
FxWirePro: NZD/JPY finds strong support at 20-DMA, good to go short on break below
Jul 31, 2017 07:27 am UTC| Technicals
NZD/JPY extending downside for 3rd consecutive session, slips below 83 handle. Technical indicators have turned bearish, RSI and Stochs biased lower. The pair has broken below 5-DMA which caps upside at 83.20. We...

Jul 31, 2017 07:17 am UTC| Technicals Insights & Views
Hammer pattern candle has occurred at 88.140 levels (on 2H charts). Hammer offers support to bulls, as a result, the current prices spike above 7SMAs with gaining momentum. On a broader perspective, bulls have...

FxWirePro: USD/ZAR exhibits range bound movement, bias remains neutral
Jul 31, 2017 06:53 am UTC| Technicals
USD/ZAR is currently trading around 13.00 levels. It made intraday high at 13.02 and low at 12.94 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.09 mark. A daily close...

FxWirePro: USD/CHF Short term Outlook
Jul 31, 2017 06:47 am UTC| Technicals
Swiss Franc was major mover previous and it has tumbled sharply as safe haven funds flowed out in accelerated pace. Franc declined almost 2.5- 3% against all majors. The current slide in Swiss franc was mainly due to...

FxWirePro: AUD/USD fails to hold above 0.80 level, intraday bias neutral
Jul 31, 2017 06:45 am UTC| Technicals
AUD/USD fails to hold break above weekly 200-SMA, slips lower to close at 0.7986 in the previous week. Technicals on daily charts are turning. Bearish Stochastics divergence seen on daily charts. The following could...

FxWirePro: NZD/USD holds above 5-DMA, Bearish RSI divergence keeps scope for downside
Jul 31, 2017 06:15 am UTC| Technicals
NZD/USD stalls upside after poor China PMI and NZ business confidence earlier today. The pair erased most gains and trades largely muted at 0.7506, intraday bias neutral. Bearish RSI divergence on daily charts raises...

FxWirePro: XAU/USD trades slightly above Ichimoku cloud, jump till $1280 likely
Jul 31, 2017 06:08 am UTC| Technicals
Gold hits one and half month high on Friday on account of declining U.S dollar and weaker than expected U.S economic data. The yellow metal jumped till $1271.25 at the time of writing and is currently trading around...
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