
FxWirePro: Silver falls noticeably in European hours, stay short
Feb 05, 2020 08:55 am UTC| Technicals
XAG/USD is currently trading around $17.60 marks. It made intraday high at $17.72 and low at $17.52 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.72 mark. A daily close...

FxWirePro: USD/ZAR trades in narrow range, stay neutral
Feb 05, 2020 08:42 am UTC| Technicals
USD/ZAR is currently trading around 14.78 levels. It made intraday high at 14.83 and low at 14.76 levels. Intraday bias remains neutral till the time pair holds key support at 14.70 mark. A daily close...

FxWirePro: CHFJPY trades higher, jump till 113.80 likely
Feb 05, 2020 08:23 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 112.67 Kijun-Sen- 112.46 As per our analysis, CHFJPY has halted its 2-weeks of bearishness and shown a jump of more than 100 pips. The recovery was mainly...

FxWirePro: NZD/USD eases following mixed bag of labour data, faces resistance at 200-DMA
Feb 05, 2020 07:34 am UTC| Technicals
The New Zealand dollar eased, reversing some of its previous session gains following a mixed bag of labour data released earlier in the day. New Zealands unemployment rate fell in the final quarter of 2019 but jobs...

FxWirePro: Indian rupee trades marginally lower despite robust Nikkei services PMI data
Feb 05, 2020 07:01 am UTC| Technicals
USD/INR is currently trading around 71.21 marks. It made intraday high at 71.24 and low at 71.10 marks. Intraday bias remains bullish till the time pair holds key support at 71.10 mark. Key resistances are...

FxWirePro: Coronavirus and its impact on Gold
Feb 05, 2020 07:00 am UTC| Technicals
The year 2020 has been a very bad year for Asian countries until now, especially China due to an outbreak of coronavirus. The total number of death has increased to 500 with no symptoms of a slowdown. According to Chinas...

FxWirePro: USD/CNY trades in narrow range, further sideways movement likely
Feb 05, 2020 06:34 am UTC| Technicals
USD/CNY is currently trading around 7.0028 marks. It made intraday high at 7.0069 and low at 6.9960 levels. Intraday bias remains neutral till the time pair holds key resistance at 7.0207 mark. A sustained...