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FxWirePro: NZD/USD bulls likely to gain traction upto next resistance on bullish SMA crossover – One touch binaries for speculation and futures for long hedge

Feb 23, 2017 07:08 am UTC| Technicals

Weve been neutral in a 0.7130-0.7240 range for Kiwi dollar against US dollar. Next strong resistance is seen at 0.7245 levels. Major resistance is seen at 0.7410 levels. When youve to observe the consolidation...

FxWirePro: USD/ZAR falls below 13.00 mark, stay bearish below 12.95

Feb 23, 2017 06:53 am UTC| Technicals

USD/ZAR is currently trading around 12.98 levels. It made intraday high at 13.02 and low at 12.92 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.17 marks. A daily...

FxWirePro: GBP/JPY forms symmetrical triangle pattern, good to sell on rallies

Feb 23, 2017 06:51 am UTC| Technicals

Chart pattern- Symmetrical triangle pattern Major resistance 142.05 (trend line joining 144.78 and 142.80) Major support 139.40 (200- day MA) GBP/JPY has declined once again after jumping till 142.05...

FxWirePro: USD/KRW remains well supported below 1,140 mark after BOK’s base rate decision

Feb 23, 2017 06:34 am UTC| Technicals

USD/KRW is currently trading around 1,138 levels. Pair made intraday high at 1,140 and low at 1,135 marks. Intraday bias remains neutral till the time pair holds key support at 1,138 marks. A daily close...

FxWirePro: Bullish RSI divergence on EUR/GBP hourly charts, good to go long on break above 0.85

Feb 23, 2017 06:22 am UTC| Technicals

EUR/GBP fails to hold break below 200-DMA at 0.8467, has edged higher to currently trade at 0.8488. The single currency showed a sharp rebound yesterday after Francois Bayou pulled out of the French Presidential race,...

FxWirePro: Buy Gold only above $1245

Feb 23, 2017 06:15 am UTC| Technicals

Major support - $1225 (21- day EMA) Major resistance - $1245 (Feb 8th high) The yellow metal is trading in narrow range between $1243.85 and $1226 for the past four trading sessions. It is currently trading...

FxWirePro: NZD/JPY struggles at 200-SMA, break above could see further upside

Feb 23, 2017 05:54 am UTC| Technicals

NZD/JPY struggles to extend break above 200-SMA at 81.58. The pair has retreated from session highs at 81.67 and is currently trading around 81.55. Intraday bias has turned bullish after break above 1H 100-SMA....

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