
FxWirePro: AUD/CAD upside capped by 233- 4H MA, good to buy on dips
Dec 13, 2017 09:44 am UTC| Technicals
Major resistance 0.9745 (233- 4 H MA). AUD/CAD has shown a minor recovery of 168 pips from the low of 0.9579. The pair breaks trend line resistance at 0.97285 (trend line joining 0.99168 and 0.97865). It is currently...

Dec 13, 2017 09:23 am UTC| Technicals
USDJPY pops up doji pattern candles at peaks of rallies at 113.545 and 113.548 that are bearish in nature to signal more weakness in the days to come. Stiff resistance zone is observed at 113.458 to 114.474 areas, weve...

FxWirePro: GBP/NZD fails at 200W SMA, eyes 50-DMA at 1.9091, good to short break below
Dec 13, 2017 09:06 am UTC| Technicals
The pound sterling is extending weakness, remains on the back foot ahead of UK employment data due later today. Pound largely ignores UK data released yesterday which showed inflation rose to 6-year high in November....

FxWirePro: EUR/USD trade flat ahead of US FOMC meeting, good to sell below 1.1700.
Dec 13, 2017 08:51 am UTC| Technicals
Major resistance 1.1819 (233- H EMA). EURUSD slightly recovered after hitting 2 week low at 1.17176 yesterday. The pair is trading flat ahead of US fed meeting. US PPI data came slightly better than expected at 0.4%...

Dec 13, 2017 07:56 am UTC| Technicals
FxWirePros Hourly Currency Strength Index for GBP/AUD: Bias Bearish FxWirePros Hourly GBP Spot Index at 0730 GMT was at -94.3966: Bearish FxWirePros Hourly AUD Spot Index at 0730 GMT was at 107.307:...

Dec 13, 2017 07:03 am UTC| Technicals
Major resistance 151.40 (trend line joining 152.34 and 151.74, 233- H MA). GBP/JPY declined sharply after forming a temporary top at 153.41(Dec 8th 2017 high). The pair dipped till 150.83 and is currently trading...

FxWirePro: EUR/AUD breaks below 20-DMA, bias lower, stay short
Dec 13, 2017 06:56 am UTC| Technicals
EUR/AUD closes below 20-DMA at 1.5592 on Tuesdays trade, intraday bias lower. Technical studies are bias lower, and we evidence a bearish divergence on RSI and Stochs which raises scope for further downside. RSI...