FxWirePro: AUD/JPY extends 'Triangle Breakout', hits 2-month highs at 88.74, bias higher
Sep 14, 2017 07:03 am UTC| Technicals
AUD/JPY is extending gains after Symmetric Triangle breakout, bias still higher. The pair hit fresh 2-month highs at 88.74 before paring some gains to currently trade around 88.32 levels. Technical studies are...
FxWirePro: AUD/CAD finds major trendline support at 0.9675, break below needed for further weakness
Sep 14, 2017 06:29 am UTC| Technicals
AUD/CAD extends downside for 6th successive weak, bias still lower. Bank of Canadas surprise decision to hike its policy rate by 25 bps to 1% keeps the CAD supported. Weekly charts support downside in the pair....
FxWirePro: Indian rupee appreciates against U.S. dollar ahead of WPI inflation data
Sep 14, 2017 06:21 am UTC| Technicals
USD/INR is currently trading around 64.07 marks. It made intraday high at 64.18 and low at 64.07 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.18 marks. Key resistances...
FxWirePro: Sell GBP/JPY on rallies
Sep 14, 2017 06:17 am UTC| Technicals
GBP/JPY has shown a minor selling after hitting one month high at 146.66 yesterday. The decline was mainly due to tepid wage growth in UK. The pair dipped till 145.66 and is currently trading around 145.97. UK wage...
FxWirePro: Gold trades weak on surge in US Dollar on Trump’s tax reform, good to sell on rallies
Sep 14, 2017 05:43 am UTC| Technicals
Gold continuing its losing streak for fourth consecutive days after hitting year high at $1358 on account of surging U.S dollar and geopolitical tensions eases. The yellow metal jumped almost $40 from the high of $1358.It...
FxWirePro: NZD/JPY retraces break above 200-DMA, intraday bias neutral
Sep 14, 2017 05:32 am UTC| Technicals
NZD/JPY spiked past 200-DMA at 80.12 to hit 4-week high at 80.38 on Wednesdays trade. Kiwi was buoyed after the latest Newshub-Reid Research poll showed the ruling National Party on 10 points lead of its Labour...
FxWirePro: Taiwanese dollar trades marginally lower in early Asia, upside limited
Sep 14, 2017 04:44 am UTC| Technicals
USD/TWD is currently trading around 30.09 marks. It made intraday high at 30.13 and low at 30.02 marks. Intraday bias remains bullish till the time pair holds key support at 29.90 mark. A daily close above...
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