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FxWirePro: EUR/JPY rejected at 128 handle, slips lower to hover around 5-DMA, bias bearish

Jun 22, 2018 06:04 am UTC| Technicals

EUR/JPY has retraced from session highs at 128, hovers at 127.90 at the time of writing. The pair is recovering from lows of 126.64 (June 19), but remains below 21-EMA, bias lower. Successive spinning top...

FxWirePro: EUR/JPY rejected at 128 handle, slips lower to hover around 5-DMA, bias bearish

Jun 22, 2018 06:04 am UTC| Technicals

EUR/JPY has retraced from session highs at 128, hovers at 127.90 at the time of writing. The pair is recovering from lows of 126.64 (June 19), but remains below 21-EMA, bias lower. Successive spinning top...

FxWirePro: NZD/USD consolidation phase transforms into Triple Top pattern, major bearish trend resumes but hammer counters with minor rallies

Jun 22, 2018 06:03 am UTC| Technicals

On daily plotting of NZDUSD, bulls bounce-back with hammer pattern candle at 0.6864 levels, we can observe steep slumps below DMAs soon after streaks of bearish patterns, such as hanging man, back-to-back shooting stars...

FxWirePro: USD/TWD remains well supported above 30.00 mark, Taiwan’s jobless rate in focus

Jun 22, 2018 05:18 am UTC| Technicals

USD/TWD is currently trading around 30.30 marks. It made intraday high at 30.37 and low at 30.29 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 30.38 mark. A daily...

FxWirePro: GBP/AUD struggles at 100-DMA, further upside only on close above

Jun 22, 2018 04:18 am UTC| Technicals

GBP/AUD struggles to extend gains above 100-DMA. We see further upside only on break above. The pair is trading in a narrow range with a days high at 1.7963 and a low of 1.7931. Technical studies are biased...

FxWirePro: USD/JPY recovery lacks traction, trades rangebound below 200-DMA

Jun 22, 2018 04:04 am UTC| Technicals

The Greenback has paused downside against the yen as rumors of US-China trade talks support. Reuters quoted as saying some senior White House Officials are trying to restart talks with Beijing before the US tariffs on...

FxWirePro: USD/THB hovers around key resistance at 32.90 mark, stay bearish only below 32.80 mark

Jun 22, 2018 03:35 am UTC| Technicals

USD/THB is currently trading around 32.91 marks. It made intraday high at 32.94 and low at 32.87 marks. Intraday bias remains bullish till the time pair holds key support at 32.80 mark. On the top side, key...

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