
Apr 18, 2017 07:31 am UTC| Technicals
EUR/JPY pares some losses from fresh 2017 lows at 114.85 to retake 116 handle. The pair has broken above 5-DMA at 115.84, close above could see more upside. Technical indicators do not show signs of reversal. RSI...

FxWirePro: USD/ZAR rejects key support at 13.25 mark, sustained close above targets 13.58
Apr 18, 2017 07:24 am UTC| Technicals
USD/ZAR is currently trading around 13.37 levels. It made intraday high at 13.37 and low at 13.25 levels. Intraday bias remains bullish till the time pair holds key support at 13.25 marks. A daily close...

Apr 18, 2017 07:14 am UTC| Technicals
AUDJPY pops up flurries of bearish patterns on weekly as well as monthly charts, uptrend momentum exhausted at 50% Fibonacci retracements. That is where shooting stars and hanging man patterns have occurred. As a...

FxWirePro: EUR/NZD faces strong resistance at 1.52100, good to sell on rallies
Apr 18, 2017 07:09 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 1.51864. It should break above resistance 1.52100 (support turned...

FxWirePro: GBP/AUD pivotal near 200-DMA, good to go long on break above
Apr 18, 2017 06:58 am UTC| Technicals
GBP/AUD is attempting break above crucial 200-DMA resistance currently at 1.6710. Price action is holding above daily cloud and momentum studies are bullish. We have evidenced a bullish RSI divergence on daily...

FxWirePro: NZD/USD holds above 20-DMA support at 0.6998, weakness only on break below
Apr 18, 2017 06:14 am UTC| Technicals
NZD/USD is trading a narrow range in the Asian session today as the Kiwi tracked the commodities and Aussie lower. Upbeat China data dump which showed upbeat GDP, industrial growth, fixed asset investment and retail...

FxWirePro: XAG/USD hovers around $18.40 mark, faces strong support at $18.32
Apr 18, 2017 06:08 am UTC| Technicals
XAG/USD is currently trading around $18.38 marks. It made intraday high at $18.41 and low at $18.32 levels. Intraday bias remains bullish till the time pair holds key support at $18.32 mark. A daily close...