
FxWirePro:Sell US Dollar Index below 100
Apr 18, 2017 12:08 pm UTC| Technicals
Major support 98.86 (61.8% retracement of 95.89 and 103.82). Major resistance 101.34 (50% retracement of 102.25 and 98.86). DXY has shown a mild jump till 100.61 and started to decline from that level. The...

Apr 18, 2017 11:55 am UTC| Technicals
EUR/NZD recovered after showing a mild decline below 100-day EMA. The pair jumped till 1.5205 at the time of writing. It is currently trading around 1.51741. It should break above resistance 1.52100 (support turned...

Apr 18, 2017 11:09 am UTC| Technicals
Shooting star patterns have occurred at 21.5571 and 20.8273 levels on weekly and monthly terms respectively. Ever since this bearish pattern candlestick, the bears have constantly been dipping from wedge top line, for...

FxWirePro: GBP/USD struggles to break above 200- day MA, good to sell on rallies
Apr 18, 2017 10:03 am UTC| Technicals
Major Resistance 1.2630 (200- day MA). Cable cracked 1.2600 barrier and jumped till 1.26071 at the time of writing .The pair is facing strong resistance at 1.2615 (Mar 27th high) and 1.2630 (200- day MA and trend...

FxWirePro: AUD/NZD finds strong support at 1.0740, good to go short on break below
Apr 18, 2017 08:52 am UTC| Technicals
AUD/NZD down 0.60% on the day at the time of writing as Aussie dented post-RBA minutes. RBA minutes released this Tuesday morning took note of the rising household debt and weakness in consumption and labor...

FxWirePro: USD/CHF trades lower, good to sell on rallies
Apr 18, 2017 08:51 am UTC| Technicals
The pair is declining for the past one week after forming a top around 1.01078 on Apr 10th 2017. It is currently trading around 1.00306. Short term trend is still weak as long as resistance 1.0170 holds. Minor...

FxWirePro: Chinese yuan falls after China’s house price data
Apr 18, 2017 07:56 am UTC| Technicals
USD/CNY is currently trading around 6.8880 marks. It made intraday high at 6.8909 and low at 6.8799 levels. Intraday bias remains bullish till the time pair holds key support at 6.8750 mark. A sustained...