FxWirePro: ETH/EUR breaks below 61.8% Fib, eyes 78.6% Fib at 371, stay short
Jun 13, 2018 11:04 am UTC| Technicals Digital Currency
ETH/EUR hovers around 400 handle, edges higher from new 2-month lows at 394 levels. The pair is extending break below Symmetric Triangle, scope for weakness. Technical studies support downside. Momentum...
FxWirePro: EUR/USD recovers slightly, markets eye US FOMC meeting
Jun 13, 2018 11:02 am UTC| Technicals
EUR/USD has shown a slight uptick ahead of US Fed monetary policy. US Donald Trump and Kim historic first meeting happened yesterday in Singapore and they have signed a denuclearization deal. Markets eye US FOMC policy...
FxWirePro: USD/CAD trades higher on NAFTA uncertainty, good to buy on dips
Jun 13, 2018 10:50 am UTC| Technicals
USD/CAD is trading higher and is slightly above 1.3000 level. Major event for the day is FOMC meeting and markets expects fed to hike interest rates. The Canadian dollar was trading lower following G7 summit in Quebec....
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...
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