
FxWirePro: EUR/GBP hits new 3-week high at 0.8954, bias higher, 50-DMA at 0.9020 in sight, stay long
Oct 06, 2017 09:02 am UTC| Technicals
EUR/GBP edges lower from 3-week highs at 0.8954, intraday bias higher. Technical studies support upside in the pair, we see scope for test of 50-DMA at 0.9019. Stocks and RSI biased higher, RSI edges above 50...

FxWirePro: USD/CHF trades higher, good to buy on dips
Oct 06, 2017 07:20 am UTC| Technicals
USD/CHF has shown a major recovery from the low of 0.97096 made on Oct 4th 2017 on upbeat US economic data. . US jobless claim data released yesterday shows that claims fell more than expected to 260k compared to 272k...

FxWirePro: NZD/JPY holds 200-DMA support at 80.07, further weakness on break below
Oct 06, 2017 07:01 am UTC| Technicals
NZD/JPY consolidates previous sessions slump, trades narrow range on the day. The pair has paused downside at 200-DMA at 80.06 which is strong support. We see weakness accentuate on break below 200-DMA. Scope...

FxWirePro: EUR/USD Short term Outlook
Oct 06, 2017 06:59 am UTC| Technicals
EUR/USD continuing its losing streak and broken the support of 1.16965 made on Oct 3rd 2017 on account of strong US economic data and dovish ECB meeting minutes. It has declined till 1.16860 and is currently trading around...

Oct 06, 2017 06:46 am UTC| Technicals
The shooting star pattern candles have occurred quite often to disrupt uptrend, as and when this bearish pattern occurred at 1.1972, 1.2034, and 1.1947 levels on daily terms, 1.3768 and 1.1811 levels on monthly terms, you...

FxWirePro: NZD/USD slips below 0.71 handle, hits 4-month lows at 0.7091, bias lower
Oct 06, 2017 06:17 am UTC| Technicals
NZD/USD extends break below 200-DMA, hits 4-month lows at 0.7091. Broad-based USD strength on hawkish Fed chat and positive US data keeps the pair dented. Technical studies still bearish, next bear target lies at...

FxWirePro: Gold trades weak, market eyes US Non-farm payroll
Oct 06, 2017 05:23 am UTC| Technicals
Gold has declined slightly yesterday from the high of $1278 on stronger dollar and rising global equities. The yellow metal shown selling after slightly better than expected US jobless claims data. It is currently trading...