
FxWirePro: EUR/NZD holds support at 110-EMA, good to go long on break above 1.6975
Feb 27, 2018 08:46 am UTC| Technicals
EUR/NZD has broken above 100-DMA and is trading 0.37% higher on the day at around 1.6929. Price action has taken support at daily cloud base and 110-EMA and edged higher. Technical indicators are turning...

FxWirePro: XAG/USD hovers around $16.60 mark, Fed chair Powell’s testifies in focus
Feb 27, 2018 08:29 am UTC| Technicals
XAG/USD is currently trading around $16.62 marks. It made intraday high at $16.68 and low at $16.57 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.75 mark. A daily close...

Feb 27, 2018 07:47 am UTC| Technicals
Chart and candlestick pattern formed - Bearish RSI divergence since March2017 (refer monthly chart). The bulls struggle for momentum despite the breaking-out stiff resistance of 131.415 levels (daily...

FxWirePro: GBP/JPY struggles to close above 150, good to buy on dips
Feb 27, 2018 07:26 am UTC| Technicals
GBP/JPY has been once again shown good selling after hitting high of 150.01 yesterday. The pair decline was mainly due to slight dip in Pound sterling after hitting trend line resistance at 1.40699. The pair hits low of...

FxWirePro: USD/ZAR moves in rigid boundaries, bias remains neutral
Feb 27, 2018 07:23 am UTC| Technicals
USD/ZAR is currently trading around 11.57 levels. It made intraday high at 11.59 and low at 11.53 levels. Intraday bias remains neutral for the moment. A daily close above 11.55 will take the parity...

FxWirePro: Gold trades flat, market eyes Fed Chair congress testimony
Feb 27, 2018 06:40 am UTC| Technicals
Gold is consolidating between $1340 and $1330 for the two trading session. The yellow metal shown a good recovery yesterday on weak US dollar. Fed Chairman Jerome Powells first testimony in Congress will be major event to...

FxWirePro: AUD/CAD rejected at major trendline resistance at 0.9975, upside only on break above
Feb 27, 2018 06:39 am UTC| Technicals
AUD/CAD has seen repeated rejections at major trendline resistance currently at 0.9975. Technical indicators still support upside in the pair. But, we see any further upside for the pair only on breakout at...