FxWirePro: GBP/JPY trades lower after UK CPI data, good to sell on rallies
Jun 13, 2018 09:42 am UTC| Technicals
GBP/JPY is consolidating between 148.11 and 146.09 for the past five trading days. UK CPI data came in line with expectations. UK CPI came at 2.4% Y/Y in line with estimate. The pair hits high of 147.89 at the time of...
FxWirePro: EUR/JPY ignores 'Gravestone Doji' formation, grinds higher along 5-DMA support
Jun 13, 2018 09:08 am UTC| Technicals
EUR/JPY trades 0.19% higher on the day, hovers around 129.91 levels at the time of writing. The major has retraced dip below 21-EMA, extends upside along 5-DMA support. Euro bulls have largely ignored a...
Jun 13, 2018 09:04 am UTC| Research & Analysis Insights & Views Central Banks Technicals
The US dollar index futures for near month tenors has risen above 93.800 mark ahead of todays Feds funds rate. If you observe monthly plotting of DXY technical chart, 2017 has shown the constant slumps especially after...
FxWirePro: South African rand weakens against U.S. dollar, hits lowest level since December 2017
Jun 13, 2018 07:48 am UTC| Technicals
USD/ZAR is currently trading around 13.38 levels. It made intraday high at 13.39 and low at 13.29 levels. Intraday bias remains bullish till the time pair holds key support at 13.13 mark. A daily close...
FxWirePro: GBP/CAD fails to extend break below 200-DMA, stay long, target 50-DMA at 1.7525
Jun 13, 2018 07:15 am UTC| Technicals
GBP/CAD fails to extend break below 200-DMA, bias has turned bullish. The pair is extending range trade along 21-EMA support, but bullish divergence keeps scope for further upside. Price action is above 200-DMA....
FxWirePro: Gold trades lower on easing geo political tension, good to sell on rallies
Jun 13, 2018 07:06 am UTC| Technicals
Gold prices declined slightly after hitting high of $1311. The geo political tensions has been eased today after US Donald Trump and Kim signed a document committing to work towards the complete denuclearization of the...
FxWirePro: Gold trades lower on easing geo political tension, good to sell on rallies
Jun 13, 2018 07:06 am UTC| Technicals
Gold prices declined slightly after hitting high of $1311. The geo political tensions has been eased today after US Donald Trump and Kim signed a document committing to work towards the complete denuclearization of the...
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