
Aug 16, 2018 06:20 am UTC| Technicals Insights & Views
AUDUSDforms hanging man and hammer patterns at 0.7428 and 0.7238 levels respectively and the stiff resistance at 0.7454 and strong support at 0.7319 areas are observed. Hanging man at stiff resistance plummets prices...

FxWirePro: DXY retraces from 13-month highs at 96.98, stay short on break below 96.42 (1H 100-SMA)
Aug 16, 2018 06:11 am UTC| Technicals
Refer DXY chart on Trading View The US dollar index has retraced from 13-month highs at 96.98 and is currently trading 0.29% lower on the day at 96.44. Intraday charts have turned bearish. Price action has...

FxWirePro: Nikkei Daily Outlook
Aug 16, 2018 05:57 am UTC| Technicals
Asian marketshas pared most of its losses made in todays morning session. US markets declined slightly led by large technology firms such as Alibaba ,Baidu of China and US tech giantssuch as Facebook and Microsoft. The yen...

FxWirePro: USD/INR remains well supported above 70.00 mark, good to buy on dips
Aug 16, 2018 05:53 am UTC| Technicals
USD/INR is currently trading around 70.25 marks. It made intraday high at 70.33 and low at 70.15 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 70.38, 70.56, 70.80 and 71.24...

FxWirePro: CAD/CHF fails to hold break above 200-DMA, break below cloud to see further weakness
Aug 16, 2018 05:33 am UTC| Technicals
Refer CAD/CHF chart on Trading View CAD/CHF is trading in a narrow range, with a days high at 0.7565 and low at 0.7552. The pair is trading in a Symmetric Triangle pattern on daily charts and breakout will...

FxWirePro: USD/JPY capped at 50-DMA, good to go long on decisive break above
Aug 16, 2018 04:23 am UTC| Technicals
Refer USD/JPY chart on Trading View USD/JPY is currently trading in a narrow range capped below 50-DMA at 110.98. Wide miss on Japans trade balance data keeping pressure on. The Japanese yen failed to gather...

FxWirePro: USD/TWD trades in narrow range, stay bullish only above 30.90 mark
Aug 16, 2018 03:39 am UTC| Technicals
USD/TWD is currently trading around 30.84 marks. It made intraday high at 30.87 and low at 30.82 marks. Intraday bias remains neutral till the time pair holds immediate resistance at 30.90 mark. A daily...