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GBP/JPY: Buy above 151.40

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...

FxWirePro: AUD/USD hovers around 20-DMA at 0.7575, good to go long on close above

Dec 13, 2017 06:34 am UTC| Technicals

AUD/USD is extending gains for 3rd consecutive session, is trading 0.28% higher on the day at around 0.7577 levels. Upbeat Australia macro news and broad-based USD correction keeping the pair supported. Australia...

FxWirePro: Gold trend line break out

Dec 13, 2017 06:18 am UTC| Technicals

Gold recovered slightly from five month low of $1236.25 made yesterday. The yellow metal is consolidating in narrow range ahead of Fed meeting. It is currently trading around $1243.85. The US fed is expected to raise...

FxWirePro: USD/THB hovers around key support at 32.57 mark, sustained close below requires for downside rally

Dec 13, 2017 04:15 am UTC| Technicals

USD/THB is currently trading around 32.56 marks. It made intraday high at 32.61 and low at 32.57 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.70 mark. A daily close...

FxWirePro: USD/SGD remains well supported below 1.3550 mark, upside limited

Dec 13, 2017 04:04 am UTC| Technicals

USD/SGD is currently trading around 1.3512 marks. It made intraday high at 1.3529 and low at 1.3507 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3550 mark. A daily close...

FxWirePro: Aussie trades marginally higher on favourable consumer sentiment index

Dec 13, 2017 02:45 am UTC| Technicals

AUD/NZD is currently trading around 1.0904 marks. Pair made intraday high at 1.0905 and low at 1.0884 marks. Intraday bias remains bullish till the time pair holds key support at 1.0860 mark. A sustained...

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