
FxWirePro: AUD/CHF struggles at 4H 200-SMA, good to go long on break above
Apr 03, 2018 06:01 am UTC| Technicals
AUD/CHF struggles to break above stiff resistance at 4H 200-SMA at 0.7348. Technical studies are bullish and breakout at 4H 200-SMA could see further upside. The Reserve Bank of Australia kept rates unchanged at...

Apr 03, 2018 05:44 am UTC| Technicals
FxWirePro Currency Strength Index for EUR/AUD: Bias Bearish FxWirePros Hourly EUR Spot Index was at -77.2391 (Bearish) FxWirePros Hourly AUD Spot Index was at 101.783 (Bullish) Technical Analysis: Bias...

FxWirePro: Nikkei recovers slightly from the low of 20925, good to sell on rallies
Apr 03, 2018 05:31 am UTC| Technicals
Nikkei has shown a good recovery after hitting low of 20925 at the time of writing. The index jumped almost 385 points (1.84% ) from the low. The index recovery was slightly supported by minor weakness in yen. The yen was...

FxWirePro: AUD/CAD upside capped at 110-EMA, scope for test of 61.8% Fib at 0.9832
Apr 03, 2018 05:25 am UTC| Technicals
AUD/CAD extends choppy trade below 110-EMA which is strong resistance at 0.9912. The Reserve Bank of Australia kept rates unchanged at record low of 1.5 percent. The statement was in line with what was...

FxWirePro: NZD/USD stuck in tight range, finds strong support at 200-DMA (0.7183)
Apr 03, 2018 05:01 am UTC| Technicals
NZD/USD extends trade in tight range, hovers between 20 and 200 day moving averages. The pair has edges higher from session lows at 0.7195 and is trading at 0.7223, up 0.14%. Rise in the US Treasury bond yields...

FxWirePro: XRP/USD trades well below major trend line support, good to sell on rallies
Apr 02, 2018 13:15 pm UTC| Technicals
Ripple broken major support of 0.5370 and declined till 0.4541. It is currently trading around 0.49060. Any break above 0.7200 (200- day MA) confirms minor bullishness, a jump till 0.7800/0.85/0.9055 (50- day...

Apr 02, 2018 12:32 pm UTC| Technicals
GBP/JPY has formed a minor bottom around 148.80 and shown a minor jump from that level. The minor recovery was due to slight jump in Pound against all majors. But yen was recovered slightly due to introduction of tariff by...