FxWirePro: EUR/AUD hovers around major trendline resistance at 1.5085, upside only on close above
Sep 01, 2017 10:37 am UTC| Technicals
EUR/AUD edges lower from 12-week highs at 1.5174 to currently trade at 1.5032 levels. The pair is struggling at major trendline resistance at 1.5085, we see upside only on break above. The pair is trading in a...
Sep 01, 2017 10:28 am UTC| Research & Analysis Technicals
GBPUSD has been drifting in a range as shown in the daily charts, even on monthly terms price remained in the range from last 3-4 months (1.3268 - upper range and 1.2589 levels lower range). After shooting star candle...
FxWirePro: AUD/JPY rejected at session highs, slips back into daily cloud, bias neutral
Sep 01, 2017 09:22 am UTC| Technicals
AUD/JPY was rejected at session highs at 87.57, the pair slips back into daily cloud. Upside has been struggling at cloud top from multiple sessions, further upside only on break above. Technical studies are...
FxWirePro: GBP/JPY upside capped by 34- day EMA, good to sell on rallies
Sep 01, 2017 08:50 am UTC| Technicals
GBP/JPY recovered sharply after better than expected UK Manufacturing PMI data. UK manufacturing PMI came at 56.9 compared forecast of 55.0. The pair jumped sharply from the low of 142.10 till 142.36 at the time of...
FxWirePro: Silver trades almost flat ahead of U.S. NFP job data, downside limited
Sep 01, 2017 08:44 am UTC| Technicals
XAG/USD is currently trading around $17.52 marks. It made intraday high at $17.57 and low at $17.49 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.60 mark. A daily close...
Sep 01, 2017 08:24 am UTC| Technicals
EUR/JPY has formed Bearish Shark pattern on 4-hourly charts, scope for further downside. We notice bearish divergence on RSI and Stochs which adds to the bearish bias. The pair is trading in a narrow range, with...
FxWirePro: USD/ZAR fails to find support above 13.00 mark, good to sell on rallies
Sep 01, 2017 07:28 am UTC| Technicals
USD/ZAR is currently trading around 12.96 levels. It made intraday high at 13.02 and low at 12.96 levels. Intraday bias remains bearish for the moment. A daily close above 13.00 will take the parity...
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