FxWirePro: DAX30 trades above trend line resistance, jump till 12575 likely
Sep 07, 2017 09:41 am UTC| Technicals
Major support 11840 The index is trading in narrow range between 12300 (Aug 16th high) and 12037 (Sep 4th 2017). DAX broken major resistance of 12300 at the time of writing and jumped till 12329. It is currently...
FxWirePro: AUD/NZD holds above 1H 200-SMA, break above 1.1155 to see further upside
Sep 07, 2017 09:24 am UTC| Technicals
Renewed geopolitical concerns surrounding North Korea missile threat amid talks of new US sanctions keep the high yielding currencies subdued. Downbeat Australia retail sales and trade figures also weighed on the...
FxWirePro: GBP/JPY faces strong trend line support at 141.60, good to buy on dips
Sep 07, 2017 08:23 am UTC| Technicals
GBP/JPY has once again declined slightly after showing a minor jump till 142.68 yesterday. The pair is facing strong support at 141.65 (trend line support and 233 H MA).The JPY trades higher against all major pair after...
FxWirePro: Gold declines slightly after Trump debt ceiling deal, good to buy on dips
Sep 07, 2017 07:48 am UTC| Technicals
mainly due to US debt ceiling. President Trump agreed to raise the debt ceiling and extend government funding till Dec 15th 2017. It is currently trading around $1335. The downside is limited as political tensions in...
FxWirePro: EUR/JPY rangebound above major trendline support at 129.65, focus on ECB policy meet
Sep 07, 2017 07:04 am UTC| Technicals
EUR/JPY rangebound on the day as markets remain cautious ahead of ECB policy meeting. The pair is holding above major support in the 129.65 to 129.76 range. We see weakness only on break below. Markets are...
Sep 07, 2017 06:39 am UTC| Technicals
For short term traders, a stiff resistance is observed at 109.7386 (i.e. 7WMA levels). The double top pattern is occurred with peak 1 at 114.370 levels, peak 2 at 114.496 levels and neckline at 108.825 levels, this...
FxWirePro: NZD/CAD hits 15-month lows at 0.8751, bias lower, stay short below 0.8740
Sep 07, 2017 06:34 am UTC| Technicals
Broad based Loonie strength after overnights Bank of Canadas surprise rate hike pushed NZD/CAD to 15-month lows at 0.8751. Bank of Canadas surprised markets on Wednesday with a decision to hike its policy rate by 25...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level