FxWirePro: Prefer to go long on XAG/USD around $17.09 with stop loss at $16.98 and target of $17.36
Aug 17, 2017 07:45 am UTC| Technicals
XAG/USD is currently trading around $17.11 marks. It made intraday high at $17.16 and low at $17.06 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.22 mark. A daily close...
FxWirePro: AUD/JPY finds major resistance at 87.55, break above to see further upside
Aug 17, 2017 07:01 am UTC| Technicals
AUD/JPY has broken Symmetric Triangle pattern and is extending gains. The pair slipped lower early in the Asian session after mixed Australia jobs data. Australian economy added 27.9K jobs, beating the estimated...
FxWirePro: NZD/JPY rejected at lows, 'Bullish Cypher' pattern keeps scope for upside, stay long
Aug 17, 2017 05:54 am UTC| Technicals
NZD/JPY has shown a decisive close above 200-DMA at 80.06 on Wednesdays trade, further upside on cards. Price action was rejected at lows on the day, the pair has held above 5-DMA at 80.16. The Bullish Cypher...
FxWirePro: AUD/USD breaks major trendline resistance at 0.7925, bias higher
Aug 17, 2017 05:14 am UTC| Technicals
AUD/USD breaks major trendline resistance at 0.7925, scope for further upside. The pair retraced dip below 23.6% Fib and spiked to fresh session tops near 0.7933 after disappointing US housing market data...
EURUSD downside capped by 23.6% fibo, market eyes ECB minutes
Aug 17, 2017 04:37 am UTC| Technicals
EUR/USD has jumped sharply yesterday from the low of 1.16810 after Fed minutes meeting. Fed spilt over path of rate hikes on low inflation concerns. The pair jumped till 1.17898 at the time of writing and is currently...
FxWirePro: USD/JPY slips below 110 handle, USD extends FOMC minutes triggered sell-off
Aug 17, 2017 04:24 am UTC| Technicals
USD/JPY down 0.26% on the day, slips below 110 handle, bias neutral. The greenback remained under pressure and is extending FOMC minutes triggeed sell-off. US Dollar recovery move led by upbeat monthly retail...
Cable downside capped by 61.8% fibo, market eyes UK retail sales
Aug 17, 2017 04:05 am UTC| Technicals
GBP/USD has made a low of 1.2845 and jumped sharply from that level on account of better than expected UK jobs report. The pair re-takes 1.2900 handle. Market awaits UK retail sales for further direction. UK jobless...
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