
FxWirePro: NZD/JPY holds 200-DMA support at 80.07, further weakness on break below
Oct 06, 2017 07:01 am UTC| Technicals
NZD/JPY consolidates previous sessions slump, trades narrow range on the day. The pair has paused downside at 200-DMA at 80.06 which is strong support. We see weakness accentuate on break below 200-DMA. Scope...

FxWirePro: EUR/USD Short term Outlook
Oct 06, 2017 06:59 am UTC| Technicals
EUR/USD continuing its losing streak and broken the support of 1.16965 made on Oct 3rd 2017 on account of strong US economic data and dovish ECB meeting minutes. It has declined till 1.16860 and is currently trading around...

Oct 06, 2017 06:46 am UTC| Technicals
The shooting star pattern candles have occurred quite often to disrupt uptrend, as and when this bearish pattern occurred at 1.1972, 1.2034, and 1.1947 levels on daily terms, 1.3768 and 1.1811 levels on monthly terms, you...

FxWirePro: NZD/USD slips below 0.71 handle, hits 4-month lows at 0.7091, bias lower
Oct 06, 2017 06:17 am UTC| Technicals
NZD/USD extends break below 200-DMA, hits 4-month lows at 0.7091. Broad-based USD strength on hawkish Fed chat and positive US data keeps the pair dented. Technical studies still bearish, next bear target lies at...

FxWirePro: Gold trades weak, market eyes US Non-farm payroll
Oct 06, 2017 05:23 am UTC| Technicals
Gold has declined slightly yesterday from the high of $1278 on stronger dollar and rising global equities. The yellow metal shown selling after slightly better than expected US jobless claims data. It is currently trading...

FxWirePro: Nikkei daily outlook
Oct 06, 2017 03:25 am UTC| Technicals
Nikkei is consolidating in narrow range between 20588 and 20695 for the past three days ahead of US Non-farm payroll data which is to be released today. Global equity indices is trading high with all three US Index hits...

Oct 05, 2017 13:05 pm UTC| Technicals
USD/CHF has shown a minor recovery from the low of 0.97096 after better than expected US economic data. US Private jobs added 135k compared 130k for the month of September. US ISM services PMI came at 59.8% compared to...