FxWirePro: USD/TRY trades in narrow range, Turkey’s lending-borrowing rate decision in focus
Apr 25, 2018 08:45 am UTC| Technicals
USD/TRY is currently trading at 4.0806 levels. It made intraday high at 4.0906 and low at 4.0714 levels. Intraday bias remains neutral till the time pair holds key support at 4.0600 levels. Key resistances...
FxWirePro: GBP/NZD breaks major resistance at 1.96, good to go long on dips
Apr 25, 2018 08:21 am UTC| Technicals
GBP/NZD has shown a decisive breakout at 1.96 (Triangle Top), bias higher. The major trades with a bullish momentum, scope for test of 1.98 levels. RSI shows strength at 67 levels with room to run further. Stochs...
FxWirePro: USD/ZAR jumps above 12.40 mark, good to buy on dips
Apr 25, 2018 07:38 am UTC| Technicals
USD/ZAR is currently trading around 12.40 levels. It made intraday high at 12.42 and low at 12.31 levels. Intraday bias remains bullish till the time pair holds key support at 12.20 mark. A daily close...
FxWirePro: GBP/JPY trades higher on easing geo political tension, good to buy on dips
Apr 25, 2018 07:27 am UTC| Technicals
GBP/JPY has shown a good recovery of more than 100 pips yesterdays low of 151.40 on account weak Yen. The yen was trading weak against all majors from Friday on account of easing geo political tensions and rising US bond...
FxWirePro: Gold trades weak as bond yield hits 4 year high, good to sell on rallies
Apr 25, 2018 06:57 am UTC| Technicals
Gold has shown a minor $10 jump from low of $1322 and every minor jump is used as selling opportunity by traders. The sharp jump in US 10 year yield was the main reason for decline in yellow metal.US 10 year yield and Gold...
FxWirePro: Chinese yuan trades marginally lower, PBOC sets yuan mid-point at 6.3066
Apr 25, 2018 06:42 am UTC| Technicals
USD/CNY is currently trading around 6.3103 marks. It made intraday high at 6.3116 and low at 6.3013 levels. Intraday bias remains bullish till the time pair holds key support at 6.3000 mark. A sustained...
Apr 25, 2018 06:33 am UTC| Technicals
EUR/NZD is extending its streak of gains for the 9th straight session, trades 0.25% higher on the day. The pair has shown breakout of Symmetric Triangle pattern which has raised scope for further...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects