FxWirePro: Japanese yen trades marginally lower after manufacturing PMI, capital spending data
Sep 01, 2017 01:12 am UTC| Technicals
USD/JPY is currently trading around 110.10 marks. It made intraday high at 110.14 and low at 109.88 levels. Intraday bias remains slightly bullish till the time pair holds key support at 109.88 marks. A...
FxWirePro: US Dollar Index Daily Outlook
Aug 31, 2017 13:37 pm UTC| Technicals
US Dollar index has recovered sharply till 93.20 at the time of writing after hitting low of 91.62. It is currently trading around 93.07. Short term trend is still weak as long as resistance 93.60 (23.6% retracement...
FxWirePro: EUR/USD faces strong support at 21- day EMA, good to buy on dips
Aug 31, 2017 13:04 pm UTC| Technicals
EURUSD declined sharply below 1.1900 after hitting 27 month high at 1.20704 level. USD got strengthened slightly after better than expected US ADP data. US economy has added 327K private jobs compared to forecast of...
Aug 31, 2017 11:55 am UTC| Technicals
EURGBP rallies for the day seems to be little edgy, restrained below 21DMAs but not exhaustive as it tests strong supports at 0.9189 levels. Consequently, forms both bullish and bearish candlestick patterns such as...
Aug 31, 2017 11:19 am UTC| Technicals
GBPJPY declined slightly after hitting high of 142.90. The pair hits low of 142.39 for the intraday. It is currently trading around 142.22. The downside is capped by minor trend line support at 142.30 (trend line...
FxWirePro: AUD/JPY struggles to close above daily cloud, bias higher, stay long
Aug 31, 2017 10:56 am UTC| Technicals
AUD/JPY failed to hold break above cloud top on Wednesdays trade, edges lower to close within the daily cloud. Price action on the day has been contained below cloud top resistance at 87.47. Technical studies are...
FxWirePro: Buy GBP/JPY on dips
Aug 31, 2017 10:46 am UTC| Technicals
GBPJPY declined slightly after hitting high of 142.90. The pair hits low of 142.39 for the intraday. It is currently trading around 142.42. The downside is capped by minor trend line support at 142.30 (trend line...
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