FxWirePro:USD/THB consolidates around 31.50 mark, stay bullish
Apr 26, 2018 01:30 am UTC| Technicals
USD/THB is currently trading around 31.54 marks. It made intraday high at 31.56 and low at 31.51 marks. Intraday bias remains slightly bullish till the time pair holds key support at 31.40 mark. On the top...
FxWirePro: South Korean won trades marginally higher on robust GDP data
Apr 26, 2018 01:03 am UTC| Technicals
EUR/KRW is currently trading around 1,313 mark. Pair made intraday high at 1,314 and low at 1,312 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 1,320 mark. A...
FxWirePro: Rosy opportunity in writing strangles as USD/ZAR back in range
Apr 25, 2018 13:54 pm UTC| Research & Analysis Technicals
The rising oil price and a rise in US yields caused the EM currencies to depreciate against USD since the start of the week, with the South African rand recording the heaviest losses. USDZAR bounced back towards 12.40...
FxWirePro: LTC/USD faces strong resistance at 100- day MA, good to buy on dips
Apr 25, 2018 12:52 pm UTC| Technicals
LTC/USD has shown a minor profit booking after 50% jump from low of 109.35. The pair jumped till 166 and shown a minor dip till 144. The pair has formed major double bottom around 106 and shown a good jump of more than 40%...
FxWirePro: EOS/USD downside capped by 23.6% fibo, good to buy on dips
Apr 25, 2018 12:51 pm UTC| Technicals
EOS/USD has shown a minor 17% profit booking after a jumping more than 50% in previous week after hitting low of 7.80 level. The pair has broken major resistance $15.75 high made 4 months before and jumped till $16.17.It...
FxWirePro: XRP/USD faces strong support at 0.770, good to buy on dips
Apr 25, 2018 12:20 pm UTC| Technicals
Ripple has shown a minor profit booking yesterday after a 115% jump from the low of 0.4500. The pair hits high of 0.96490 and is currently trading around 0.8298. The pair has declined almost 18% yesterday. Overall trend is...
Apr 25, 2018 11:05 am UTC| Technicals
Candle stick pattern Bearish Engulfing pattern (Weekly chart). Cable has shown huge decline almost more than 350 pips in previous week and is continuing its bearish in this week. The pair has formed bearish engulfing...
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