FxWirePro: USD/CNY back below 6.94 mark, PBOC sets yuan mid-point at 6.9353
Nov 29, 2018 07:02 am UTC| Technicals
USD/CNY is currently trading around 6.9382 marks. It made intraday high at 6.9538 and low at 6.9356 levels. Intraday bias remains bearish for the moment. A sustained close above 6.9533 marks will test key...
FxWirePro: GBP/NZD Near-Term Outlook
Nov 29, 2018 06:50 am UTC| Technicals Research & Analysis
GBP/NZD chart on Trading View used for analysis FxWirePro Currency Strength Index for GBP/NZD: Bias Bearish FxWirePros Hourly GBP Spot Index was at -64.2315 (Neutral) FxWirePros Hourly NZD Spot Index was at 104.013...
FxWirePro: USD/CHF trades lower on broad based US dollar selling, good to sell on rallies
Nov 29, 2018 06:25 am UTC| Technicals
USD/CHF shown a minor jump above 1.000 level and not able hold above that level on account of dovish Fed Chairman statement. Fed Chairman Powell said that interest rates are below neutral level and this indicates that Fed...
FxWirePro: Indian rupee strengthens against U.S. dollar, hits highest level since August 27
Nov 29, 2018 06:20 am UTC| Technicals
USD/INR is currently trading around 69.83 marks. It made intraday high at 70.28 and low at 69.83 marks. Intraday bias remains bearish for the moment. Key resistances are seen at 70.28, 70.64, 70.80, 71.05,...
FxWirePro: NZD/CAD hits 5-month highs at 0.9134, bias bullish, stay long
Nov 29, 2018 06:13 am UTC| Technicals Research & Analysis
NZD/CAD chart on Trading View used for analysis NZD/CAD has hit 5-month highs at 0.9134 on Wednesdays trade, bias higher. The pair is extedning a bounce off strong support at 200-DMA and has broken above 61.8%...
FxWirePro: Gold recovers sharply on Fed’s dovish stance and weak US dollar, good to buy on dips
Nov 29, 2018 05:49 am UTC| Technicals
Gold has recovered sharply more than $10 after dovish Fed chair comment and slightly weak dollar.It is currently trading around $1224.85. The major three factors that drive gold prices US dollar Index: Weak.DXYhas...
FxWirePro: USD/JPY breaches 5-DMA support, dovish remarks by Fed Chair Powell support USD bears
Nov 29, 2018 05:14 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY slips below 5-DMA support after the pair was rejected at 114 handle on Wednesdays trade. Fed Chair Powells comments on the policy outlook weighed on the...
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