FxWirePro: BTC/USD trades lower following breach of 90-EMA support, good to go short on rallies
Aug 03, 2018 07:33 am UTC| Digital Currency Technicals
BTC/USD is trading lower on Friday as it broke below 90-EMA. The pair is currently trying to hold 55-EMA support and trading at 7324 levels at the time of writing (Bitstamp). On the topside, resistance is seen at...
FxWirePro: USD/CHF recovers more than 100 pips on broad based US dollar buying, good to buy on dips
Aug 03, 2018 07:29 am UTC| Technicals
USD/CHF has shown a good recovery of more than 100 pips after more hawkish Fed statement. Fed was more optimistic on economy and has upgraded from solid to strong for first time since 2006. This confirms two more rate...
FxWirePro: USD/ZAR hits fresh weekly high at 13.50 mark, South Africa’s economic PMI data in focus
Aug 03, 2018 06:44 am UTC| Technicals
USD/ZAR is currently trading around 13.50 levels. It made intraday high at 13.50 and low at 13.43 levels. Intraday bias remains bullish till the time pair holds key support at 13.22 marks. A daily close...
FxWirePro: GBP/JPY trades lower, good to sell on rallies
Aug 03, 2018 06:04 am UTC| Technicals
GBP/JPY has lost more than 130 pips yesterday after BOE monetary policy. BOE has hiked interest rates by 25bpbs and more dovish comment from governor Carney has dragged the pound sterling lower.Cable has lost almost more...
Aug 03, 2018 05:48 am UTC| Technicals
GBPAUD forms back-to-back bearish patterns at 1.7817 and 1.7822 levels, consequently, bears managed to plummet prices below EMA (refer weekly chart). While the consolidation phase in the intermediate trend seems...
FxWirePro: USD/INR back above 68.50 mark, bias remains bullish
Aug 03, 2018 05:23 am UTC| Technicals
USD/INR is currently trading around 68.55 marks. It made intraday high at 68.64 and low at 68.46 marks. Intraday bias remains slightly bullish till the time pair holds key support at 68.15 mark. Key...
FxWirePro: Gold trades lower as US dollar hits 2-week high, markets eye US non farm payroll data
Aug 03, 2018 03:41 am UTC| Technicals
Overall trend - bearish Gold has lost more than $15 in yesterdays trading as US dollar index hits 2 week high. The yellow metal hits low of $1206.64 at the time of writing. The rising trade tensions and hawkish US Fed...
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