
FxWirePro: NZD/CAD holds 20-DMA support at 0.9026, break below to see further weakness
Jan 30, 2018 06:51 am UTC| Technicals
NZD/CAD edged higher from 2-week lows at 0.9008, currently trades at 0.9046 level. Kiwi derives support from upbeat New Zealand trade data while CAD dented on weakness in oil prices, pushing the pair...

FxWirePro: NZD/JPY breaks 200-DMA support, bias lower, stay short
Jan 30, 2018 06:32 am UTC| Technicals
Kiwi ignores upbeat NZ merchandise trade data, NZD/JPY edges lower, trades 0.22% down. New Zealand posted an unadjusted trade surplus of $640m in December, which was well above market expectations. Kiwi remains...

Jan 30, 2018 06:30 am UTC| Technicals
Chart and candlestick pattern formed: Gravestone long-legged doji candlesticks and rising channel patterns have occurred on daily plotting. The bullish engulfing pattern on the monthly chart. Gravestone doji, shooting...

FxWirePro: Gold trades weak on rising US yields, good to sell on rallies
Jan 30, 2018 06:09 am UTC| Technicals
Gold has declined almost $18 from the high of $1352 formed yesterday. The yellow metal selling was mainly due to rise in US yields and slight recovery in US dollar. US dollar index has recovered more than 100 pips from the...

FxWirePro: USD/TWD breaks key resistance at 29.20 mark, intraday bias remains bullish
Jan 30, 2018 05:52 am UTC| Technicals
USD/TWD is currently trading around 29.20 marks. It made intraday high at 29.23 and low at 29.12 marks. Intraday bias remains bullish till the time pair holds key support at 29.02 mark. A daily close above...

FxWirePro: AUD/USD capped at 0.81 handle, bearish Stochs divergence raises scope for downside
Jan 30, 2018 05:47 am UTC| Technicals
AUD/USD in the red for the 2nd straight session, as US Dollar finds its footing again. The major pauses its stellar rally, edges lower from 2-1/2 year highs at 0.8035. Upside in the pair remains capped at 0.81...

FxWirePro: AUD/USD capped at 0.81 handle, bearish Stochs divergence raises scope for downside
Jan 30, 2018 05:47 am UTC| Technicals
AUD/USD in the red for the 2nd straight session, as US Dollar finds its footing again. The major pauses its stellar rally, edges lower from 2-1/2 year highs at 0.8035. Upside in the pair remains capped at 0.81...