
FxWirePro: USD/JPY finds strong support at 20-DMA at 106.09, weakness only on break below
Apr 02, 2018 07:51 am UTC| Technicals
USD/JPY inches higher from session lows at 106.18 as yen weighed down by softer Japanese data. Data released earlier today showed that the Japanese Tankan Manufacturing Outlook and Index indicators missed...

FxWirePro: Gold recovers slightly on fresh trade worries, good to buy on dips
Apr 02, 2018 07:20 am UTC| Technicals
Gold has shown a good recovery almost more than $10 from previous week low of $1321 on fresh trade worries. The major reason for slight jump in yellow metal was due to introduction of up to 25% on 128 U.S products. The...

FxWirePro: AUD/CHF finds stiff resistance at 4H 200-SMA, bullish divergence keeps scope for upside
Apr 02, 2018 06:26 am UTC| Technicals
AUD/CHF rejected at session highs at 0.7343, slips lower to currently trade at 0.7326 levels. The antipodeans remain depressed after weaker-than-expected China PMI data. Chinas PMI came in at 51.0, missing 51.7...

FxWirePro: DAX30 trades higher on positive global cues, good to buy on dips
Apr 02, 2018 05:57 am UTC| Technicals
DAX index inched higher after a forming a minor bottom around 11703. The index recovered sharply on Mar 29th 2018 and jumped almost 1.49%. US indices SP 500 and Dow jones has taken support near 200- day MA and shown a good...

FxWirePro: NZD/CAD holds above 23.6% Fib, break below targets 50-DMA at 0.9259
Apr 02, 2018 05:54 am UTC| Technicals
NZD/CAD extends range trade around channel base support at 0.93 levels. We require a decisive break below to see further downside in the pair. The antipodeans remain depressed after weaker-than-expected China PMI...

Apr 02, 2018 05:41 am UTC| Technicals
Chart and candlestick patterns occurred: Hammer and bullish engulfing patterns in minor trend evidence considerable rallies through uptrend line (refer daily chart). While the intermediate trend has been spiking through...

FxWirePro: NZD/USD finds strong support at 200-DMA, break below to accentuate weakness
Apr 02, 2018 05:19 am UTC| Technicals
NZD/USD trades slightly weaker on the day, down 0.05% at the time of writing. The kiwi remains under pressure as China PMI misses expectations, hits 4-month low. Chinas PMI came in at 51.0, missing 51.7 expected...