
FxWirePro: DAX30 trades lower on weak global cues, good to sell on rallies
Feb 09, 2018 05:50 am UTC| Technicals
DAX index has declined almost 500 points from the minor top at 12649 made yesterday. SP500 declined sharply till 2581 almost 3.75% yesterday closed at days low. But SP futures is trading slightly positive. Overall trend is...

FxWirePro: AUD/JPY shows breakout at 'Symmetric Triangle' base, bias lower, stay short
Feb 09, 2018 05:42 am UTC| Technicals
AUD/JPY has broken support at Triangle Base at 85.50, scope for further downside seen. Price action has retraced from fresh 3-month lows at 84.38, has held minor support at Nov 28 lows (84.39). We see a spinning...

FxWirePro: Indian rupee erases previous loss against U.S. dollar, short term trend reversal likely
Feb 09, 2018 05:37 am UTC| Technicals
USD/INR is currently trading around 64.36 marks. It made intraday high at 64.62 and low at 64.34 marks. Intraday bias remains bearish till the time pair holds key resistance 64.62 mark. Key resistances are...

FxWirePro: NZD/USD bounces off 55-EMA, bias bearish, break below to test 200-DMA at 0.7147
Feb 09, 2018 05:01 am UTC| Technicals
Kiwi extended downside after dovish RBNZ on Thursday, NZD/USD hit fresh 4-month lows at 0.7176. The pair has edged higher from fresh 4-week lows below 0.72 handle, holds support at 55-EMA (0.7175). Technical...

FxWirePro: USD/THB fails to break key resistance at 31.92 mark, downside limited
Feb 09, 2018 04:41 am UTC| Technicals
USD/THB is currently trading around 31.82 marks. It made intraday high at 31.91 and low at 31.76 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.92 mark. A daily close...

FxWirePro: USD/THB fails to break key resistance at 31.92 mark, downside limited
Feb 09, 2018 04:41 am UTC| Technicals
USD/THB is currently trading around 31.82 marks. It made intraday high at 31.91 and low at 31.76 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.92 mark. A daily close...

FxWirePro: Taiwanese dollar falls gradually against U.S. dollar, stay bullish only above 29.50 mark
Feb 09, 2018 02:48 am UTC| Technicals
USD/TWD is currently trading around 29.40 marks. It made intraday high at 29.43 and low at 29.33 marks. Intraday bias remains neutral till the time pair holds key resistance at 29.50 mark. A daily close...