
Mar 12, 2018 09:39 am UTC| Technicals
AUDUSD chart and candlestick pattern formed: Minor trend spikes through rising channel, shooting star candlestick has occurred exactly at channel resistance of 0.7866 levels on intraday chart (refer 4H chart), Thereby, the...

FxWirePro: GBP/JPY forms Bearish pattern, good to sell on rallies
Mar 12, 2018 09:34 am UTC| Technicals
Harmonic pattern Bearish AB=CD pattern. Potential Reversal Zone (PRZ) - 148.55. GBP/JPY has shown a good jump on Friday and hits high of 148.54 and declined more than 100 pips from the high. The pair is...

FxWirePro: AUD/CAD holds above 1.00 handle, on track to test 78.6% Fib
Mar 12, 2018 09:27 am UTC| Technicals
AUD/CAD retrace from multi-week highs at 1.0136 holds above 1.00 handle. The pair has resumed upside and is trading 0.27% higher on the day. Price action has retraced dip below 5-DMA and is currently holding...

FxWirePro: USD/CHF trades higher, good to buy on dips
Mar 12, 2018 08:32 am UTC| Technicals
USD/CHF is consolidating after hitting high of 0.95344 on Friday. The pair has shown a minor decline after US jobs data. The pair major bottom is around 0.9320 and any weakness can be seen only below this level. It is...

FxWirePro: GBP/AUD finds strong support at 50-DMA at 1.7576, break below to accentuate weakness
Mar 12, 2018 08:12 am UTC| Technicals
GBP/AUD is trading 0.17% lower on the day, at around 1.7615 levels at the time of writing. The pair is extending weakness after facing rejection at stiff resistance at 20-DMA at 1.7741. Pound is extending...

FxWirePro: XAG/USD hovers around $16.50 mark, stay bullish only above $16.58 mark
Mar 12, 2018 07:53 am UTC| Technicals
XAG/USD is currently trading around $16.54 marks. It made intraday high at $16.59 and low at $16.47 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.57 mark. A daily close...

FxWirePro: USD/ZAR exhibits range bound movement, faces strong support at 11.70 mark
Mar 12, 2018 07:16 am UTC| Technicals
USD/ZAR is currently trading around 11.82 levels. It made intraday high at 11.84 and low at 11.77 levels. Intraday bias remains neutral till the time pair holds key support at 11.70 mark. A daily close...