FxWirePro: GBP/USD trades weak after dovish hike by BOE, market eyes Brexit negotiations
Nov 06, 2017 10:16 am UTC| Technicals
Cable declined sharply in the previous week after BOE monetary policy meeting. BOE hiked rates as expected for the first time since 2007. But dovish hike by Central bank has pulled down the pound prices sharply. The pair...
FxWirePro: Silver slightly up, faces immediate resistance at $16.92 mark
Nov 06, 2017 08:36 am UTC| Technicals
XAG/USD is currently trading around $16.88 marks. It made intraday high at $16.88 and low at $16.73 levels. Intraday bias remains slightly bullish till the time pair holds key support at $16.72 mark. A daily...
FxWirePro: South African rand falls gradually against U.S. dollar, stay bullish
Nov 06, 2017 07:43 am UTC| Technicals
USD/ZAR is currently trading around 14.24 levels. It made intraday high at 14.28 and low at 14.18 levels. Intraday bias remains bullish for the moment. A daily close above 14.18 will take the parity...
Nov 06, 2017 07:09 am UTC| Technicals
FxWirePros Currency Strength Index bias for AUD/CAD: Bearish FxWirePros Hourly AUD Spot Index was at -75.8727 - (Bearish) FxWirePros Hourly CAD Spot Index was at 119.359 - (Bullish) Technical Analysis: Bias...
FxWirePro: USD/CHF trades higher, break above 1.0040 targets 1.0100
Nov 06, 2017 06:56 am UTC| Technicals
USD/CHF has once again recovered after hitting low of 0.99477 on Friday. The pair jumped after slightly better than expected US jobs data. It is currently trading around 1.00204. US economy has added 261K jobs in Oct...
Nov 06, 2017 06:56 am UTC| Technicals Insights & Views
After 50% Fibonacci retracements from the lows of 109.206 levels, the EURJPY price has been inching towards 2-years highs despite shooting star pattern at 132.336 levels (refer previous month candle). EURJPY rallies are...
FxWirePro: USD/INR rejects key support at 64.48 mark, bias turns bullish again
Nov 06, 2017 06:56 am UTC| Technicals
USD/INR is currently trading around 64.78 marks. It made intraday high at 64.81 and low at 64.69 marks. Intraday bias remains bullish till the time pair holds key support at 64.48 marks. Key resistances are...
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