
May 23, 2019 11:10 am UTC| Technicals
Technical glance:Golds (XAUUSD) minor trend has formed a falling wedge pattern. Gravestone doji has occurred at stiff wedge resistance and at $1,296.20 levels, consequently, bears have been attempting to nudge prices...

FWirePro: EURUSD hits 4- week low on trade escalation, markets eye European election
May 23, 2019 11:07 am UTC| Technicals
EURUSD hits 4-week low at 1.11291 on account of US-Sino trade tension and Brexit uncertainty.US -China 11thround of talks happened on May 5thin Washington but ended with no trade deal. US imposed further tariffs to Chinese...

FxWirePro: Nifty declines after hitting 12000 on Modi's historic sweep, good to buy on dips
May 23, 2019 10:17 am UTC| Technicals
Nifty hits record high 12041 after BJP thumping victory in 2019 election. According to latest trend BJP ha crossed half way mark 270 and racing towards 345 mark.The index currently lost nearly 400 points from high on high...

Crypto Technicals: ETH/USD breaks below 200-SMA, tests 23.6% Fib at 234
May 23, 2019 09:34 am UTC| Digital Currency Technicals
ETH/USD chart - Trading View Exchange - Coinbase Support: 216.96 (21-EMA); Resistance: 267.51 (Weekly cloud base) Technical Analysis: Bias Neutral to Slightly Bearish ETH/USD trades 3.56% lower on the day at...

FxWirePro: GBPJPY slumps on Brexit turmoil, good to sell on rallies
May 23, 2019 08:23 am UTC| Technicals
GBPJPY is trading weak for past 2- week and lost more than 750 pips from high of 146.50. GBP was trading weak against all majors especially USD and hits 4-month low 1.2600.Theresa Mays day as PM numbered and conservative...

May 23, 2019 07:58 am UTC| Technicals
XAG/USD is currently trading around $14.44 marks. It made intraday high at $14.46 and low at $14.40 levels. Intraday bias remains neutral till the time pair holds key resistance at $14.37 mark. A daily close...

May 23, 2019 07:15 am UTC| Technicals
US Fed minutes shows that Central bank is follow patience approach for some time and no rush to change interest rates. US Dollar Index -Trend positive Holds well above 98 level after Fed meeting minutes. Any break...