
FxWirePro: Kiwi gains in early hours of Asia on robust CPI data
Jan 26, 2017 01:00 am UTC| Technicals
AUD/NZD is currently trading around 1.0375 marks. Pair made intraday high at 1.0389 and low at 1.0359 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0470 marks. A...
FxWirePro: EUR/USD pauses decline, downside risk remains
Jan 25, 2017 15:00 pm UTC| Technicals
The EUR /USD pair fell as low as 1.0717 in the early US session as renewed hopes that U.S. President Donald Trump will unleash growth-friendly spending policies boosted greenback. Investors turned their attention to...

Jan 25, 2017 13:25 pm UTC| Technicals
In this edition of technical analysis of USDZAR, weve emphasized more on long-term prospects of USDZAR coupled with short term trend as well. The pair extends dragging price drops, the current prices have consistently...

FxWirePro: FTSE100 upside capped by 7- day MA, good to sell on rallies
Jan 25, 2017 12:33 pm UTC| Technicals
Major support 7130 (resistance turned into support). Major resistance 7360 FTSE100 shown a slight jump above pschycological level of 7200 from the low of 7129 made on 23rd Jan 2017. It is currently trading...

Jan 25, 2017 12:02 pm UTC| Technicals
Major resistance -1.2550 (trend line joining 1.2435 and 1.25455) Major support 1.24785 (trend line joining 1.22605 and 1.24180) Cable has taken support near 60 day EMA and jumped sharply from that level. It is...

GBPUSD trades above major resistance at 1.2550, targets 1.2770
Jan 25, 2017 10:55 am UTC| Technicals
Major resistance -1.2550 (trend line joining 1.2435 and 1.25455) Major support 1.24785 (trend line joining 1.22605 and 1.24180) Cable has taken support near 60 day EMA and jumped sharply from that level. It is...

Jan 25, 2017 09:57 am UTC| Technicals
AUDJPY bears resume precisely at 50% Fibonacci retracement and 21-EMA with a shooting star formation (see monthly chart), thereby, we could now see the struggle in the consolidated phase that was persistent from last...