
FxWirePro: EUR/AUD capped below major trendline resistance at 1.5125, upside only on break above
Oct 03, 2017 09:46 am UTC| Technicals
EUR/AUD extends choppy trade below major trendline resistance at 1.5125. The pair is trading in a Symmetric Triangle pattern and bias is bullish. The major finds stiff resistance at 1.5125 (falling trendline),...

FxWirePro: AUD/CHF rejected at 50-DMA (0.7652), good to go short on break below 0.7584
Oct 03, 2017 09:14 am UTC| Technicals
AUD/CHF was rejected at 50-DMA at 0.7652, slips lower to currently hover around 5-DMA at 0.7614. Aussie supported higher after Australia Aug building approvals rose to 0.4 % (forecast -0.5 %) vs previous -1.2 %...

FxWirePro: EUR/USD faces strong support at 200- WMA, close below targets 1.1600
Oct 03, 2017 09:07 am UTC| Technicals
EUR/USD has declined sharply after hitting high of 1.18324 on Sep 29th 2017 and declined sharply till 1.1700 after geo political tensions in Spain. Euro was trading weak against US dollar after voters in Catalonia was in...

FxWirePro: South African rand falls gradually against U.S. dollar, bias remains bullish
Oct 03, 2017 08:10 am UTC| Technicals
USD/ZAR is currently trading around 13.63 levels. It made intraday high at 13.65 and low at 13.57 levels. Intraday bias remains bullish till the time pair holds key support at 13.51 mark. A daily close...

FxWirePro: NZD/USD holds 200-DMA support, further weakness only on break below
Oct 03, 2017 08:03 am UTC| Technicals
NZD/USD has broken major trendline support at 0.7175 and hit 4-week lows at 0.7148. Kiwi falls against major peers as business confidence, capacity utilisation data fail to meet expectations. New Zealand Q3...

FxWirePro: USD/CHF breaks major resistance at 0.9770, jump till 0.9900 likely
Oct 03, 2017 07:22 am UTC| Technicals
USD/CHF has once again gained sharply yesterday after hitting a low of 0.96700. The pair has broken major resistance at 0.97730 the high made on Aug 8th 2017. The upside in USD/CHF was mainly duet strong US dollar index on...

Oct 03, 2017 07:08 am UTC| Technicals
Resembling bearish engulfing and doji pattern candles have formed at 151.140 and 151.099 levels respectively (refer daily charts). Consequently, the bears have managed to slide below 7DMAs, you can easily make out...