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FxWirePro: XAG/USD consolidates around $17.00 mark, stay bullish only above $17.08 mark

Jan 23, 2018 08:31 am UTC| Technicals

XAG/USD is currently trading around $17.02 marks. It made intraday high at $17.07 and low at $16.94 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.08 mark. A daily close...

FxWirePro: ETH/EUR holds 38.2% Fib support at 775, good to go short on break below

Jan 23, 2018 08:12 am UTC| Technicals Digital Currency

ETH/EUR is extending downside for 3rd consecutive session, trades 5.09% lower on the day. Upside in the pair remains capped below 5-DMA which is immediate resistance at 859. Downside in the pair is currently...

FxWirePro: USD/ZAR rejects key support at 12.02 mark, short term trend reversal likely

Jan 23, 2018 08:06 am UTC| Technicals

USD/ZAR is currently trading around 12.10 levels. It made intraday high at 12.11 and low at 12.04 levels. Intraday bias remains slightly bullish till the time pair holds key support at 12.02 mark. A daily...

FxWirePro: USD/CNY remains well supported below 6.40 mark, PBOC sets yuan mid-point at 6.4009

Jan 23, 2018 07:25 am UTC| Technicals

USD/CNY is currently trading around 6.3977 marks. It made intraday high at 6.4052 and low at 6.3900 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.4180 mark. A sustained...

FxWirePro: GBP/CAD pauses at major trendline resistance at 1.7435, resumption of upside likely on break above

Jan 23, 2018 07:07 am UTC| Technicals

GBP/CAD is trading in an extremely narrow range, struggles to find catalyst for its next move. Upside in the pair remains capped at major trendline resistance at 1.7435. We see resumption of upside on break...

FxWirePro: GBP/JPY break major trend line resistance at 154.90, jump till 156 likely

Jan 23, 2018 07:02 am UTC| Technicals

Trend line breakout: 154.95 (trend line joining 151.93 and 153.41). GBP/JPY continuing its bullish trend for past three days after forming a minor bottom at 153.11.The pair is trading higher and broken 155...

FxWirePro: NZD/CHF capped at 61.8% Fib, breakout to see further upside

Jan 23, 2018 06:43 am UTC| Technicals

NZD/CHF spikes past 5-DMA to hit fresh highs for the week at 0.7066. Upside was capped at 61.8% Fib retrace of 0.72909 to 0.67066 fall at 0.7067. The pair has bounced off 20-DMA with a hammer formation which...

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Technology

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