
FxWirePro: AUD/CHF hovers around 50-DMA at 0.7639, close above could see further upside
Oct 13, 2017 10:40 am UTC| Technicals
AUD/CHF fails to extend downside after breach at Triangle base, retraces back. The pair has bounced off with Doji formation at lows, is extending upside for 3rd successive session. Price action has edged above...

Oct 13, 2017 09:47 am UTC| Technicals Insights & Views
Historically, the stiff resistance zone is observed at 1.7130-50 mark. The doji and shooting stars appear at the peaks of rallies at 1.7060 and 1.7107 levels respectively. Upon the occurrence of these bearish patterns,...

FxWirePro: Copper hits new 5-week highs at 3.137, bias higher, stay long
Oct 13, 2017 09:24 am UTC| Technicals
Copper hits new 5-week highs at 3.137 before paring some gains to currently trade at 3.131 levels. Price is extending upside for 5th successive session, bias higher as long as price action holds above 5-DMA at...

FxWirePro: EUR/CAD finds stiff resistance at 100-DMA at 1.4783, bias neutral
Oct 13, 2017 08:22 am UTC| Technicals
EUR/CAD trades in Symmetric Triangle pattern, intraday bias neutral. The pair finds stiff resistance at 100-DMA at 1.4783, upside capped below. Technical studies do not show any clear directional bias. RSI is...

Oct 13, 2017 07:48 am UTC| Technicals
GBP/JPY has shown a huge buying at the low of 147.29 made yesterday. The pair jumped till 149.03 and is currently trading around 149.10. The pair should break above 149.15 high made yesterday and also trend line...
Oct 13, 2017 07:27 am UTC| Technicals
USD/ZAR is currently trading around 13.43 levels. It made intraday high at 13.48 and low at 13.41 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.55 mark. A daily close...

FxWirePro: EUR/USD trades higher on ECB QE tapering news, good to buy on dips
Oct 13, 2017 07:17 am UTC| Technicals
EUR/USD jumped slightly after hitting low of 1.18250 on better than expected US jobless claims data released yesterday. The pair jumped till 1.18514 and is currently trading around 1.18212. US dollar rebound slightly...