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FxWirePro: AUD/CHF Trade Idea

Dec 07, 2018 07:29 am UTC| Technicals Research & Analysis

AUD/CHF chart on Trading View used for analysis FxWirePro Currency Strength Index for AUD/CHF: Bias Bearish FxWirePros Hourly AUD Spot Index was at -177.242 (Bearish) FxWirePros Hourly CHF Spot Index was at 99.0079...

FxWirePro: Buy CHF/JPY on dips

Dec 07, 2018 07:11 am UTC| Technicals

Major support - 112.20 (200- day MA) CHFJPY is trading high for second consecutive day and pair jumped nearly 90 pips from low of 112.89 made yesterday. The jump was mainly due to broad based buying in Swiss franc....

FxWirePro: USD/ZAR trades in narrow range, further upside movement likely

Dec 07, 2018 06:59 am UTC| Technicals

USD/ZAR is currently trading around 14.08 levels. It made intraday high at 14.08 and low at 14.01 levels. Intraday bias remains bullish for the moment. A daily close above 14.03 will take the parity...

FxWirePro: NZD/CHF holds 20-DMA support, break below to see further weakness

Dec 07, 2018 06:39 am UTC| Technicals Research & Analysis

NZD/CHF chart on Trading View used for analysis NZD/CHF pauses downside at 20-DMA support at 0.6822, bias bearish. Technical indicators support weakness. Price was rejected at highs with a Gravestone Doji...

FxWirePro: USD/CNY hovers around 6.88 mark, PBOC sets yuan mid-point at 6.8664

Dec 07, 2018 06:36 am UTC| Technicals

USD/CNY is currently trading around 6.8747 marks. It made intraday high at 6.8894 and low at 6.8667 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 6.8800 marks will...

FxWirePro: Gold trades flat, markets eye US Non Farm Payroll

Dec 07, 2018 06:13 am UTC| Technicals

Gold trades flat after hitting high of $1244 level. The declining US 10 year yield and minor weakness in US dollar. It is currently trading around $1239.66. Markets eye US NFP data for further direction. The major three...

FxWirePro: EUR/CHF on verge of retracing 50% Fibos after bearish engulfing formation – Bearish trade setup as technical indicators in sync with price

Dec 07, 2018 05:59 am UTC| Technicals

Technical Glance:EURCHFforms bearish engulfing pattern which has nudged price below DMAs. This bearish pattern has occurred at 1.1326 1.1344 levels on 4H plotting and 1.1522 levels that signals weakness in the major...

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Technology

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Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....
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