
FxWirePro: Sell GBP/JPY on rallies
Feb 12, 2018 07:13 am UTC| Technicals
GBP/JPY declined almost more than 600 pips from the previous week high of 155.54. The pair hits 1-1/2 month low at 148.88 and shown massive recovery. The pair recovered 183 pips from the low. It is currently trading around...

FxWirePro: Sell GBP/JPY on rallies
Feb 12, 2018 07:13 am UTC| Technicals
GBP/JPY declined almost more than 600 pips from the previous week high of 155.54. The pair hits 1-1/2 month low at 148.88 and shown massive recovery. The pair recovered 183 pips from the low. It is currently trading around...

FxWirePro: USD/ZAR moves in rigid boundaries, faces strong resistance at 12.20 mark
Feb 12, 2018 07:08 am UTC| Technicals
USD/ZAR is currently trading around 11.94 levels. It made intraday high at 12.02 and low at 11.92 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.20 mark. A daily close...

FxWirePro: NZD/JPY capped below 5-DMA at 79.16, minor upside like on break above
Feb 12, 2018 06:24 am UTC| Technicals
NZD/JPY is edging higher on the day as the kiwi remains supported by upbeat data. Better-than-expected Electronic Card Retail Sales for January which showed an uptick in consumer spending using credit cards boosts the...

FxWirePro: USD/CNY hovers around 6.30 mark, PBOC sets yuan mid-point at 6.3001
Feb 12, 2018 06:22 am UTC| Technicals
USD/CNY is currently trading around 6.3070 marks. It made intraday high at 6.3075 and low at 6.2849 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.2800 mark. A...

FxWirePro: Gold trades higher on Global Equity turmoil, good to buy on dips
Feb 12, 2018 06:02 am UTC| Technicals
Gold has been highly volatile for the past two trading session. The yellow metal formed a minor bottom at $1306.56. The commodity jumped till $1326.50 at the time of writing. It is current trading around $1323.52. The...

FxWirePro: AUD/JPY consolidates break below major trendline support, bias lower, stay short
Feb 12, 2018 05:44 am UTC| Technicals
AUD/JPY is consolidating break below major trendline support at 85.50, bias still lower. The pair is trading in a narrow range, we see doji formation which suggests some indecision. Downside has held above 84...