
FxWirePro: EUR/JPY extends consolidation at 61.8% Fib, decisive breakout to see further upside
Jul 06, 2017 08:26 am UTC| Technicals
Escalating geopolitical tensions between the US and N. Korea continues to weigh on investors sentiment keeping JPY supported. The single currency is seen gaining some momentum as markets await ECB minutes from the...

FxWirePro: USD/ZAR hits fresh 2-month high at 13.49 mark, good to buy on dips
Jul 06, 2017 07:53 am UTC| Technicals
USD/ZAR is currently trading around 13.41 levels. It made intraday high at 13.45 and low at 13.34 levels. Intraday bias remains bullish till the time pair holds key support at 13.15 mark. A daily close...

Jul 06, 2017 07:14 am UTC| Technicals Insights & Views
After big bearish engulfing pattern candle, bears have managed to remain below 21DMA consistently (refer 4H charts). History repeats in the major trend, ever since it has broken channel resistance at 80.356 levels, the...

FxWirePro: 'Death Cross' on AUD/NZD keeps bias lower, stay short for 1.0375
Jul 06, 2017 07:13 am UTC| Technicals
Death Cross (bearish 50-DMA crossover on 200-DMA) on AUD/NZD adds to the downside bias. RBA retained its neutral monetary policy stance and reiterated risks associated with rising exchange rate, weighing on the...

FxWirePro: Buy USD/CHF on dips
Jul 06, 2017 07:07 am UTC| Technicals
USD/CHF jumped till 0.96882 and shown a slight decline from that level. It is currently trading around 0.96535. Markets shown a slight movement after Fed FOMC minutes meeting. The meeting minutes showed that the Fed...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, PBOC sets yuan mid-point at 6.7953
Jul 06, 2017 06:46 am UTC| Technicals
USD/CNY is currently trading around 6.8044 marks. It made intraday high at 6.8048 and low at 6.7951 levels. Intraday bias remains bullish till the time pair holds key support at 6.7915 marks. A sustained...

FxWirePro: AUD/USD extends decline for 4th straight session, bias lower, stay short
Jul 06, 2017 06:18 am UTC| Technicals
AUD/USD extends decline for 4th straight session after rejection at channel top. Technical indicators are bearish, RSI and Stochs are biased lower, MACD is on verge of bearish crossover on signal line. The Aussie...