FxWirePro: Gold declines slightly on strong US dollar, good to sell on rallies
Jun 15, 2018 06:56 am UTC| Technicals
Gold prices has once again declined after jumping slightly above 200- day MA. US dollar index was trading higher as ECB is planning to keep its rates on hold till summer 2019 and euro plunged to 2- week low. US 2 year bond...
FxWirePro: Indian rupee falls gradually against U.S. dollar, stay bullish
Jun 15, 2018 06:45 am UTC| Technicals
USD/INR is currently trading around 67.94 marks. It made intraday high at 67.94 and low at 67.83 marks. Intraday bias remains bullish till the time pair holds key support at 67.46 mark. Key resistances are...
Jun 15, 2018 06:37 am UTC| Technicals
Chart and candlestick patterns formed: Back-to-back shooting stars on weekly plotting and bearish engulfing patterns on daily plotting have occurred signal overbought pressures, while both leading oscillators substantiate...
Jun 15, 2018 06:37 am UTC| Technicals
Chart and candlestick patterns formed: Back-to-back shooting stars on weekly plotting and bearish engulfing patterns on daily plotting have occurred signal overbought pressures, while both leading oscillators substantiate...
FxWirePro: Nikkei trades higher on easing geo political tensions, good to sell on rallies
Jun 15, 2018 06:30 am UTC| Technicals
Asian markets were trading slightly lower on U.S China trade war. US President Trump has planned to impose pretty significant tariffs of almost $50 billion of Chinese goods on Friday. Euro hits two week low after more...
FxWirePro: AUD/USD edges higher from 4-week lows at 0.7452, bias lower, good to go short on upticks
Jun 15, 2018 06:22 am UTC| Technicals
AUD/USD hit 4-week lows at 0.7452 before paring some losses to currently trade at 0.7464 levels. The Fed raised rates by 25 basis points earlier this week and signaled faster rate hike path. Meanwhile, the RBA is not...
Jun 15, 2018 05:12 am UTC| Technicals
USD/JPY retraces from session lows at 110.45, trades 0.12% higher on the day at 110.75. Bank of Japan (BOJ) announced no changes to its monetary policy settings, holding rates at -10bps, while maintaining 10yr JGB...
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