FxWirePro: Silver rises gradually against U.S. dollar, bias remains bullish
Jul 21, 2017 01:54 am UTC| Technicals
XAG/USD is currently trading around $16.30 marks. It made intraday high at $16.33 and low at $16.27 levels. Intraday bias remains bullish till the time pair holds key support at $16.12 mark. A daily close...
FxWirePro: EUR/KRW stabilizes above 1,300 mark, stay bullish
Jul 21, 2017 01:15 am UTC| Technicals
EUR/KRW is currently trading around 1,303 mark. Pair made intraday high at 1,303 and low at 1,301 levels. Intraday bias remains bullish till the time pair holds key support at 1,290 mark. A sustained close...
FxWirePro: EUR/USD intraday upside momentum strong after ECB policy decision
Jul 20, 2017 14:59 pm UTC| Technicals
The EUR/USD rose sharply on Thursday after ECB head Mario Draghi said the bank would discuss the future of its 2-trillion-euro stimulus programme at one of its next two meetings. ECB President Mario Draghi sought to...
FxWirePro: USD/CAD neutral in the near-term, scope for downward resumption
Jul 20, 2017 14:04 pm UTC| Technicals
The USD/CAD pair declined on Thursday as oil prices rose and the greenback turned lower against a basket of major currencies. The U.S. dollar gave up earlier gains after a regional gauge of business conditions fell to...
FxWirePro: US Dollar Index upside caped by 23.6% fibo, good to sell on rallies
Jul 20, 2017 13:13 pm UTC| Technicals
U.S dollar index has shown a minor jump till 95.05 at the time of writing after hitting low of 94.48. It is currently trading around 94.76. In the daily chart, index upside capped by 5- day MA at 95.10 and any break...
Jul 20, 2017 12:14 pm UTC| Technicals
Cable has broken major psychological at 1.3000 even after better than expected U.K retail sales. U.K retail sales rebounded sharply by 0.6% compared to forecast of 0.4%. The rise in retail sales was mainly due to hot...
FxWirePro: GBP/USD breaks psychological support at 1.3000, dip till 1.2860 likely
Jul 20, 2017 11:07 am UTC| Technicals
Cable has broken major psychological at 1.3000 even after better than expected U.K retail sales. U.K retail sales rebounded sharply by 0.6% compared to forecast of 0.4%. The rise in retail sales was mainly due to hot...
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