
May 07, 2018 09:27 am UTC| Technicals
EUR/NZD is extending weakness after rejection at channel top, slips lower to hover around 1.70 handle. Upside remains capped at 5-DMA at 1.7055, break above could see minor upside. Technical indicators are...

FxWirePro: ETH/EUR breaks strong trendline support at 622, good to go short on rallies
May 07, 2018 08:19 am UTC| Technicals
ETH/EUR has broken strong trendline support at 622, holds above 2H 110-EMA at 608 levels. The pair is extending downside for 2nd straight session, slips below 5-DMA at 651. Technical studies are turning bearish....

FxWirePro: EUR/GBP consolidates above daily cloud, eyes 200-DMA at 0.8877
May 07, 2018 07:12 am UTC| Technicals
EUR/GBP is extending consolidation above daily Ichimoku cloud, bias higher. The pair is trading 0.21% lower on the day, finds strong support at daily cloud. We see weakness only on retrace below. Technical...

FxWirePro: AUD/NZD struggles at 110-EMA at 1.0752, upside only on break above
May 07, 2018 05:43 am UTC| Technicals
AUD/NZD extends choppy trade between 55 and 110-EMAs, breakout will provide clear direction. The pair is trading 0.25% lower on the day at 1.0709 at the time of writing. Upside was capped below 110-EMA at 1.0752...

May 07, 2018 05:33 am UTC| Technicals
The gold (XAUUSD) price has extended its bullish rally on channel resistance break-out. But we see price rejecting at the stiff resistance of $1317.91 levels (refer 4H charts). The gold in intermediate trend has been...

FxWirePro: USD/SGD consolidates around 1.3338 mark, bias remains neutral
May 07, 2018 03:53 am UTC| Technicals
USD/SGD is currently trading around 1.3321 marks. It made intraday high at 1.3340 and low at 1.3316 levels. Intraday bias remains neutral for the moment. A daily close above 1.3338 will test key resistances...

FxWirePro: EUR/KRW remains well supported below 1,300 mark, good to sell on rallies
May 07, 2018 02:47 am UTC| Technicals
EUR/KRW is currently trading around 1,284 mark. Pair made intraday high at 1,284 and low at 1,281 levels. Intraday bias remains neutral till the time pair holds key support at 1,282 mark. A sustained close...