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FxWirePro: EUR/CAD bounces off major trendline support at 1.47, eyes 200-DMA at 1.4483 on break below

Sep 04, 2017 10:14 am UTC| Technicals

EUR/CAD has edged off session lows at 1.4703 and is currently trading at 1.4789 levels. The pair finds major trendline support at 1.47 levels and we see weakness on break below. The pair has closed below 50-DMA...

USD/CAD : Oversold and Bullish divergence

Sep 04, 2017 09:50 am UTC| Technicals

USD/CAD has formed a minor bottom around 1.23405 and jumped slightly from that level. The pair has jumped till 1.24230 and is currently trading around 1.24100. The pair has taken support near monthly 55- EMA and any...

FxWirePro: NZD/JPY breaks major trendline support at 78.75, bias lower, stay short

Sep 04, 2017 08:45 am UTC| Technicals

Sell off seen across markets as the tensions escalate after North Koreas latest ballistic missile test. Safe haven assets like the Yen in demand, weighing on NZD/JPY. The pair is extending downside for 6th successive...

FxWirePro: CHF/JPY faces strong resistance at 113.90, break below targets 112.50.

Sep 04, 2017 08:40 am UTC| Technicals

Major support 113.90 CHJPY has formed minor top around 115.38 and started to decline from that level. The pair dipped till 113.96 and is currently trading around 114.33. Any break below 113.90 will drag the pair...

FxWirePro: USD/ZAR hovers around key resistance at 12.96 mark, consistent close above targets 13.22

Sep 04, 2017 07:52 am UTC| Technicals

USD/ZAR is currently trading around 12.96 levels. It made intraday high at 12.96 and low at 12.88 levels. Intraday bias remains neutral for the moment. A daily close above 12.96 will take the parity...

FxWirePro: Chinese yuan rises gradually against U.S. dollar, hits strongest level since May 2016

Sep 04, 2017 07:01 am UTC| Technicals

USD/CNY is currently trading around 6.5424 marks. It made intraday high at 6.5566 and low at 6.5404 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5887 mark. A sustained...

FxWirePro: AUD/NZD capped below major trendline resistance at 1.1150, upside only on break above

Sep 04, 2017 06:55 am UTC| Technicals

Antipodeans subdued on risk-aversion on escalating tensions after N.Korea successfully tested its sixth nuclear bomb. AUD/NZD is trading in a narrow range with days high at 1.1120 and low at 1.1087. Upside...

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Economy

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Technology

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