FxWirePro: Gold forms Evening star candle stick pattern, good to sell on rallies
Feb 22, 2019 06:21 am UTC| Technicals
Candlestick pattern- Evening star Gold has declined nearly $20 dollars after hitting 10-month high of $1346. The decline was due to increasing risk sentiment has reduced demand for safe haven. The yellow metal hits...
FxWirePro: Chinese yaun trades marginally lower despite higher than expected house price data
Feb 22, 2019 06:16 am UTC| Technicals
USD/CNY is currently trading around 6.7245 marks. It made intraday high at 6.7337 and low at 6.7194 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.7194 marks. A...
FxWirePro: EUR/NZD finds strong resistance at 1.6770, good to go long on break above
Feb 22, 2019 06:08 am UTC| Technicals
EUR/NZD chart on Trading View used for analysis Technical Analysis: Intraday Trend: Slightly bullish; Major Trend: Bearish EUR/NZD is trading at 1.6727, up 0.38% on the day. Upside finds major resistance at...
FxWirePro: USD/INR trades in narrow range, further sideways movement likely
Feb 22, 2019 05:57 am UTC| Technicals
USD/INR is currently trading around 71.10 marks. It made intraday high at 71.18 and low at 71.07 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 71.18, 71.32, 71.71, 72.02,...
Feb 22, 2019 05:04 am UTC| Technicals
EUR/GBP chart on Trading View used for analysis EUR/GBP recovery is capped below 0.87 handle, upside is unlikely to gather traction. ECB minutes on Thursday had a dovish tilt, acknowledging that near-term growth...
FxWirePro:Nikkei declines slightly on global growth outlook concern, good to buy on dips
Feb 22, 2019 04:32 am UTC| Technicals
Asian marketsare trading slightly lowerespecially Nikkei declined slightly following footsteps of US markets. US Durable goods orders rose by 1.2% in Dec but core capital goods orders dropped unexpectedly by 1% compared to...
Feb 22, 2019 04:28 am UTC| Technicals
NZD/USD chart on Trading View used for analysis NZD/USD is extending downside on the day after the RBNZ said that an increase in bank capital requirement could lead to an interest rate cut. RBNZs Deputy Governor...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects