Jun 05, 2017 06:35 am UTC| Technicals
On hourly charts of this energy commodity prices, although the bulls break out the strong resistance at 48.16 levels, we dont encourage longs despite todays upswings. Instead, we are slightly skeptic about bullish swing...
FxWirePro: USD/JPY consolidates NFP-led sell-off, finds major support at 110.18 (200-DMA)
Jun 05, 2017 05:56 am UTC| Technicals
USD/JPY has closed the gap down open and edged higher from session lows at 110.30. The major now consolidates above 110.50 levels as we head towards early Europe. Recovery in risk sentiment after upbeat Chinese...
FxWirePro: Gold hits 6- week high on weak U.S jobs data, good to buy on dips
Jun 05, 2017 05:42 am UTC| Technicals
Gold hits highest in six weeks as U.S jobs data came weaker than expected. The yellow metal broken major resistance of $1274 high made on May 31st 2017. The yellow metal jumped almost $20 yesterday and is currently trading...
FxWirePro: Silver rises sharply after NFP job results, stay bullish only above $17.56
Jun 05, 2017 03:52 am UTC| Technicals
XAG/USD is currently trading around $17.52 marks. It made intraday high at $17.56 and low at $17.49 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.56 mark. A daily close...
FxWirePro: USD/SGD hovers around key support at 1.3808 mark, sustained close below targets 1.3704
Jun 05, 2017 03:09 am UTC| Technicals
USD/SGD is currently trading around 1.3822 marks. It made intraday high at 1.3824 and low at 1.3809 levels. Intraday bias remains neutral till the time pair holds key support at 1.3808 mark. A daily close...
FxWirePro: Chinese yaun strengthens as China’s CAIXIN services PMI rises to 4-month high
Jun 05, 2017 02:25 am UTC| Technicals
USD/CNY is currently trading around 6.8038 marks. It made intraday high at 6.8116 and low at 6.7962 levels. Intraday bias remains bearish for the moment. A sustained close above 6.8084 marks will test key resistances...
FxWirePro: South Korean won marginally higher on robust current account data
Jun 05, 2017 01:04 am UTC| Technicals
EUR/KRW is currently trading around 1,259 mark. Pair made intraday high at 1,260 and low at 1,258 levels. Intraday bias remains neutral for the moment. A daily close below 1,259 will drag the parity down...
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