
Oct 10, 2017 10:03 am UTC| Technicals Insights & Views
On daily terms, despite the ongoing selling sentiments observed from the last two days, the following features should not be disregarded: The bull swings are intensified last week ever since the strong support is tested...

FxWirePro: USD/CHF trades slightly weak on geopolitical tensions, good to sell below 0.9770
Oct 10, 2017 09:51 am UTC| Technicals
USD/CHF has declined slightly after showing a minor jump above 0.9800 on account of rising geo political tensions in North Korea. The pair dipped till 0.97700 and is currently trading around 0.97700. North Korea has...

FxWirePro: S&P500 Short term outlook
Oct 10, 2017 09:01 am UTC| Technicals
Chart Pattern formed Bearish divergence (RSI and CCI (50) in Monthly chart). SP500 has touched record high at 2552 on Oct 5th and is consolidating slightly from that level. The index hits low of 2541 and is currently...

FxWirePro: AUD/JPY extends consolidation, recovery attempts capped at 5-DMA
Oct 10, 2017 08:54 am UTC| Technicals
AUD/JPY is extending consolidation after break below 50-DMA. Bias lower as long as pair holds below 5-DMA at 87.78. Break above could see minor upside till 20-DMA at 88.46. Upbeat Australia NAB business...

FxWirePro: Silver remains well supported above $17.00 mark, stay bullish
Oct 10, 2017 08:20 am UTC| Technicals
XAG/USD is currently trading around $17.08 marks. It made intraday high at $17.08 and low at $16.91 levels. Intraday bias remains bullish till the time pair holds key support at $16.70 mark. A daily close...

FxWirePro: EUR/AUD struggles at major trendline resistance at 1.5155, good to go long on break above
Oct 10, 2017 08:00 am UTC| Technicals
EUR/AUD is trading a Rising Triangle pattern and has paused upside at major trendline resistance at 1.5155. The pair hit 6-week highs at 1.51496 before paring some of the gains to currently trade at 1.5122. The...

Oct 10, 2017 07:29 am UTC| Technicals
USD/ZAR is currently trading around 13.74 levels. It made intraday high at 13.80 and low at 13.73 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.86 mark. A daily close...