
USD/CAD : Oversold and Bullish divergence
Sep 04, 2017 09:50 am UTC| Technicals
USD/CAD has formed a minor bottom around 1.23405 and jumped slightly from that level. The pair has jumped till 1.24230 and is currently trading around 1.24100. The pair has taken support near monthly 55- EMA and any...

FxWirePro: NZD/JPY breaks major trendline support at 78.75, bias lower, stay short
Sep 04, 2017 08:45 am UTC| Technicals
Sell off seen across markets as the tensions escalate after North Koreas latest ballistic missile test. Safe haven assets like the Yen in demand, weighing on NZD/JPY. The pair is extending downside for 6th successive...

FxWirePro: CHF/JPY faces strong resistance at 113.90, break below targets 112.50.
Sep 04, 2017 08:40 am UTC| Technicals
Major support 113.90 CHJPY has formed minor top around 115.38 and started to decline from that level. The pair dipped till 113.96 and is currently trading around 114.33. Any break below 113.90 will drag the pair...

FxWirePro: USD/ZAR hovers around key resistance at 12.96 mark, consistent close above targets 13.22
Sep 04, 2017 07:52 am UTC| Technicals
USD/ZAR is currently trading around 12.96 levels. It made intraday high at 12.96 and low at 12.88 levels. Intraday bias remains neutral for the moment. A daily close above 12.96 will take the parity...

FxWirePro: Chinese yuan rises gradually against U.S. dollar, hits strongest level since May 2016
Sep 04, 2017 07:01 am UTC| Technicals
USD/CNY is currently trading around 6.5424 marks. It made intraday high at 6.5566 and low at 6.5404 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5887 mark. A sustained...

FxWirePro: AUD/NZD capped below major trendline resistance at 1.1150, upside only on break above
Sep 04, 2017 06:55 am UTC| Technicals
Antipodeans subdued on risk-aversion on escalating tensions after N.Korea successfully tested its sixth nuclear bomb. AUD/NZD is trading in a narrow range with days high at 1.1120 and low at 1.1087. Upside...

FxWirePro: GBP/JPY upside capped by 55- day EMA, good to sell on rallies
Sep 04, 2017 06:35 am UTC| Technicals
GBP/JPY declined sharply after hitting high of 142.99 and any further bullishness can be seen only above 143.20. The JPY trades higher against all major pair after renewed tensions in North Korea. It is currently trading...
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