
FxWirePro: AUD/CHF on track to test major trendline support at 0.7260 , stay short
Mar 23, 2018 06:50 am UTC| Technicals
AUD/CHF extends weakness for 2nd straight week, bias still bearish. Antipodeans dampened by risk-off amidst US-China trade wars. The pair failed at 21-EMA at 0.7374, and is on track to test major trendline...

Mar 23, 2018 06:24 am UTC| Technicals Insights & Views
Lets just glance through the below weblinks where weve raised the red-flags recent posts about early signs of CADJPYs...

FxWirePro: DAX30 trades weak on Trump’s trade war fears, good to sell on rallies
Mar 23, 2018 06:16 am UTC| Technicals
DAX index was trading weak and declined more than 2% yesterday. The index has closed at 11991 2.20% lower. US markets tumbled sharply yesterday after U.S President Donald Trump announced long-promised tariffs on Chinese...

FxWirePro: AUD/JPY breaks 'Double Bottom' at 81.48, good to short rallies
Mar 23, 2018 06:13 am UTC| Technicals
AUD/JPY breaks Double Bottom at 81.48 raising scope for further weakness. The pair is extending break below weekly cloud, bias highly bearish. Safe-haven yen demand on heightened trade war concerns as China...

FxWirePro: Chinese yaun trades flat, PBOC sets yuan mid-point at 6.3272 per U.S. dollar
Mar 23, 2018 05:51 am UTC| Technicals
USD/CNY is currently trading around 6.3307 marks. It made intraday high at 6.3331 and low at 6.3306 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3564 marks will test key...

FxWirePro: NZD/JPY breaks major trendline support at 76, eyes 61.8% Fib at 74.83
Mar 23, 2018 05:32 am UTC| Technicals
NZD/JPY has broken major trendline support at 76 levels, we see scope for further downside. Yen demand on the rise in Asia on heightened trade war angst as China lashes out against US in trade wars. Reports...

Mar 23, 2018 05:23 am UTC| Technicals
USD/INR is currently trading around 65.14 marks. It made intraday high at 65.21 and low at 65.13 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.22 mark. Key resistances...