
Oct 27, 2017 07:17 am UTC| Technicals
USD/CHF jumped sharply yesterday after ECB policy meeting. The pair hits high of 0.99979 at the time of writing. It has closed well above trend line resistance 0.9820 (trend line joining 1.03350 and 1.00998) .it is...

FxWirePro: USD/CNY hits fresh 3-week high at 6.6615, PBOC sets yuan mid-point at 6.6473
Oct 27, 2017 07:15 am UTC| Technicals
USD/CNY is currently trading around 6.6539 marks. It made intraday high at 6.6615 and low at 6.6390 levels. Intraday bias remains bullish till the time pair holds key support at 6.6255 mark. A sustained...

FxWirePro: Potential 'Bullish Cypher' on AUD/NZD raises scope for downside, good to short rallies
Oct 27, 2017 07:12 am UTC| Technicals
AUD/NZD corrects lower from 1 1/2 year highs at 1.1289 (Oct 24 high), slips below 1.12 handle. The pair 0.11% down on the day, hovers around 1.1175 levels, bias lower. Price action has slipped below 5-DMA support...

Oct 27, 2017 06:59 am UTC| Research & Analysis Insights & Views Technicals
Our highest conviction macro trade in recent weeks has been short GBP as we felt that UK rate hikes were overpriced given the weak starting point for UK growth and the existential Brexit shock that continues to dominate...

Oct 27, 2017 06:37 am UTC| Technicals
EUR/AUD retraces break above major trendline post ECBs dovish taper announcement. The pair edged lower from 16-month highs at 1.5392 and is currently trading at 1.5213 levels. The EUR fell sharply overnight,...

FxWirePro: Indian rupee falls gradually against U.S. dollar, downside limited
Oct 27, 2017 06:35 am UTC| Technicals
USD/INR is currently trading around 65.20 marks. It made intraday high at 65.20 and low at 65.05 marks. Intraday bias remains bullish till the time pair holds key support at 65.01 marks. Key resistances are...

Oct 27, 2017 06:31 am UTC| Technicals Insights & Views
Before we begin with this technical write up, lets glance through our previous write up on this pair, where we had advocated short hedges in order to arrest bearish risks a few days...