
FxWirePro: EUR/NOK unexpectedly spikes up to 9.78 mark after Norway’s CPI, GDP data
Feb 09, 2018 07:17 am UTC| Technicals
EUR/NOK is currently trading at 9.7580 levels. It made intraday high at 9.7836 and low at 9.6824 levels. Intraday bias remains bullish till the time pair holds key support at 9.7025 marks. A sustained break...

FxWirePro: Gold recovers slightly on safe haven demand, good to buy on dips
Feb 09, 2018 07:06 am UTC| Technicals
Gold has been highly volatile yesterday after hitting low of $1306. The yellow metal was fluctuating more than $15 on either side. The commodity jumped till $1322.50 yesterday. It is current trading around...

Feb 09, 2018 07:00 am UTC| Technicals
NZD/JPY extends downside in Bearish Cypher pattern, pauses downside at cloud base. Technical indicators are bearish. Break below 61.8% Fib will see further weakness. RSI and Stochs are biased lower. MACD supports...

FxWirePro: USD/CNY trades in narrow range after China’s CPI, PPI data
Feb 09, 2018 06:50 am UTC| Technicals
USD/CNY is currently trading around 6.3214 marks. It made intraday high at 6.3315 and low at 6.3156 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3221 marks will test key...

FxWirePro: AUD/USD on track to test 200-DMA at 0.7752, weakness could accentuate on break below
Feb 09, 2018 06:38 am UTC| Technicals
AUD/USD downside holds just above 200-DMA at 0.7752, bias still bearish. The pair hit 5-week lows of 0.7759 before paring some losses to currently trade at 0.7772 levels. Price has broken support at 50% Fib at...

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...