
Dec 18, 2017 10:04 am UTC| Technicals
The minor trend of NZDJPY was sliding through the sloping channel so far, but for now, the continuous rallies from last one month or so, it tested channel support at 76.090 levels. Ever since then, the current price has...

FxWirePro: GBP/USD Daily Outlook
Dec 18, 2017 09:49 am UTC| Technicals
Cable has declined almost 170 pips from the high of 1.34695made previous week. The UK and EU has reached deal for the first phase and next phase is crucial as negotiators move onto the potentially more complicated...

FxWirePro: USD/CAD recovers on weak Canada’s factory orders, good to buy on dips
Dec 18, 2017 09:13 am UTC| Technicals
USD/CAD recovered sharply after weaker than expected Canada factory orders. The pair jumped almost 170 pips and is currently trading around 1.28572. Canadian manufacturing sales has declined 0.4% compared to forecast...

FxWirePro: GBP/AUD rejected at session highs, eyes 50-DMA at 1.7301, stay short
Dec 18, 2017 08:36 am UTC| Technicals
GBP/AUD extends weakness for 2nd consecutive week, closes below 5W SMA in the previous weeks trade. Pound remains weak as Brexit negotiations proceed to next stage - regarding trade and the transition...

FxWirePro: XAG/USD remains well supported above $16.00 mark, good to sell on rallies
Dec 18, 2017 08:17 am UTC| Technicals
XAG/USD is currently trading around $16.04 marks. It made intraday high at $16.05 and low at $15.98 levels. Intraday bias remains slightly bullish till the time pair holds key support at $15.98 mark. A daily...

FxWirePro: Chinese yuan falls as house prices data misses expectations
Dec 18, 2017 07:23 am UTC| Technicals
USD/CNY is currently trading around 6.6127 marks. It made intraday high at 6.6135 and low at 6.6087 levels. Intraday bias remains bullish till the time pair holds key support at 6.6065 mark. A sustained...

FxWirePro: Buy USD/CHF above 0.9925
Dec 18, 2017 07:05 am UTC| Technicals
USD/CHF is trading flat with positive bias after more dovish Swiss central bank. The pair jumped almost 100 pips from the previous week low of 0.98399. US dollar prices are supported by tax bill which will be passed this...