
FxWirePro: NZD/JPY holds strong trendline support, breaks above 20-DMA, bias higher
Mar 12, 2018 06:59 am UTC| Technicals
NZD/JPY is extending upside after holding major trendline support at 76 levels. The pair has broken above 20-DMA at 77.85 and we see scope for further upside. Technical studies support further upside in the pair....

FxWirePro: Gold trades higher on slow US wage growth, good to buy on dips
Mar 12, 2018 06:45 am UTC| Technicals
Gold has shown a good recovery from the low of $1312.70 after US jobs data. US economy has added 313K jobs for the month of Feb highest in 1-1/2 years compared to forecast of 205K. But wage growth slows down to 0.1%...

FxWirePro: USD/INR consolidates around 65.00 mark, bias remains neutral
Mar 12, 2018 06:31 am UTC| Technicals
USD/INR is currently trading around 65.04 marks. It made intraday high at 65.05 and low at 64.94 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 65.25, 65.32, 65.48, 65.65...

Mar 12, 2018 06:31 am UTC| Technicals
Chart pattern: USDJPY occurs back-to-back shooting stars followed by doji and bearish engulfing patterns hamper previous bullish momentum (refer 4H chart), but the weakness is yet to be confirmed by technical...

FxWirePro: AUD/JPY breaks above 20-DMA, good to go long on dips
Mar 12, 2018 06:21 am UTC| Technicals
AUD/JPY has shown a breakout at 20-DMA raising scope for further upside. Technical studies are biased higher. RSI has shown a rollover from oversold levels. Stochs are biased higher and MACD is showing a bullish...

FxWirePro: DAX30 trades higher on positive US jobs data, good to buy on dips
Mar 12, 2018 06:00 am UTC| Technicals
DAX index has shown a minor recovery from the yesterday low of 12178 and closed slightly higher at 12376 0.29% higher. US markets has shown a good jump on Friday after better than expected US nonfarm payroll data. SP500...

FxWirePro: AUD/CHF capped at 50-DMA, break above targets 200-DMA at 0.7536
Mar 12, 2018 05:44 am UTC| Technicals
AUD/CHF is extending gains for the 6th straight session, bullish divergence keeps scope for further upside. The pair has closed above 55-EMA on Fridays trade, extends break above 21-EMA. Price has broken above...