FxWirePro: FTSE100 trades above ichimoku cloud, good to buy on dips
Sep 01, 2017 07:10 am UTC| Technicals
FTSE100 has formed a temporary bottom around 7282 and jumped sharply from that level. The index jumped till 7442 yesterday and is currently trading around 7448. Intraday trend is slightly bullish as the index is...
FxWirePro: USD/INR exhibits range bound movement, short term trend reversal likely
Sep 01, 2017 06:34 am UTC| Technicals
USD/INR is currently trading around 63.96 marks. It made intraday high at 63.96 and low at 63.85 marks. Intraday bias remains neutral till the time pair holds key support at 63.78 marks. Key resistances are...
FxWirePro: NZD/USD holds 200-DMA support at 0.7131, further weakness on break below
Sep 01, 2017 06:29 am UTC| Technicals
Kiwi weighed down by recent jawboning by RBNZs Wheeler. Continues to underperform despite upbeat China PMI data. Chinas August Caixin PMI unexpectedly rose to 51.6, strongest since Feb. The outcome was above forecasts...
FxWirePro: Buy USD/CHF above 0.9630
Sep 01, 2017 06:23 am UTC| Technicals
USD/CHF has shown roller coaster ride yesterday. The pair hits intraday high of 0.96770 yesterday and declined sharply till 0.95823. Major near term intraday resistance is around 0.9630 and any break above confirms...
FxWirePro: GBP/NZD hits 12-week high at 1.8078, bias higher, stay long
Sep 01, 2017 05:45 am UTC| Technicals
GBP/NZD has hit 12-week highs at 1.8078 on Thursdays trade before paring some gains to close at 1.8011. Kiwi continues to underperform, ignores upbeat China PMI data, supporting the pair higher. Chinas August...
Sep 01, 2017 05:42 am UTC| Technicals
We see stiff resistance at peaks of 87.587 levels, historically, the rallies are hampered at these stiff resistance levels, where shooting star also evidences weakness at the same juncture. One can bet on more dips upon...
FxWirePro: Gold downside capped by 23.6% fibo, good to buy on dips
Sep 01, 2017 05:01 am UTC| Technicals
Gold has shown a solid bounce back after showing minor profit booking. The yellow metal declined till $1297 and is currently trading around $1319. The yellow metal downside capped by 23.6% fibo and any further decline...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level