FxWirePro: GBP/JPY breaks 20 –day MA, dip till 150.50 likely
Jan 10, 2018 07:00 am UTC| Technicals
GBP/JPY has broken major trend line support at 152.40 and closed slightly below that level. The pair continuing its weakness for the second day and declined almost 100 pips. It is currently trading around...
FxWirePro: ETH/EUR hovers around 176.4% Fib at 1151, break above to see further upside
Jan 10, 2018 07:00 am UTC| Technicals Digital Currency
ETH/EUR has spiked past 1000 barrier to hit fresh all-time highs at 1150 levels. Technical bias still bullish, we see no signs of reversal in the pair. Price action has broken above major resistance at 161.8% Fib...
FxWirePro: USD/INR hits fresh 2-week high at 63.80 mark, bias remains bullish
Jan 10, 2018 06:34 am UTC| Technicals
USD/INR is currently trading around 63.77 marks. It made intraday high at 63.80 and low at 63.57 marks. Intraday bias remains bullish till the time pair holds key support at 63.48 mark. Key resistances are...
FxWirePro: USD/INR hits fresh 2-week high at 63.80 mark, bias remains bullish
Jan 10, 2018 06:34 am UTC| Technicals
USD/INR is currently trading around 63.77 marks. It made intraday high at 63.80 and low at 63.57 marks. Intraday bias remains bullish till the time pair holds key support at 63.48 mark. Key resistances are...
FxWirePro: Gold trades weak on rising US bond yields, good to sell on rallies
Jan 10, 2018 06:19 am UTC| Technicals
Gold is declining slightly after hitting high of $1325. The yellow metal dipped almost $17 from the high on rising U.S yields. US dollar index shows almost 70 pips jump from the low of 91.75. The slight recovery in US...
FxWirePro: EUR/JPY breaks below 20-DMA at 134.39, dip till 133 levels likely, stay short
Jan 10, 2018 06:09 am UTC| Technicals
EUR/JPY has broken support at 20-DMA at 134.39 to hit 3-week lows at 134 levels. The pair is extending downside for 4th successive session after shooting star at highs. The Bank of Japan, in a surprise decision...
Jan 10, 2018 06:04 am UTC| Technicals Insights & Views
Chart and candlestick pattern formed: Whipsaws pattern on intraday plotting that has evidenced price slumps below SMAs (4H chart) and failure swings at 78.6% Fibonacci retracements from the peaks of $1325.79 (refer weekly...
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