTC| Technicals
USD/CNY is currently trading around 6.5495 marks. It made intraday high at 6.5519 and low at 6.5419 levels. Intraday bias remains neutral for the moment. A sustained close above 6.5535 marks will test key...
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