FxWirePro: EUR/GBP struggles at 0.79 handle after gap-up open, go long on break above
Jun 06, 2016 05:51 am UTC| Technicals
Pound sold-off as latest Brexit polls suggests rising possibilities of the UK voting to leave the EU on June 23 EU referendum. EUR/GBP saw a gap up open and extended upside to hit session highs a four-week high of...
FxWirePro: USD/SGD recovers from fresh monthly low, good to buy on dips
Jun 06, 2016 05:46 am UTC| Technicals
USD/SGD is currently trading around 1.3612 marks. It made intraday high at 1.3625 and low at 1.3558 levels. Intraday bias remains bullish till the time pair holds key support at 1.3554 levels. A daily close...
Gold trades higher on weak US Jobs data, market awaits Fed chairman speech for further direction
Jun 06, 2016 05:32 am UTC| Technicals
Major resistance - $1243 Gold hits two-week high on Friday on account of weaker than expected US Non-farm payroll data. Bullion jumped 2.8% on Friday, its highest percentage gain since Feb 11. U.S economy...
FxWirePro: AUD/USD breaks above 200-DMA, good to buy dips
Jun 06, 2016 05:10 am UTC| Technicals
AUD/USD rides the NFP wave, hit 3-week highs of 0.7368 before paring some gains to currently trade at 0.7330. The pair has broken above 200-DMA at 0.7254 and trades with a majorly bullish bias despite weak MI...
Jun 06, 2016 04:36 am UTC| Technicals
USD/JPY was heavily sold-off into poor US NFP data released last Friday. U.S. non-farm payroll data on Friday showed U.S. employers added only 38,000 jobs in May, far below expectations of 164,000. USD/JPY...
FxWirePro: Indian rupee hits fresh 3 –week high against US dollar, intraday bias remains bearish
Jun 06, 2016 04:29 am UTC| Technicals
USD/INR is currently trading around 66.93. It made intraday high at 66.97 and low at 66.77 marks. Intraday bias remains bearish for the moment. A sustained close below 66.90 will tests key supports at 66.82,...
FxWirePro: USD/KRW rejects 1194 mark, intraday bias remains neutral
Jun 06, 2016 03:13 am UTC| Technicals
USD/KRW is currently trading around 1167 levels. It made intraday high at 1169 and low at 1164 marks. Intraday bias remains neutral for the moment. A sustained close below 1162 will tests key supports at...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
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