FxWirePro: USD/CNY trades in stiff boundaries, PBOC sets yuan mid-point at 6.8945
Jun 06, 2019 02:49 am UTC| Technicals
USD/CNY is currently trading around 6.9143 marks. It made intraday high at 6.9158 and low at 6.9083 levels. Intraday bias remains neutral till the time pair holds key support at 6.8976 mark. A sustained...
FxWirePro: USD/CNY trades in stiff boundaries, PBOC sets yuan mid-point at 6.8945
Jun 06, 2019 02:48 am UTC| Technicals
USD/CNY is currently trading around 6.9143 marks. It made intraday high at 6.9158 and low at 6.9083 levels. Intraday bias remains neutral till the time pair holds key support at 6.8976 mark. A sustained...
FxWirePro: Silver fails to break key resistance at $15.02 mark, downside limited
Jun 06, 2019 02:33 am UTC| Technicals
XAG/USD is currently trading around $14.76 marks. It made intraday high at $14.82 and low at $14.72 levels. Intraday bias remains bullish till the time pair holds key support at $14.62 mark. A daily close...
Jun 06, 2019 02:08 am UTC| Technicals
AUD/NZD is currently trading around 1.0511 marks. Pair made intraday high at 1.0532 and low at 1.0510 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0550 mark. A sustained...
FxWirePro: South Korean won trades almost flat in early Asia, stay neutral
Jun 06, 2019 01:26 am UTC| Technicals
EUR/KRW is currently trading around 1,324 mark. It made intraday high at 1,326 and low at 1,324 levels. Intraday bias remains neutral till the time pair holds key support at 1,321 mark. A sustained close...
FxWirePro: USDCAD hits 2-week low on broad based US dollar selling, good to sell on rallies
Jun 05, 2019 09:34 am UTC| Technicals
USDCAD trades lower for 4thconsecutive day and decline more than 150 pips on broad based US dollar selling. The declining bond yield and yield curve inversion is putting pressure on USD. Fed Chairman Powell clearly said...
EURUSD trades higher, any break above 100-day MA confirms bullish continuation
Jun 05, 2019 08:54 am UTC| Technicals
EURUSD trades higher for 3rdconsecutive day and jumped more than 130 pips on account of declining US yield. US 10 year yield is trading lower and hits fresh 21-month low at 2.05%. The yield curve inverted which signals...
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