
FxWirePro: South African rand trades marginally lower after CPI, core CPI data
Aug 23, 2017 08:20 am UTC| Technicals
USD/ZAR is currently trading around 13.23 levels. It made intraday high at 13.25 and low at 13.13 levels. Intraday bias remains bullish for the moment. A daily close above 13.21 will take the parity...

Aug 23, 2017 08:15 am UTC| Technicals
EURGBP rallies for the day seems to be little edgy but not exhaustive, consequently, forms some bearish candlestick patterns such as gravestone doji, hanging man and spinning top amid the robust bullish trend. But the...

FxWirePro: FTSE100 2618 Trade Setup
Aug 23, 2017 08:01 am UTC| Technicals
Chart Pattern -2618 pattern Major Support 7290 The index has formed a temporary bottom around 7290 and shown a minor jump till 7390 yesterday and is currently trading 7383. FTSE100 upside capped by 61.8%...

FxWirePro: EUR/AUD holds above 50-DMA, eyes trendline at 1.50
Aug 23, 2017 07:25 am UTC| Technicals
EUR/AUD retraced dip below 50-DMA in last weeks trade and has since held above. Technical indicators are slightly bullish. RSI and stochs are biased higher and 5-DMA has turned. The pair has broken above daily...

FxWirePro: GBP/JPY upside capped by 7- day MA, good to sell on rallies
Aug 23, 2017 07:05 am UTC| Technicals
GBPJPY has shown a minor recovery after showing a minor dip below 140 level. The pair upside capped by 7day MA and any minor bullishness can be seen above that level. Intraday trend is still weak as long as resistance...

FxWirePro: AUD/NZD breaks major resistance at 1.0890, bias higher, stay long
Aug 23, 2017 06:50 am UTC| Technicals
AUD/NZD has broken major trendline resistance at 1.0890 on the weekly charts, bias still higher. Kiwi dented after New Zealand Treasurys bearish GDP forecasts, supports further upside in the pair. Treasury...

FxWirePro: USD/INR remains well supported above 64.00 mark, bias remains neutral
Aug 23, 2017 06:46 am UTC| Technicals
USD/INR is currently trading around 64.10 marks. It made intraday high at 64.11 and low at 64.01 marks. Intraday bias remains neutral till the time pair holds key support at 64.00 marks. Key resistances are...
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