
FxWirePro: GBP/AUD holds 38.2% Fib support (1.6783), break below to see test of 200-DMA at 1.6656
Oct 06, 2017 11:44 am UTC| Technicals
GBP/AUD trades largely unchanged on the day, currently at 1.6834 levels. The pair edged higher from session lows at 1.6781, holds 38.2% Fib support. We see back-to-back Doji formations at lows which raises doubts...

FxWirePro: AUD/JPY finds strong support at 87.50, weakness likely on break below
Oct 06, 2017 11:14 am UTC| Technicals
AUD/JPY finds strong support at 87.50 (rising trendline), we see weakness to extend on break below. Aussie extends sell-off in the wake of the latest RBA rate cut talks. Price has edged higher from fresh 3-week...

FxWirePro: AUD/USD breaks below daily cloud, bias lower, 200-DMA at 0.7664 in sight, stay short
Oct 06, 2017 10:41 am UTC| Technicals
Aussie extends sell-off in the wake of the latest RBA rate cut talks. AUD/USD breaks below daily cloud, intraday bias bearish. Technical studies support downside, RSI and Stochs are sharply lower. MACD supports...

FxWirePro: CAD/JPY trades lower on weak Canada trade data, good to sell on rallies
Oct 06, 2017 10:29 am UTC| Technicals
CAD/JPY has formed a temporary top around 91.63 on Sep 15th 2017 and started to decline sharply from that level. The pair has broken the low of 89.84 made on Sep 29th 2017 after weaker than expected trade data from...

Oct 06, 2017 09:48 am UTC| Technicals
FxWirePros Hourly EUR Spot Index: 58.9912 (Neutral) FxWirePros Hourly NZD Spot Index: -147.018 (Bearish) Trend for EUR/NZD: Bullish Technical Studies: Bias Bullish - Stocks and RSI biased higher, RSI edges...

FxWirePro: EUR/GBP hits new 3-week high at 0.8954, bias higher, 50-DMA at 0.9020 in sight, stay long
Oct 06, 2017 09:02 am UTC| Technicals
EUR/GBP edges lower from 3-week highs at 0.8954, intraday bias higher. Technical studies support upside in the pair, we see scope for test of 50-DMA at 0.9019. Stocks and RSI biased higher, RSI edges above 50...

FxWirePro: USD/CHF trades higher, good to buy on dips
Oct 06, 2017 07:20 am UTC| Technicals
USD/CHF has shown a major recovery from the low of 0.97096 made on Oct 4th 2017 on upbeat US economic data. . US jobless claim data released yesterday shows that claims fell more than expected to 260k compared to 272k...