
FxWirePro: AUD/JPY recovery lacks traction, cloud weighs on the upside, stay short
May 09, 2018 09:08 am UTC| Technicals
AUD/JPY edges higher from 5-week lows at 81.13, but recovery lacks traction. Technical indicators are biased lower. RSI weak below 50 levels and Stochs are well in oversold territory. Dismal Australia retail...

May 09, 2018 07:50 am UTC| Technicals
FxWirePro Currency Strength Index for AUD/CHF: Bias Bearish FxWirePros Hourly AUD Spot Index was at -160.201 (Bearish) FxWirePros Hourly CHF Spot Index was at 102.405 (Bullish) Technical Analysis: Bias Bearish -...

FxWirePro: Buy CAD/JPY above 84.65 (Intraday)
May 09, 2018 07:18 am UTC| Technicals
CAD/JPY has halted its bearish trend after forming a minor bottom around 83.89 level. The pair jumped more than 70 pips and is currently trading around 84.60. The yen was trading weak against all majors on easing geo...

May 09, 2018 07:00 am UTC| Technicals Insights & Views
Recently, the hammer and gravestone doji pattern candles have occurred at 84.038 (2H chart) and 84.859 levels (on the weekly plotting of CADJPY). Last weeks gravestone doji pattern which is bearish in nature hampers the...

FxWirePro: Gold trades weak on strong US dollar, good to sell on rallies
May 09, 2018 06:45 am UTC| Technicals
Gold is trading in narrow range between $1301.60 and $1318 for past three trading session. The yellow metal weakness was mainly due to rise in global stock markets which points to lack of risk aversion in the world...

FxWirePro: EUR/JPY finds strong support at 200W SMA at 129.19, further weakness only on break below
May 09, 2018 06:18 am UTC| Technicals
EUR/JPY edges higher from 7-week lows at 129.23, hovers below 130 handle. The pair finds strong support at 200W SMA at 129.19, we see further weakness only on break below. Price action has broken into weekly...

FxWirePro: NZD/USD extends weakness below 0.70 handle, eyes 50% Fib
May 09, 2018 05:40 am UTC| Technicals
Buying interest in the Greenback remains high, after recent market tension over the Middle East has temporarily eased. The US officially announced on Tuesday that it was pulling out of the Iran deal and likely to...