Day: March 31, 2019

WTI is headed for a test of the 200-D MA. Bulls need a break of the rising wedges resistance or risk will revert to a potentially heavy breako The post WTI Technical Analysis: Bulls should be concerned about bearish divergence and rising wedge appeared first on FXCM News .

Australia AiG Performance of Mfg Index down to 51 in March from previous 54 The post Australia AiG Performance of Mfg Index down to 51 in March from previous 54 appeared first on FXCM News .

Bears were let down by momentum with the price correcting at the 38.2% Fibo support of the 2019 swing low/high range for a run to test 0.7012. To the upside, the price can travel towards the 23.6% Fibo confluence with cloud top targetting the 0.72 handle on a break of trendline resistance and...

AUD/NZD daily chart Additional important levels: Overview Today last price 1.0432 Today Daily Change 7 The post AUD/NZD Technical Analysis: Struggles with 50-day SMA/50% Fibonacci, 1.0500 resistance confluence in spotlight appeared first on FXCM News .