Aug 28, 2018 06:47 am UTC| Technicals
GBPJPYchart and candlestick patterns occurred: Hammer has occurred at 140.827 levels, one can observe the bullish sentiments thereafter. The price rallies above 7 and 21-DMAs ever since the occurrence of this bullish...
FxWirePro: Gold trades higher on weak US dollar,good to buy on dips
Aug 28, 2018 06:40 am UTC| Technicals
Major resistance- $1217 The major three factors that drive gold prices US dollar Index: Trend Bearish. DXY upside capped by 38.2% fib. It hits high of 95.71 and declined more than 100 pips from the high. Short...
FxWirePro: EUR/NZD hits fresh 3-week highs at 1.7464, bias higher, stay long
Aug 28, 2018 06:08 am UTC| Technicals
Refer EUR/NZD chart on Trading View EUR/NZD hits fresh 3-week highs at 1.7464, intraday bias remains bullish. The pair is holding above 5-DMA which is immediate support at 0.7392. The single currency ticked...
FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.8052
Aug 28, 2018 05:43 am UTC| Technicals
USD/CNY is currently trading around 6.8171 marks. It made intraday high at 6.8201 and low at 6.8065 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8145 marks will test key...
FxWirePro: USD/INR back above 70.00 mark, stay bullish
Aug 28, 2018 05:15 am UTC| Technicals
USD/INR is currently trading around 70.09 marks. It made intraday high at 70.15 and low at 69.94 marks. Intraday bias remains bullish for the moment. Key resistances are seen at 70.25, 70.32, 70.56, 70.80...
FxWirePro: USD/JPY holds 21-EMA support, stay long on break above daily cloud
Aug 28, 2018 05:00 am UTC| Technicals
Refer USD/JPY chart on Trading View USD/JPY holds above 21-EMA, intraday bias bullish. Price action is holding above 111 handle, breakout above daily cloud could see further upside. Momentum studies are...
FxWirePro: AUD/CAD extends weakness below 5-DMA, eyes trendline support at 0.94
Aug 28, 2018 04:10 am UTC| Technicals
Refer AUD/CAD chart on Trading View AUD/CAD fails to close above 5-DMA, pares gains and closes in the red on Mondays trade. The pair has formed a Doji formation and is trading 0.19% lower on the day. Price...
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