
Sep 01, 2017 10:28 am UTC| Research & Analysis Technicals
GBPUSD has been drifting in a range as shown in the daily charts, even on monthly terms price remained in the range from last 3-4 months (1.3268 - upper range and 1.2589 levels lower range). After shooting star candle...

FxWirePro: AUD/JPY rejected at session highs, slips back into daily cloud, bias neutral
Sep 01, 2017 09:22 am UTC| Technicals
AUD/JPY was rejected at session highs at 87.57, the pair slips back into daily cloud. Upside has been struggling at cloud top from multiple sessions, further upside only on break above. Technical studies are...

FxWirePro: GBP/JPY upside capped by 34- day EMA, good to sell on rallies
Sep 01, 2017 08:50 am UTC| Technicals
GBP/JPY recovered sharply after better than expected UK Manufacturing PMI data. UK manufacturing PMI came at 56.9 compared forecast of 55.0. The pair jumped sharply from the low of 142.10 till 142.36 at the time of...

FxWirePro: Silver trades almost flat ahead of U.S. NFP job data, downside limited
Sep 01, 2017 08:44 am UTC| Technicals
XAG/USD is currently trading around $17.52 marks. It made intraday high at $17.57 and low at $17.49 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.60 mark. A daily close...

Sep 01, 2017 08:24 am UTC| Technicals
EUR/JPY has formed Bearish Shark pattern on 4-hourly charts, scope for further downside. We notice bearish divergence on RSI and Stochs which adds to the bearish bias. The pair is trading in a narrow range, with...

FxWirePro: USD/ZAR fails to find support above 13.00 mark, good to sell on rallies
Sep 01, 2017 07:28 am UTC| Technicals
USD/ZAR is currently trading around 12.96 levels. It made intraday high at 13.02 and low at 12.96 levels. Intraday bias remains bearish for the moment. A daily close above 13.00 will take the parity...

FxWirePro: FTSE100 trades above ichimoku cloud, good to buy on dips
Sep 01, 2017 07:10 am UTC| Technicals
FTSE100 has formed a temporary bottom around 7282 and jumped sharply from that level. The index jumped till 7442 yesterday and is currently trading around 7448. Intraday trend is slightly bullish as the index is...
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