
Sep 06, 2017 06:48 am UTC| Technicals
AUDUSD has seemingly moved in non-directional trend after brief downtrend in the recent past. Consequently, bears have managed to show their effects by forming shooting star and spinning top patterns on daily terms (refer...

FxWirePro: USD/SGD breaks key support at 1.3545 mark, stay bearish
Sep 06, 2017 06:36 am UTC| Technicals
USD/SGD is currently trading around 1.3531 marks. It made intraday high at 1.3540 and low at 1.3519 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3572 mark . A daily close...

FxWirePro: AUD/JPY hovers around 20-DMA at 86.74, good to go short on break below
Sep 06, 2017 06:18 am UTC| Technicals
AUD/JPY extends downside after break below 50-DMA at 87.23, bias bearish. The pair is continuing in a possible Bullish Bat formation on daily charts. Markets disappointed as Q2 GDP was in line with forecasts....

FxWirePro: USD/INR breaks key resistance at 64.25 mark, bias remains bullish
Sep 06, 2017 05:58 am UTC| Technicals
USD/INR is currently trading around 64.23 marks. It made intraday high at 64.28 and low at 64.11 marks. Intraday bias remains bullish till the time pair holds key support at 63.99 marks. Key resistances are...

FxWirePro: Gold forms Bearish pattern in daily chart, good to sell on rallies
Sep 06, 2017 05:41 am UTC| Technicals
Harmonic Pattern formed Bearish AB= CD Potential reversal Zone - $1344.20 Gold is trading continuously positive for the past eight trading session. The yellow metal hits fresh year high after breaking $1337 high...

FxWirePro: Nikkei trades below 200- day MA, dip till 19000 likely
Sep 06, 2017 05:16 am UTC| Technicals
Nikkei has fallen to four month low on rising concerns over North Korea. North Korea is expected to launch another intercontinental ballistic missile towards its west coast by end of week. The demand for safe haven assets...

FxWirePro: USD/JPY trades below 109 handle, poised to extend decline, stay short
Sep 06, 2017 04:58 am UTC| Technicals
Growing unease in the market with the North Korea situation keeps the yen bid on Wednesday. US durable goods orders data was disappointing overnight, Fed speak also not encouraging for the USD bulls. Policymakers...
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