Sep 08, 2017 12:24 pm UTC| Technicals
USD/CHF shown a minor decline below 0.94274 low made on Aug 29th 2017. The pair recovered after hitting low of 0.94210. In the weekly chart, the pair has formed bullish divergence in RSI and CCI. So a slight jump till...
FxWirePro: EUR/USD hits 33- month high, good to buy on dips
Sep 08, 2017 10:56 am UTC| Technicals
EUR/USD has shown a huge recovery after breaking psychological resistance 1.2000 yesterday. The pair jumped till 1.20595 after ECB meeting. In the Asian session Euro continued its winning streak and jumped till 1.20922. It...
FxWirePro: EUR/JPY hovers around major trendline support at 129.65, good to go short on break below
Sep 08, 2017 10:49 am UTC| Technicals
Euro spiked after ECBs more positive assessment of economic growth this year and the signals that an announcement on monetary policy awaits in October. EUR/JPY edged higher but was capped at 131 handle. The pair...
FxWirePro: AUD/NZD extends range trade at major trendline resistance at 1.1155, bias neutral
Sep 08, 2017 10:13 am UTC| Technicals
AUD/NZD is extending range trade at major trendline resistance at 1.1155, intraday bias is neutral. We expect some consolidation at current levels before further gains. The pair is trading in a rising wedge...
FxWirePro: CHF/JPY breaks major support 113.70, dip till 112.50 likely
Sep 08, 2017 09:09 am UTC| Technicals
Major support 113.70 CHJPY has declined sharply after breaking low of 113.70 made on Sep 5th 2017. The pair dipped till 113.51. Short term trend is still weak as long as resistance 114.50 holds. It is currently...
FxWirePro: AUD/CAD capped below 5-DMA at 0.9813, minor upside likely only on close above
Sep 08, 2017 08:40 am UTC| Technicals
AUD/CAD recovery capped below 5-DMA at 0.9813, further upside only on break above. The pair has retraced brief dip below triangle base, and has held minor trendline support at 0.9675. Bank of Canadas surprise...
FxWirePro: USD/CHF forms bullish divergence in weekly chart, good to buy on dips
Sep 08, 2017 08:27 am UTC| Technicals
USD/CHF shown a minor decline below 0.94274 low made on Aug 29th 2017. The pair recovered after hitting low of 0.94210. In the weekly chart, the pair has formed bullish divergence in RSI and CCI. So a slight jump till...
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