FxWirePro: EUR/JPY hovers around 5-DMA, focus on German trade balance data
Dec 10, 2018 06:56 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis EUR/JPY is trading 0.16% higher at the time os writing at 128.61. Euro edges higher as markets await German trade balance and Eurozone sentix index data due...
FxWirePro: Gold hits 5-month high on weak US 10 year yield and US dollar, good to buy on dips
Dec 10, 2018 06:11 am UTC| Technicals
Gold trades higher and jumped more than $10 yesterday after weaker than expected US Non Farm Payroll data. The declining US 10 year yield and minor weakness in US dollar is also supporting yellow metal. It is currently...
FxWirePro: NZD/JPY retraces dip below 21-EMA, bearish divergence keeps scope for downside
Dec 10, 2018 05:48 am UTC| Technicals Research & Analysis
NZD/JPY chart on Trading View used for analysis NZD/JPY has retraced dip below 21-EMA and is currently trading at 77.78, up 0.26% on the day. Improved risk-appetite buoying the antipodeans and reducing demand...
Dec 10, 2018 05:36 am UTC| Technicals
Technical analysis (chart and candlestick patterns occurred):On daily plotting ofGBPJPY, bearish engulfing, shooting star, hanging man and spinning top patterns have countered the previous bullish trend to form double top...
FxWirePro: USD/JPY opens the week with a bearish bias, break below 110-EMA to see further declines
Dec 10, 2018 05:06 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY has started the week on a backfoot, trades 0.26% lower on the day at 112.39 at the time of writing. The pair is extending weakness on the back of an...
FxWirePro: Nikkei trades lower on US-China tension, good to sell on rallies
Dec 10, 2018 03:57 am UTC| Technicals
Asian marketsis showing major weakness following footsteps of Wall Street. US markets has lost sharply on Friday with Dow Jones 24389 (2.24% lower), SP500 2633 (2.33% lower) following slight weaker than expected US Non...
FxWirePro: USD/THB trades in narrow range, bias remains neutral
Dec 10, 2018 03:28 am UTC| Technicals
USD/THB is currently trading around 32.80 marks. It made intraday high at 32.86 and low at 32.78 marks. Intraday bias remains neutral till the time pair moves in stiff boundaries from 32.90 to 32.70...
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