
FxWirePro: NZD/USD holds break above 200-DMA, bias higher, stay long
Nov 29, 2016 07:29 am UTC| Technicals
NZD/USD is extending gains after break above 200-DMA on Mondays trade. Technical indicators have turned bullish, we see scope for test of 20-DMA at 0.7146. Upside in the pair is struggling at 23.6% Fib, break...

FxWirePro: USD/CNY falls below 6.90 mark, PBOC sets yuan mid-point at 6.8889
Nov 29, 2016 07:28 am UTC| Technicals
USD/CNY is currently trading around 6.8964 marks. It made intraday high at 6.9128 and low at 6.89 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.9330 marks. On...

FxWirePro: EUR/JPY struggles at 200-DMA support, good to short break below -
Nov 29, 2016 07:00 am UTC| Technicals
EUR/JPY is extending downside from multi-month highs at 120.16. Downside finds strong support by 200-DMA at 118.53, downside could accentuate on break below. EUR is likely to trade with a negative bias ahead of...

FxWirePro: USD/INR stabilizes above 68.50 mark, intraday bias remains neutral
Nov 29, 2016 06:39 am UTC| Technicals
USD/INR is currently trading around 68.57 marks. It made intraday high at 68.71 and low at 68.52 marks. Intraday bias remains neutral till the time pair holds immediate support at 68.30 marks. Key...

FxWirePro: Sell GBP/JPY on rallies
Nov 29, 2016 06:36 am UTC| Technicals
First Candle stick Doji (Nov 25th 2016) . Second candle stick- Closed well below the low of 1st candle. The pair has formed temporary top around 141.74 and started to decline sharply from that level....

Nov 29, 2016 06:19 am UTC| Technicals
The current prices jump above SMAs with bullish crossover after whipsaws (weekly plotting). We had already urged for the upswings after testing supports at 126.362 levels, thereafter, youve seen the bullish effects so...

FxWirePro: AUD/USD upside halts shy of 0.75 handle, stiff resistance at 0.7522
Nov 29, 2016 06:14 am UTC| Technicals
AUD/USD upside capped just below 0.75 handle, bias remains higher. The pair made high of 0.7497 in the Asian session before edging lower to currently trade around 0.7480 levels. 50% Fib at 0.7461 is strong...