Apr 25, 2018 06:33 am UTC| Digital Currency Technicals Insights & Views
Lets shed some light on the underlying security (BTCUSD) before heading towards the price of bitcoin futures contracts of near month tenors. Both intraday and minor trends of BTCUSD have been weaker as the current price...
FxWirePro: Nikkei trades higher on account of weak yen, good to buy on dips
Apr 25, 2018 06:07 am UTC| Technicals
Nikkei recovered more than 1% from yesterday low of 21996 on account of weak yen. The yen declined sharply against all majors on easing geo political tensions. US markets Dow jones and SP500 has closed more than 1% lower...
FxWirePro: AUD/USD tests channel base support at 0.7572, good to go short on break below
Apr 25, 2018 05:48 am UTC| Technicals
AUD/USD continues to extend sell-off as Treasuries continue to climb, boosting the Greenback. The major is trading in a Slopping Channel pattern and finds strong support at channel base at 0.7572. Price action...
Apr 25, 2018 05:45 am UTC| Technicals
USD/INR is currently trading around 66.72 marks. It made intraday high at 66.73 and low at 66.45 marks. Intraday bias remains bullish till the time pair holds key support at 66.40 mark. Key resistances are...
FxWirePro: NZD/USD hits new 3-month lows at 0.7092, on track to test 61.8% Fib at 0.7031, stay short
Apr 25, 2018 05:25 am UTC| Technicals
NZD/USD bears firmly in control, pair slips below 0.71 handle to hit fresh 3-month lows at 0.7092. Sell-off in the pair continues after break below major supports - Triangle Base and 200-DMA. Technical analysis...
FxWirePro: Go long on XAG/USD only above $16.72 with stop loss at $16.64 and target of $17.02
Apr 25, 2018 03:56 am UTC| Technicals
XAG/USD is currently trading around $16.70 marks. It made intraday high at $16.71 and low at $16.66 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.72 mark. A daily close...
Apr 25, 2018 03:52 am UTC| Technicals
USD/JPY is trading in a narrow range, hovers around 100-DMA at 108.95. The major failed to hold gains above 109 handle on Tuesdays trade, closed at 108.80 after hitting fresh 2-month highs at 109.20. Data...
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